Summary
- Africa’s renewable energy market is set to see substantial growth, with electricity generation expected to reach 232.91 billion kWh by the close of 2025.
- The industry is drawing in significant investment, as African startups secured $460 million in the first quarter of 2025 alone, primarily in fintech, renewable energy, and AI-backed solutions.
- South Africa is at the forefront of startup activities, with Kenya following closely behind and making notable investments in solar energy. The solar market in Africa is forecasted to expand at a compound annual growth rate (CAGR) of 42.3% from 2025 to 2035.
In-Depth Analysis!
A fresh wave of innovative startups is spearheading a significant transition towards clean and sustainable energy across the continent. The International Renewable Energy Agency (IRENA) reports that Africa has 60% of the world’s prime solar resources but only 1% of global solar capacity installed. This stark discrepancy has created opportunities for technology-driven renewable energy startups to provide electricity, create opportunities, and ensure climate resilience for millions.
In recent years, the momentum behind Africa’s renewable energy sector has grown tremendously due to local creativity and international funding. It has been reported that investments in African climate tech reached over $3 billion by the third quarter of 2024, with energy startups playing a pivotal role. These companies are addressing energy poverty, creating green jobs, empowering disadvantaged communities, and enhancing national productivity.
The startups highlighted here showcase the vibrant and impactful nature of Africa’s renewable energy sector as of 2025. With innovative technologies and considerable financial backing, they are tackling crucial energy access issues, promoting environmental sustainability, and driving economic growth throughout the continent. As investments keep flowing into this field, these enterprises are positioned to significantly influence Africa’s energy landscape.
Presenting the Top 10 Most Funded Renewable Energy Startups in Africa for 2025, which illustrates those startups that have garnered considerable investment to amplify their impact across the continent. From off-grid solar solutions and digital energy platforms to electric mobility and mini-grid innovations, these startups are reshaping the future of energy in Africa.
10. Hydrobox – Kenya
Hydrobox designs and operates container-based hydropower plants, delivering dependable and eco-friendly electricity to underserved regions through innovative mini-grid systems. Established in 2018, the startup has raised $9 million in funding.
9. SunCulture – Kenya
SunCulture focuses on solar-powered irrigation systems, offering solutions to smallholder farmers that enhance agricultural efficiency and food security. Founded in 2012, they have secured $27.5 million in investments.
8. BURN Manufacturing – Kenya
BURN designs and produces efficient cookstoves that reduce fuel usage and indoor air pollution, leading to better health and environmental benefits. They have raised $30.1 million since their founding in 2011.
7. Wetility – South Africa
Launched in 2019, Wetility specializes in digital solar energy management, providing smart solutions that allow users to generate, store, and manage clean energy for their homes and businesses. They have received $48 million in funding.
6. Spiro – Kenya
Spiro focuses on electric motorbikes and battery-swapping systems, advancing sustainable transportation options across various African nations. Since its establishment in 2019, it has raised $20 million.
5. M-KOPA – Kenya
M-KOPA connects households to solar energy via a pay-as-you-go model, making clean energy affordable and accessible for low-income families. Founded in 2011, it has raised $51 million.
4. WeLight – Pan-African
WeLight develops and manages renewable energy mini-grids with a substantial project in Nigeria focused on powering rural areas and improving electricity access for millions. They have secured $200 million since 2018 through the Nigeria rural electrification project.
3. D.light – Kenya
D.light manufactures and sells solar lighting and power products aimed at providing clean energy to underserved communities. Their recent funding has been directed toward expanding off-grid solar projects throughout Africa, raising $176 million since it was founded in 2007.
2. Lumos – Nigeria
Lumos offers high-quality solar home systems, changing the African energy landscape by providing reliable and affordable energy to off-grid areas. Founded in 2012, they have attained $212 million in debt financing.
1. Sun King (Greenlight Planet) – Kenya
Sun King designs, distributes, and finances solar energy solutions for homes and businesses lacking stable grid access. Their pay-as-you-go method has widened energy access throughout Africa, establishing them as a leader in off-grid solar energy. The startup has amassed $576 million in funding since its inception in 2009 through Series D investments.
