Fresh off the heels of $7M capital raise, Tanzanian solar-as-a-service startup Off Grid Electric raises another $16M

Things are looking bright for East Africa this season. At least that’s the case for the solar as a service startup Off Grid Electric and its customers.

Tanzanian-based solar company Off Grid Electric has raised a massive US$16-million (about R184-million) lead by the US alternative energy giant and NASDAQ-listed, SolarCity, the UK’s Zouk Capital as well as Microsoft co-founder Pual Allen’s Vulcan Capital.

Read more: ventureburn | Tanzania's pre-paid solar startup Off Grid Electric raises $16 million.