PEG Africa Raises $5M in Debt Funding From ElectriFI
Wednesday, September 4, 2019
PEG Africa currently provides 400 000 daily users in Ivory Coast, Ghana and Senegal with credit for solar home systems via its pay-as-you-go financing model.
The firm was founded in 2013 by CEO Hugh Whalan and COO Nate Heller.
The company explained in a statement today that the funding will be used to help grow PEG Africa’s existing markets.
Photo courtesy of Christopher Herwig.