Sanari Funds Energenic’s Africa Expansion

Key Figures & Findings:  Sanari Capital, a private equity firm with a focus on sustainable African investments, recently committed R87.5 million (approximately $5 million) to Energenic Holdings, a company that provides critical energy generation solutions to sectors such as telecommunications, tourism, and commerce. Operating in 32 African countries, and is recognized for its hybrid renewable solutions designed to meet the unique energy demands across Africa. According to Sanari’s Sihle Gumede, Energenic’s transition from diesel-focused solutions to sustainable hybrid energy represents a pivotal shift aligned with Sanari’s "3S" investment strategy—building Sustainable, Scalable, and Saleable companies

Statistics & Insights: Currently, Africa’s electrification rates stand at an average of only 30%, intensifying the need for reliable energy. Sanari’s partnership with Energenic aligns with its “There is no planet B” strategy, aiming to drive green solutions and alternative energy in underserved areas.

Future Implications: If successful, this investment could see Energenic broaden its reach across South Africa and beyond, addressing energy security challenges while reducing environmental impact. It could also set a benchmark for private equity support in sustainable energy within Africa.

Source: SolarQuarter