Open Access Energy Secures $750K Funding to Drive South Africa’s Transition to Clean Energy
Tech In Africa | Grace Ashiru - Aug 13, 2024
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Open Access EnergySouthern African Development Community (SADC)Factor E VenturesSouth Africa
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  • Open Access Energy (OAE) secures a $750,000 investment from Factor E Ventures.
  • The funding will be used to address the energy deficiency in South Africa and enhance renewable energy distribution and management.
  • OAE's software solutions aim to decentralize energy and ensure universal access to clean power.
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The investment from Factor E Ventures is a significant boost for Open Access Energy and South Africa's energy sector. OAE's software solutions have the potential to address the country's energy challenges and accelerate the transition to renewable sources. The funding will enable OAE to innovate, expand its market presence, and contribute to a more sustainable energy system.
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