# PEG Africa

**Source:** https://www.startuphub.ai/startups/peg-africa
**Profile type:** Startup

> Finances and deploys pay-as-you-go solar home systems for off-grid households in West Africa.

## About

PEG Africa provides affordable solar energy solutions to households and small businesses in West Africa that lack access to the electrical grid. Their innovative pay-as-you-go (PAYG) financing model allows customers to acquire solar home systems by making small, incremental payments via mobile money, making clean energy accessible and sustainable.

## Key facts

- **Slug:** peg-africa
- **Website:** https://www.pegafrica.com/
- **Location:** Accra, Ghana
- **Founded:** 2013-01-01
- **Operating status:** Inactive
- **Total funding:** $33M
- **Sectors / tags:** Energy, Climate Tech, Solar Energy, Fintech, Pay-as-you-go, Off-grid Solutions, Emerging Markets

## Frequently asked

### What does PEG Africa do?

PEG Africa provides affordable solar energy solutions to households and small businesses in West Africa that lack access to the electrical grid. Their innovative pay-as-you-go (PAYG) financing model allows customers to acquire solar home systems by making small, incremental payments via mobile money, making clean energy accessible and sustainable.

### What is PEG Africa's revenue?

StartupHub estimates PEG Africa's annual revenue at $20.3M (range $4.1M to $34.1M, 35% confidence), based on comparable companies in the sector.

### What is PEG Africa's valuation?

StartupHub estimates PEG Africa's effective valuation at $129.3M (range $81.3M to $195.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has PEG Africa raised?

PEG Africa has raised a total of $33M in funding. The most recent round on record is Debt Financing.

### Where is PEG Africa headquartered?

PEG Africa is headquartered in Accra, Ghana.

### When was PEG Africa founded?

PEG Africa was founded in 2013.

### What industry does PEG Africa operate in?

PEG Africa operates in Energy, Climate Tech, Solar Energy, Fintech, Pay-as-you-go, Off-grid Solutions.

### What is PEG Africa's current status?

PEG Africa's current operating status is: Inactive.

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