PEG Africa: Increases it Presence in Western part of Africa
By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- PEG Africa, a pay – as – you – go solar company based in West Africa, quite recently increased $ 5 million from ElectriFI in order to continue its expansion in existing markets. PEG Africa finances and unfolds solar energy to SMEs and households in West Africa. PEG Africa, via its PAYG financial model; allows customers to restore their spending on substandard – quality polluting fuels like Kerosene and diesel with solar energy. The company is serving 400,000 daily users in Co’te d’Ivoire, Senegal and Ghana. PEG Africa has expanded into solar water irrigation and larger solar power systems. The funding gained from ElectriFI is positioned junior debt and will be used for growth in PEG’s existing markets. Electri...
Posted On 05 Sep 2019
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