Solarise Africa, a pan-African Vitality-as-a-Service firm, has received the distinguished African Unicorn Award for Greentech & Vitality. The award recognises Solarise Africa’s contribution to the expansion and improvement of sustainable power options in Africa.
The African Unicorn Awards rejoice distinctive corporations which can be primed to realize a billion-dollar valuation or extra in Africa within the subsequent 5 years. The Greentech & Vitality class recognises corporations which have demonstrated excellent innovation and management within the power sector whereas selling sustainable improvement.
“African Unicorns goals to recognise and honour the exceptional achievements of a number of the most revolutionary and visionary corporations on the African continent,” stated Mehdi El Alj, founding father of the African Unicorn Awards. “We’re delighted to current the Greentech & Vitality award to Solarise Africa, an organization that represents the perfect of what this continent has to supply”.
1,542 corporations competed for the award and the method was led by Boston Consulting Group in addition to main pan-African personal fairness investor AfricInvest.
“We’re honoured to obtain the African Unicorn Award for Greentech & Vitality,” stated Jan Albert Valk, Co-Founder & CEO of Solarise Africa. “This award is a testomony to our dedication to offering revolutionary and sustainable power options to companies throughout Africa. We’re grateful to our prospects, companions, and staff who’ve contributed to our success.”
Solarise Africa’s mission is to offer dependable and reasonably priced decentralised power options to companies throughout Africa. The corporate has carried out a number of photo voltaic power tasks in rural and concrete areas, offering electrical energy to industrial and industrial companies in South Africa, Kenya, Rwanda and Uganda, with fast development forecasted in these nations and elsewhere on the continent.
The African Unicorn Award for Greentech & Vitality is a major achievement for Solarise Africa. “We imagine that photo voltaic power is the important thing to unlocking Africa’s financial potential,” stated Valk. “By offering clear, reasonably priced, and dependable power, we will energy financial development, create jobs, and enhance the standard of life for tens of millions of individuals. We’re pleased with the work we’ve got completed to this point, bringing solar energy to companies throughout Africa. However we all know there may be a lot extra to do. We have now raised round USD 50 million in fairness and debt to this point and will likely be embarking on an extra fairness elevate in 2023 and 2024. It will permit us to broaden our attain even additional. With these new investments, we can carry clear, dependable power to extra organisations, assist companies and communities thrive, and contribute to a extra sustainable future for our continent,” concluded Valk.