In Nigeria and across West Africa, unreliable electricity continues to hold back progress. Families and businesses grapple with high energy costs, erratic grid supply, and an overdependence on expensive, polluting diesel generators. These obstacles limit productivity, drive up expenses, and place entire communities at risk of long-term energy insecurity.
First Electric is tackling these challenges head-on. Based in Nigeria, the company is redefining access to renewable energy by providing affordable, technology-driven solar solutions for households, businesses, and community institutions. Its mission is simple but powerful: to expand clean, dependable power while advancing economic and climate resilience.
The company’s offerings cut across three core areas:
- Homes: Affordable pay-as-you-go solar kits that power lighting, fans, and essential appliances, improving everyday living for households.
- Businesses: Tailored solar systems and financing for small and medium enterprises (SMEs), reducing energy costs and boosting operational reliability and free solar assessment; solar equipment installation and engineering consultation.
- Communities: Solar mesh-grids and institutional partnerships that bring sustainable electricity to schools, healthcare centers, and rural hubs and also, First Electric implements cutting-edge energy as a service technology to ensure its customers receive the best long-term benefits at competitive prices.
To date, First Electric has delivered thousands of installations across Nigeria, directly impacting more than 2,000 households and businesses. By replacing diesel and bridging grid gaps, the company helps customers save on costs, strengthen productivity, and transition toward a cleaner, more sustainable energy future. Women-led homes and businesses make up a significant portion of its clients, ensuring that inclusive access to energy remains a priority.
Now, with an investment from Yemaka Technologies Limited, First Electric is poised for significant growth. The company plans to extend its services to reach over 100,000 people by 2027, scaling its footprint in underserved communities, introducing digital energy management tools, and expanding solar financing options to make clean power even more accessible.
“This investment from Yemaka Technologies Limited positions us to accelerate our mission—bringing reliable, affordable energy to more people, driving innovation, and expanding our impact across Nigeria and beyond,” said Daniel Komolafe, CEO of First Electric.
For Yemaka Technologies Limited, this partnership underscores its commitment to advancing sustainable enterprises that deliver real social and economic impact.
“First Electric embodies the type of bold, technology-driven business that can transform Africa’s energy sector. Their vision for inclusive, sustainable power perfectly aligns with our mission, and we are excited to be part of their journey.”
Chukwuemeka Ezechukwu, CEO of Yemaka Technologies Limited
By combining affordability, technology, and innovation, First Electric is doing more than supplying power—it is enabling opportunity, empowering people, and shaping a resilient renewable energy future for Nigeria and West Africa.
Lastly, this funding for First Electric was made possible by our Partnership with The Future of Energy (TFE), the operators of the Superpower Africa Fund. The Superpower Africa Fund aims to bridge investors and small, growing African businesses by addressing their cashflow challenges.
Many renewable energy companies operate a PayGo, a lease-to-own, or as-a-service model that expands market access but strains their liquidity. By analyzing their customer payment data, Superpower Africa Fund provides working capital loans based on projected receivables, enabling these businesses to convert their future payments into immediate cash without collateral requirements.