South Africa's utility-scale solar company — $94M raised 2026
SolarAfrica is South Africa's leading utility-scale and commercial solar energy company, developing, financing, and operating solar PV plants for large businesses and the grid. Raised $94M in debt financing in February 2026 led by Rand Merchant Bank and Investec — one of the largest cleantech raises in South African history.
Founded
2013Founders
UndisclosedValuation
UndisclosedLease-to-own electric motorbikes for East African boda boda riders
Ultra-efficient clean cookstoves manufactured in Kenya
Solar-powered smart freezers for off-grid African businesses