|Sectors||Clean technology and energy, Electric utilities, Renewable energy, Utilities|
Founded in 2012, Persistent is Africa’s Climate Venture Builder, a leading expert and pioneer investor in off-grid energy and e-mobility. Persistent provides, through its venture building model, early-stage capital and strong operational support to exceptional entrepreneurs in underserved markets. It helps them build companies that address climate change and deliver competitive financial returns required for lasting social impact. Its sector-defining publications and analysis underscore Persistent’s commitment to a collaborative approach to accelerate the development of the entire sector.
To date, Persistent has made 18 early-stage investments (2 exits) in PAYGO solar home systems, Commercial and Industrial solar, Ecosystem enablers and E-Mobility players. Next to delivering solid financial returns, we have also contributed to improving over 4.6 million lives, powering half a million households, avoiding over 1 million tons of CO2e, and creating 10,000 jobs.