Energy Investment Startups

Rensource raises $20M to boost Renewable Energy supply in Nigeria

Rensource systems leaving the assembly line. Photography: Twitter @rensourceenergy

Africanventure capital fund led the Rensource’s Series A $20 million investment in conjunction with the CRE Venture Capital and impact investor the Omidyar Network.

Rensource develops and manages critical infrastructure that powers the productivity of small and medium sized enterprises.

Rensource Spaces O2O MerchApp. Photography: Rensource

The Company offers B2C and B2B solar and battery-based power subscription packages to individuals and businesses. Rensource Distributed Energy serves customers in Nigeria.

Ademola Adesina, founder and CEO of Rensource.
Photography: How we made it in Africa







“It’s a mini-ERP tool. We’re trying to bring a universe of people who are banked, but…still offline their products are offline, they don’t track anything, and there’s no data behind their business online,” Adesina told TechCrunch.

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