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PayGo solar startup Yellow raises $14 million to scale in africa

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Yellow, an asset financier for solar energy and digital devices in Africa has raised $14 million series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners.
Yellow was founded and launched in Malawi in 2018 by Mike Heyink and Maya Stewart, to initially bring solar energy to the country, which is among those with the lowest access to electricity in the world. It has since grown its footprint across Africa and increased its product offering to i

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