Africa's Energy Startups Secure $787M in 2025 Funding

Africa's energy startups attracted $787.3 million in 2025, with 52 companies raising capital for renewable energy solutions. The top 10 firms secured 91.88% of total funding, highlighting investor preference for scalable solutions. Koolboks (Nigeria) received $11.2 million for solar-powered refrigeration, expanding operations to underserved communities. Key investors include All On, Shell Foundation, and AfDB. This funding surge supports Africa's transition to renewable energy, particularly in areas lacking reliable electricity.

SOURCE: https://nairametrics.com/2026/02/27/most-funded-alternative-energy-startups-in-africa-in-2025/