PEG Africa Overview
- Founded
-
2013

- Status
-
Private
- Employees
-
1,000

- Latest Deal Type
-
Buyout/LBO
- (Announced)
- Latest Deal Amount
-
$200M
- Investors
-
19
PEG Africa General Information
Description
Operator of a consumer asset-financing institution intended to offer loans for solar installation. The company's platform offer loans for solar home systems and other assets to off-grid households in West Africa using a pay-as-you-go financing approach, enabling customers to replace their perpetual spending on poor-quality polluting fuels, such as kerosene, with solar energy that becomes an asset to the customer.
Contact Information
Website
www.pegafrica.com
Formerly Known As
Impact Energies Ghana
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Specialized Finance
Primary Office
- Off Aburi Road, after Dodowa Junction
- Accra
- Ghana
+233 030 000 0000
PEG Africa Timeline
PEG Africa Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. Buyout/LBO (Add-on) | 27-Apr-2022 | $200M | 0000 | 00000 | Announced | Generating Revenue |
11. Later Stage VC | 19-May-2020 | 000 | 0000 | Completed | Generating Revenue | |
10. Debt - General | 03-Sep-2019 | 000 | 0000 | Completed | Generating Revenue | |
9. Later Stage VC (Series C) | 25-Mar-2019 | 0000 | 0000 | Completed | Generating Revenue | |
8. Later Stage VC | 01-Jan-2018 | 0000 | Completed | Generating Revenue | ||
7. Early Stage VC (Series B) | 27-Oct-2017 | 000.00 | 0000 | Completed | Startup | |
6. Grant | 14-Nov-2016 | 000 | Completed | Startup | ||
5. Debt - General | 01-Nov-2016 | 00.00 | 000 | Completed | Startup | |
4. Early Stage VC (Series A2) | 16-Jun-2016 | $4.3M | $7.5M | Completed | Startup | |
3. Early Stage VC (Series A1) | 09-Sep-2015 | $3.2M | $3.2M | Completed | Startup |
PEG Africa Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of a consumer asset-financing institution intended to offer loans for solar installation. The company's platfor
Consumer Finance
Accra, Ghana
1,000
As of 2022
0000
0000
0000-00-00
000000000000
0000
PEG Africa Competitors (2)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
SolarNow | Venture Capital-Backed | Kampala, Uganda | 000 | 0000 | 000000000 | 0000 |
0-0000 | Venture Capital-Backed | Nairobi, Kenya | 0000 | 00000 | 0000000000 0 | 00000 |
PEG Africa Executive Team (7)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Hugh Whalan | Co-Founder & Chief Executive Officer | ||
Gilles Marit | Chief Financial Officer | ||
Nate Heller | Co-Founder & Chief Operating Officer |
PEG Africa Signals
PEG Africa Investors (19)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Camco Clean Energy | Impact Investing | Minority | 000 0000 | 000000 0 | |
Kepple Africa Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
TotalEnergies Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Acumen Fund | Impact Investing | Minority | 000 0000 | 000000 0 | |
PCG Investments | Family Office | Minority | 000 0000 | 000000 0 |