Solar-E-Cycles Africa Group
Affordable solar electric mobility & power for home & business in developing countries. Youth job creation. PAYGo business model. $40bn market to grow to $100bn
- Stage Full Product Ready
- Industry Clean Technology
- Location Nairobi, Kenya
- Currency USD
- Founded April 2015
- Employees 30
- Incorporation Type C-corp
- Website solar-e-cycles.com
Company Summary
Solar powered light electric vehicles travel 50km/d on sunlight, power home&business and create youth jobs for Africa.
A $40bn market today growing 300% from population explosion
Affordable PAYGo business model with 18 mos payback but no existing competition. Rapid scaling strategy - 10,000 remotely monitored bus. units.
Value-added products for electric vehicles including On-board data, GSM, GPS, mobile money and IoT
$4m invested to date.
Team
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Software development
Jean VINCENT, Software development,– France, 50 - Experience in the creation and management of a dozen startups since 1985, in France, in the United States (Silicon Valley), as well as in Morocco since 2003. ReverseRisk, ReActane, Perform, 8x8, Callbright. - Responsible for leadership of the software development and data processing ;
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Head of on-board data and power management hardware
Ahmed RACHID, PhD Control Engineering, MBA, MSc. Eng. Control Engineering, Prof. @Université Jules Vernes, France, Robotics, Signal Processing, Industrial Computing ; More than 10 collective books ; 2patents; over 120 international scientific papers; Supervision of 22PhD’s and over 80 masters projects; – Responsible for leadership in control systems, on-board system development and university research programs ;
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Impact monitoring and evaluation
10 years with the Government of Canada in various capacities in strategic planning, monitoring and evaluation. Responsible for orientation of impact evaluation.
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Solar PV technology
Geoffrey RONOH, - Engineer and M.Sc. in Renewable Energy, 37. Previous Manager Strathmore Energy Research Center. CEO OFGEN SOLAR – Solar PV start-up in Nairobi – Responsible for Solar PV technology.
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Jibril OmarLegal
Mohamed Jibril OMAR, LLB Law, 40. Partner OFGEN SOLAR LTD, Kenya. – Repsonsible for legal
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University research
Hamid EL OMARI, Professor and Head of Laboratoire ENR, Univresity Hassan Ier - Settat Morocco 50 ; Technial advisor CE3M ; Responsible for PV research, student research programs; french and arabic training.
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GM Solar E-Cycles Kenya Ltd
MSc in Aeronautical engineering. An avid, budding Engineer and Entrepreneur, passionate about using engineering and public policy as a tool for economic and social development – especially in Africa.
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Charles BadenhorstManaging Partner Solar E-cycles South Africa
Charles Badenhorst is a highly experienced administrator in South Africa with serious involvement in youth job programs through his church activities. He has managed accounts on large scale power projects. He will be responsible for developing our accounting and administrative procedures.
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Jaafar BenabbouManaging Partner Solar E-Cycles Morocco
Jafaar Benabbou is a financial consultant with experience in financing energy efficiency projects.
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Founder Solar-E-Cycles Empowering People Project.
Roger CHRISTEN – Industrial engineer and MBA. 69. 30 years in preparing, implemented $1,5bn of private sector development investment in power, mining, value chains, tourism, agribusiness in World Bank projects in Africa. 13 years in Consulting with Price Waterhouse.
Advisors
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Pierre Breton is a marketing consultant in Montreal. He advised Solar E-Cycles in 2015 on marketing strategies and developed the logoUnconfirmedHajarivony Andriamarofara was a World Bank staff member and short term consultant. His specialties include governance issues, privatization, share warehousing, digital technology, municipal management, procurement.Unconfirmed
Previous Investors
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VALEO INNOVATION CHALLENGE has contributed 100,000 euro to a Solar E-Cycle Subsidiary ETUKTUK LIMITED, ETUKTUK are the operational arm of Solar E-Cycles in the delivery sector in NairobiUnconfirmedENERGY ENVIRONMENT PARTNERSHIP EAST AFRICA granted 200,000 euros to Solar E-Cycles in 2015-2017.UnconfirmedTOYOTA MOBILITY FOUNDATION (through EXA PARTNERS) are supporting Solar E-Cycles Kenya Ltd in 2019 with purchase of a vehicle and other supports.Unconfirmed
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