OverviewSuggest Edit

PEG is a solar company providing asset-based financing for solar and other assets to consumers who lack both access to electricity and banking services. The company's primary product is a solar home system that includes three lights, a phone charger, and a radio that allows customers to access light for working and studying after hours, avoid air pollution from kerosene-based lighting solutions, and also build credit for additional products and services over time.

TypePrivate
Founded2013
HQDodowa, GH
Websitepegafrica.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Oct 2019)103(-9%)

Key People/Management at PEG

Hugh Whalan

Hugh Whalan

CEO
Efuwa Quansah

Efuwa Quansah

Ghana Country Director
Simone Vaccari

Simone Vaccari

Director of Credit, Global
Pim van der Burgh

Pim van der Burgh

Director of Planning, Global
Nate Heller

Nate Heller

COO
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PEG Office Locations

PEG has offices in Dodowa, Abidjan and Dakar
Abidjan, CI
Cocody Angré 8ieme Tranche, Route CNPS
Dakar, SN
Villa No 512, VDN Foire-Dakar
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PEG Financials and Metrics

Summary Metrics

Founding Date

2013

PEG total Funding

$52.5 m

PEG latest funding size

$5 m

Time since last funding

7 months ago

PEG investors

PEG's latest funding round in September 2019 was reported to be $5 m. In total, PEG has raised $52.5 m
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PEG Online and Social Media Presence

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PEG News and Updates

SG’s Doctor Anywhere raises $27m led by Square Peg Capital, EDBI, IHH Healthcare

The company last raised a $4.1 million Series A round in July 2018. The post SG’s Doctor Anywhere raises $27m led by Square Peg Capital, EDBI, IHH Healthcare appeared first on DealStreetAsia.

Their Stories: Coronavirus claims the life of Jefferies Group CFO Peg Broadbent

The coronavirus pandemic struck at the heart of Wall Street on Sunday morning with the passing of Peg Broadbent.

UPDATE 1-Jefferies Group CFO Peg Broadbent dies due to coronavirus complications

Jefferies Financial Group Inc said on Sunday Peg Broadbent, chief financial officer of Jefferies Group LLC, has died from coronavirus complications.

Zimbabwe Restores Dollar Peg as Currency Crashes

Zimbabwe Restores Dollar Peg as Currency Crashes

Oil Endurance Test Hinges on Ruble’s Edge Over Saudi Peg

Oil Endurance Test Hinges on Ruble’s Edge Over Saudi Peg

Steyer Says He’s the Democrat That Trump Can’t Peg as a Socialist

Steyer Says He’s the Democrat That Trump Can’t Peg as a Socialist
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PEG Blogs

West Africa based PEG Africa enters Mali, accelerates expansion

On the back of a profitable first year in Senegal, PEG Africa leverages successful expansion playbook to move into Mali.  PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spend…

PEG Africa finishes first 12 months in Senegal profitable, accesses financing to continue expansion

PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and diesel with solar energy. PEG is currently serving over 400,000 d…

PEG Africa finishes first 12 months in Senegal profitable, receives financing to continue expansion

PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and diesel with solar energy. PEG is currently serving over 400,000 d…

PEG Africa raises $5m from ElectriFI to continue expansion in West Africa

PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised US$5 million from ElectriFI to continue rapid growth in existing markets. PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers t…

PEG Frequently Asked Questions

  • When was PEG founded?

    PEG was founded in 2013.

  • Who are PEG key executives?

    PEG's key executives are Hugh Whalan, Efuwa Quansah and Simone Vaccari.

  • How many employees does PEG have?

    PEG has 103 employees.

  • Who are PEG competitors?

    Competitors of PEG include Trinity Solar, Austin Energy and Clean Solar.

  • Where are PEG offices?

    PEG has offices in Dodowa, Abidjan and Dakar.

  • How many offices does PEG have?

    PEG has 3 offices.