CEI Africa extends investment in MPower Ventures

MPower Ventures is a climate-focused fintech company that revolutionizes energy access by providing small- and medium-scale solar energy infrastructure in developing countries. Using a B2B model that integrates hardware, software, and financing solutions, they transform accessibility and impact into profitability.

As a B2B solutions provider, MPower finances and distributes small- to mid-capacity solar products while offering expertise, software, and financing solutions to its network of solar installers, distributors, and large clients, including private companies. Since its establishment in 2017, the company has evolved its product portfolio to include larger micro-commercial and industrial systems (projects ranging from 12–50 kWp) in addition to Solar Home Systems, home appliances, and productive-use equipment like e-mobility solutions.

With a team of 68 people, the company has sold over 50,000 solar products and appliances across seven countries—Zambia, Cameroon, Togo, Ghana, Namibia, Botswana, and Zimbabwe. As part of its next phase, MPower is focused on scaling its presence in West and Southern Africa. The company aims to target markets with unreliable or non-existent grid infrastructure, catering to households and SMEs, particularly in agribusiness and service sectors.

The recently obtained capital from CEI Africa will support MPower in scaling its operations and broadening its product portfolio, driving sustainable energy adoption across Africa. The funds will aid MPower's growth, including expanding its distributor network, diversifying its product portfolio, and enhancing financing offerings to effectively reach target customers. Furthermore, the funds will enable the company to align its product portfolio with evolving customer needs and emerging market trends.

This latest funding comprises equity and subordinated loans, with participation from strategic angel investors and the crowd via two crowdfunding platforms: Klimja (debt) and Republic (equity). The company raised EUR 795K and EUR 1.7M respectively through these platforms. Notably, this marks CEI Africa's first investment alongside crowdfunding platforms.

Ongoing Project to Scale MediHubs Across Africa
This milestone follows closely after MPower won a high-impact project from EEP Africa to scale MediHubs in Zambia and Namibia. By December 2025, the Swiss startup aims to sell 30 MediHubs, 60 electric vehicles, and 250 productive-use equipment (PUE) appliances, providing enhanced energy access to 15,000 people while creating 213 permanent jobs. MediHubs, which are easily deployable, power a range of productive-use services beyond those required by health centers. Located near health institutions, which serve as off-takers, MediHubs offer a cost-efficient model for sustainable health center electrification.

(Press release/RAN)