About Widenergy Africa
Widenergy Africa is a company based in Lusaka (Zambia) founded in 2016.. Widenergy Africa offers products and services including Clean Energy Kits. Widenergy Africa operates in a competitive market with competitors including Vitalite Group, Fastfold Energy Solution, Solar Move Africa and ID Solar Solutions, among others.
- Headquarter Lusaka, Zambia
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Widenergy Africa Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
OPES-LCEF
& 2 more
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Employee Count
Employee Count
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Products & Services of Widenergy Africa
Widenergy Africa offers a comprehensive portfolio of products and services, including Clean Energy Kits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides affordable, reliable energy for lighting and cooking in households
Funding Insights of Widenergy Africa
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Debt – Conventional - Widenergy Africa | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Widenergy Africa | Valuation | ShEquity |
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| Jun, 2019 | Amount | Seed - Widenergy Africa | Valuation | GreenTec Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Widenergy Africa
Widenergy Africa has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include OPES-LCEF, ShEquity and GreenTec Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Social enterprises are invested in by OPES-LCEF venture capital fund.
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Founded Year | Domain | Location | |
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ShEquity is focused on gender-smart green investments in Africa.
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Founded Year | Domain | Location | |
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Investment and operational support services for African entrepreneurship and ecosystems.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Widenergy Africa
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Widenergy Africa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Widenergy Africa Comparisons
Competitors of Widenergy Africa
Widenergy Africa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vitalite Group, Fastfold Energy Solution, Solar Move Africa and ID Solar Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Rural solar home systems are installed via pay-as-you-go model.
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| domain | founded_year | HQ Location |
Manufactures solar-powered products like panels and integrated energy systems.
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| domain | founded_year | HQ Location |
Manufactures solar-powered products, including panels and integrated energy systems.
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| domain | founded_year | HQ Location |
Offers solar systems, installation, and maintenance for households and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Widenergy Africa
Frequently Asked Questions about Widenergy Africa
When was Widenergy Africa founded?
Widenergy Africa was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Widenergy Africa located?
Widenergy Africa is headquartered in Lusaka, Zambia.
Who is the current CEO of Widenergy Africa?
Lliane Ndananeze is the current CEO of Widenergy Africa.
What does Widenergy Africa do?
Widenergy Africa, established in 2016, excels in working in the energy sector, developing solar energy systems, solar products, multi-products, and diversified. Distributor of solar powered products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Widenergy Africa?
Widenergy Africa's top competitors include Vitalite Group, Fastfold Energy Solution and Solar Move Africa.
What products or services does Widenergy Africa offer?
Widenergy Africa offers Clean Energy Kits.
Who are Widenergy Africa's investors?
Widenergy Africa has 3 investors. Key investors include OPES-LCEF, ShEquity, and GreenTec Capital Partners.