Pawame

Pawame

Provide energy access as a gateway to financial empowerment and limitless opportunity in Sub-Saharan Africa. Learn more
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DateInvestorsAmountRound

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Seed
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$2.0m

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$750k

Seed

$1.7m

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Acquisition
Total FundingAUD6.9m

Recent News about Pawame

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Pawame is a UAE-based startup focused on providing off-grid solar energy solutions to households in sub-Saharan Africa. The company aims to address the energy access gap by offering affordable and reliable solar home systems to communities that are not connected to the national electricity grid. Pawame primarily serves low-income households, including those in rural and underserved areas, as well as refugee camps. The company's business model revolves around a pay-as-you-go (PAYG) system, which allows customers to make small, incremental payments for their solar systems over time, making it financially accessible for those with limited income.

Pawame operates in the renewable energy market, specifically targeting regions with high levels of energy poverty. By leveraging mobile money platforms, the company ensures that payments are convenient and secure for its customers. This model not only provides immediate access to electricity but also helps build a credit history for users, potentially opening up further financial opportunities in the future.

Revenue is generated through the sale of solar home systems and the ongoing payments made by customers under the PAYG model. Additionally, Pawame may receive funding and support from international development organizations and impact investors who are interested in promoting sustainable energy solutions and financial inclusion.

Keywords: off-grid solar, energy access, sub-Saharan Africa, PAYG, renewable energy, low-income households, mobile money, financial inclusion, rural electrification, sustainable development.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.