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UpOwa

Shares

  • Develpment
  • Green Energy
  • Environment
  • Local economy
  • Clean and affordable energy
  • Reduced inequality
Impact category Tech for good
Degree of maturity
Amount collected : € 2 644 900.00

Presentation

UpOwa has developed an innovative autonomous solar production solution invoiced on demand to provide Cameroon's rural populations with a sustainable supply of solar electricity and enable them to light up and charge a mobile at a lower cost than existing solutions. Today, one in five people on our planet still has no access to electricity: for 600 million people in Africa, this means that their phones are unusable and they live in the dark as soon as the sun sets. Since the commercial launch, UpOwa has already equipped more than 5000 homes with a guaranteed autonomous solar system and lights up more than 25000 people every night! By the end of 2022, more than one million people will be receiving electricity. The co-founders' objective is to expand their offer in the rest of Cameroon and hope to reach a portfolio of nearly 200,000 installations by the end of 2022.

If you wish to participate in the financing of a company committed to democratizing access to electricity in Africa, do not wait any longer and subscribe to LITA.co.

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Created by potrace 1.16, written by Peter Selinger 2001-2019

Reasons to invest

Risks related to the investment

Transaction conditions

Transaction amount
Amount reserved for LITA.co investors
Co-investors

Investment product conditions

Financial product
Minimum ticket
Financial benefit
Legal structure
Company valorization
% of capital reserved for LITA.co investors
Expected exit
Price per share
Governance
Amount collected
€ 2 644 900
Financial product
Shares
Co-investors

Risks: Investing in young companies presents a significant risk of partial or total loss of the invested amount as well as a risk of illiquidity.