SteamaCo and Shyft Power Solutions Merge to Ignite Africa’s Digital Utility Transformation
In a landmark move to revolutionize Africa’s energy sector, SteamaCo, a UK-based leader in energy revenue management, has merged with Shyft Power Solutions, a Nigerian innovator in digital energy solutions that gained popularity recently with its community-metering solutions. The merger occurs alongside a new funding round led by Equator VC and with participation from Praetura Ventures and KawiSafi Ventures, who collectively bring together decades of experience investing in African and climate-tech ventures.
Photo courtesy of andreas160578.
Source: Equator (link opens in a new window)
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