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Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities

TechCrunch LogoTechCrunch1w ago

Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities

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Sub-Saharan Africa’s share of the global population without access to electricity stood at 77% in 2020, according to reports.

Also, the average daily electricity supply in some of Africa’s largest cities is less than 12 hours.

Adisa told TechCrunch that BPS has grown from a single utility in Nigeria to four utilities in two countries, including Ghana, covering more than 8 million customers (residential and businesses).


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Article Details

Author / Journalist: Tage Kene-Okafor

Category: Startups

Topics: Artificial intelligence Electricity Articles Recent Funding Chief executive officer Smart grid United States Beacon Power Services Energy Nigeria Ghana Startups Seedstars Africa Ventures Electrical grid Managing partner Aerospace Kepple Africa Ventures Africa Investment banker Energy tech TC Africa Ceo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-05, 08:00:38

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 779 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 113888

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