pegafrica
Information by Research TrustFinance
PEG Africa is a major player in the deployment and financing of solar energy solutions for rural and peri-urban communities in West Africa. Founded in 2013, the company's mission is to provide affordable, clean energy to consumers who lack access to a reliable electrical grid. Its core business model is centered on a pay-as-you-go (PAYG) system, which allows customers to purchase solar home systems through small, incremental mobile money payments, making clean energy accessible and affordable. In November 2022, PEG Africa was acquired by Bboxx, a next-generation utility platform, in a move to create one of the largest companies for accessing solar energy and other essential services in Africa.
Ghana
Industry
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Financial