# PEG Africa funding: rounds and investors

> PEG Africa has raised $54M across 2 rounds since 2019. Investors include Acumen, British International Investment and CDC Group. Every round with its source.

Source: https://millionrounds.com/company/peg-africa (Millionrounds; every figure on the page links to its filing or article)

Ghana · [Funded startup](https://millionrounds.com/companies)

# Who invested in *PEG Africa*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy

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Funding summary Updated 27 Oct 2026

**$54M** raised across 2 rounds since 2019, from 2 sources

**$50M** Debt **$4.0M** Debt

- **Latest round:** Debt, $4.0M Oct 2019
- **Biggest round:** $50M Debt · Mar 2019
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020

**$50M** Debt

**$4.0M** Debt

- **First round:** Debt, $50M
- **Biggest round:** $50M
- **Between rounds:** 6 months

## The rounds

- **Oct 2019** Debt **$4.0M** *2 new* [Acumen](https://millionrounds.com/fund/acumen) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Source recorded
- **Mar 2019** Debt **$50M** *7 new* [CDC Group](https://millionrounds.com/fund/cdc-group) [responsAbility](https://millionrounds.com/fund/responsability) [Total Energy](https://millionrounds.com/fund/total-energy) [SunFunder](https://millionrounds.com/fund/sunfunder) [Blue Haven Equity](https://millionrounds.com/fund/blue-haven-equity) Energy Access Renewable Energy Performance Reported by Disrupt-africa

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2019 **Debt** 2019 [Acumen](https://millionrounds.com/fund/acumen) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [CDC Group](https://millionrounds.com/fund/cdc-group) [responsAbility](https://millionrounds.com/fund/responsability) [Total Energy](https://millionrounds.com/fund/total-energy) [SunFunder](https://millionrounds.com/fund/sunfunder) [Blue Haven Equity](https://millionrounds.com/fund/blue-haven-equity) Energy Access Renewable Energy Performance

## Everyone who backed them

[Acumen](https://millionrounds.com/fund/acumen) VC firm **1** round

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **1** round

[CDC Group](https://millionrounds.com/fund/cdc-group) VC firm **1** round

[responsAbility](https://millionrounds.com/fund/responsability) VC firm **1** round

[Total Energy](https://millionrounds.com/fund/total-energy) Investment firm **1** round

[SunFunder](https://millionrounds.com/fund/sunfunder) VC firm **1** round

[Blue Haven Equity](https://millionrounds.com/fund/blue-haven-equity) Private equity **1** round

Energy Access no record of our own yet **1** round

Renewable Energy Performance no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=peg-africa).

## Quick answers about PEG Africa

### Who invested in PEG Africa?

PEG Africa's investors include Acumen, British International Investment, CDC Group, responsAbility and Total Energy, and 4 more on record.

### How much has PEG Africa raised?

PEG Africa has raised $54M across 2 rounds since 2019.

### When did PEG Africa last raise?

PEG Africa's most recent round was a Debt of $4.0M in Oct 2019.

### What was PEG Africa's biggest round?

PEG Africa's largest round on record is $50M (Debt), in Mar 2019.

### Who backed PEG Africa first?

PEG Africa's first round on record, in Mar 2019, was backed by CDC Group, responsAbility and Total Energy and 4 others.

### What stage is PEG Africa at?

PEG Africa's latest named round is a Debt, in Oct 2019.

### Where is PEG Africa based?

PEG Africa is based in Ghana.

## Companies like PEG Africa

In the same sector, and raised in the last eighteen months.

[**Kofa** $8.1M · May 2025](https://millionrounds.com/company/kofa)[**GIGA Storage** $634M · Oct 2026](https://millionrounds.com/company/giga-storage)[**Holyvolt** $45M · Oct 2026](https://millionrounds.com/company/holyvolt)[**Akaysha Energy** $1.5B · Oct 2026](https://millionrounds.com/company/akaysha-energy)[**Nuada** $19M · Oct 2026](https://millionrounds.com/company/nuada)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)

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