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Africa REN logo — Renewable power producer dedicated to Sub-Saharan Africa

Africa REN

Renewable power producer dedicated to Sub-Saharan Africa

France France 12 employees Debt Financing Total: $32.00M Renewable Energy, Sustainability

General Information

Company Name Africa REN
Location France France +2
Employees 12
Industries Renewable Energy, Sustainability
Funding Stage Debt Financing
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About Africa REN

Africa REN is a renewable power producer with a slogan that reflects its commitment to expanding access to power in Sub-Saharan Africa. The company's description emphasizes its focus on delivering solar power plants and storage solutions to promote energy self-sufficiency at a national level. With a specific dedication to West Africa, Africa REN boasts on-the-ground local presence and a deep understanding of local regulations. Founded with a mission to drive sustainable impact, the company operates in the Renewable Energy and Sustainability industries from its headquarters in France. In its most recent milestone, Africa REN secured a significant €32.00M Debt Financing investment on 25 June 2023. This investment was made possible through the support of FMO and the Emerging Africa Infrastructure Fund, indicative of the confidence that leading investors have in the company's vision and potential. With a track record of impactful investments and a strategic focus on a region with immense potential, Africa REN is poised to continue making significant contributions to the renewable energy landscape in Sub-Saharan Africa.

Taxonomy: solar power, power plants, energy storage, Sub-Saharan Africa, energy access, national power expansion, energy self-sufficiency, West Africa, local presence, regulations, renewable power, solar energy, energy infrastructure

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 2
Investor Investor
25 Jun 2023

Africa REN Alternatives & Competitors

Africa REN vs
Middle East Solar Industry Association (MESIA)
Middle East Solar Industry Association (MESIA) United Arab Emirates

Empowering solar across MENA

19 employees
Renewable Energy
Africa REN vs
Redavia
Redavia Germany

Providing pay-as-you-go solar power to businesses in sub-Saharan Africa

Debt Financing
17 employees
ESG, Renewable Energy
Africa REN vs
GridX Africa
GridX Africa Kenya

We provide innovative cost-effective power solutions to businesses in sub-Saharan Africa

16 employees
Energy, Renewable Energy

FAQ About Africa REN

Renewable power producer dedicated to Sub-Saharan Africa
Africa REN is headquartered in France.
Africa REN operates in the following industries: Renewable Energy, Sustainability.
Africa REN has approximately 12 employees.
Africa REN has completed 1 funding round, raising a total of $32.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Africa REN include Middle East Solar Industry Association (MESIA), Redavia, GridX Africa, AEG Power Solutions-Distributor (Andrea FZCO), PowerMarket. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Africa REN and Middle East Solar Industry Association (MESIA) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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