Recently we wrote about the huge growth in the African Off-Grid Energy industry. One aspect we didn’t mention was that the majority (75%) of the funding is going to startups serving rural customers.
This begs the question of why are investors not investing more into the huge urban segment of the industry.
To get to the bones of this you need to understand the motivations of the investors backing the sector and the challenges the energy startups are attempting to solve.
Read Olanrewaju Odunowo’s piece at Tech Cabal to get some insight on the issue.
You can also learn more about the potential of Off-Grid Solar Energy by checking this fantastic TedTalk from Amar Inamdar.