Creating an African Clean-Tech Unicorn: Arnergy Solar Company

The Energy Talk - Storytellers of Africa's Energy Transition

Arnergy is a renewable energy company providing solar solutions to residential and commercial customers. Combined, Arnergy has raised $12M in a Series A and bridge round and is now gearing up for a big Series B fundraiser. In this episode, we speak with the company's CFO, James Fabola Jr., about operating in a difficult market and exciting growth opportunities.

Recommended Reading

• How These 2 RE Companies Raised $10.5M : Femi Adeyemo & Chuks Umezulora
• Arnergy, which provides solar power systems to homes and businesses in Nigeria, raises $3M
• Nigerian energy startup, Arnergy, raises $9m in Series A financing

Guest Bio:

James Fabola Jr. is the Chief Financial Officer at Arnergy. He is an investment and corporate finance professional with ten (10) years of experience in fundraising, due diligence, transaction structuring, portfolio monitoring, and transaction advisory.

Before Arnergy, James worked in several investment roles with Persistent Energy, Norfund (Norway’s DFI)., Synergy Capital Managers, and Development Partners International (DPI). In these roles, he led transactions across various sectors such as manufacturing, renewable energy, e-commerce, power, consumer goods & services etc.

James has an MBA from Insead, France, and an M.Sc in Finance and Management from Cranfield School of Management, United Kingdom. He also has a Bachelor of Technology degree in Information Technology from the Bells University of Technology.

Learn more about Arnergy

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The Energy Talk is a platform dedicated to telling the energy transition story of Sub-Saharan Africa, focusing first on the perspective of Financiers, Policymakers, and Operators devoted to pushing the continent towards a sustainable energy future.

This podcast is hosted by Olubunmi Olajide and produced by Chigozie Ubah.