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Sawa Energy Secures Funding to Boost Expansion in East Africa

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Sawa Energy  is revolutionizing how small and medium-sized enterprises (SMEs) in East Africa access energy. Operating in Rwanda and Uganda, the company is breaking down barriers by removing initial costs, thereby making solar power and energy-efficient solutions accessible and affordable.

Launched in 2021, Sawa Energy doesn’t just supply energy; it takes on the construction, ownership, and operation of solar systems for its clients. This approach enables clients to save significantly and shields them from fluctuations in electricity prices. With the ambitious goal of becoming East Africa’s leading private solar energy provider by 2030, Sawa Energy is firmly committed to fostering a more sustainable and environmentally friendly future.

“Samuel Kaufman, CEO and co-founder of Sawa Energy, highlighted the company’s commitment to achieving three core objectives: forging strong partnerships with companies in East Africa, minimizing emissions, and delivering substantial returns to investors. He stressed the importance of a sustainable business model that benefits all involved parties.

Sawa Energy distinguishes itself by eliminating the financial and operational barriers associated with adopting solar energy. The company provides businesses with comprehensive energy solutions without any initial costs or ongoing fees for operation and maintenance, making the switch to clean, cost-effective energy smooth and hassle-free.

Blessing Layee-Maima Caine, Investment Manager for Rwanda at Renew Capital, praised Sawa Energy’s innovative approach to providing affordable and sustainable energy solutions. As part of the investment consortium, Renew Capital is enthusiastic about supporting Sawa Energy’s mission to enable businesses to thrive sustainably and cost-effectively.”

 

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Written by Grace Ashiru

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