Introduction
In the wake of growing energy demands and the urgent need for sustainable power solutions, Solektra Rwanda has emerged as a leader in providing clean, affordable solar energy to underserved communities. As an investee of the Emerging Distributor Finance Fund (EDFF), managed by SIMA Funds, Solektra has been able to expand its reach, strengthen its supply chain, and accelerate Rwanda’s transition to renewable energy.
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From Vision to Reality: How SIMA’s Investment Fueled Growth
The funding from SIMA’s EDFF came at a critical time for Solektra Rwanda, allowing the company to achieve several major milestones:
- Electrifying More Homes: The company successfully deployed over 5,500 solar home systems, bringing reliable, sustainable energy to rural and off-grid households.
- Expanding into New Markets: Solektra extended its operations beyond its original base, now serving the eastern regions of Rwanda in addition to its presence in the western part of the country.
- Revenue Growth: The financial injection allowed Solektra to scale its customer base, increasing revenue by 182% while maintaining affordability for end-users.
- Job Creation & Economic Empowerment: The investment led to the direct hiring of 5 full-time employees and a 300% increase in Solektra’s agent network, generating employment opportunities across Rwanda’s renewable energy sector.
- Environmental Impact: By replacing kerosene lamps with clean solar solutions, Solektra has helped offset 1,500 metric tons of CO₂ per year, playing a crucial role in climate action and sustainability.
A Ripple Effect: Transforming Communities with Clean Energy
The impact of Solektra Rwanda’s work extends beyond energy access. By providing affordable solar-powered appliances, the company is enabling:- Health & Education Access – Schools and healthcare facilities now have reliable electricity, improving service delivery and enhancing learning environments.
- Household Savings – Families spend less on expensive and polluting fuels, freeing up resources for education, healthcare, and business investments.
- Local Business Growth – Solektra’s expansion has strengthened local supply chains, benefiting small businesses, transporters, and installation teams.
- Women’s Empowerment – Women and girls, traditionally responsible for fuel collection, now have more time for education and income-generating activities.
Scaling Impact: Solektra’s Role in Rwanda’s Renewable Energy Future
Solektra Rwanda’s expansion under SIMA Funds’ investment has positioned the company as a key driver of Rwanda’s renewable energy transition. Its solar solutions are not just providing power; they are fueling economic development, improving livelihoods, and reducing environmental harm.
“We are truly grateful to the Government of Rwanda for creating an enabling environment that allows us to do this important work. Our partnership with the Development Bank of Rwanda (BRD), the National Utility (REG/EDCL), and the Ministry of Infrastructure (MININFRA) has been invaluable in expanding energy access and driving sustainable impact. We also extend our appreciation to our dedicated employees, whose hard work and commitment have been instrumental in the success of this initiative. It is an honor to be part of this project, and we remain committed to supporting Rwanda’s vision for sustainable development and universal energy access.
We also extend our sincere gratitude to our founder and chairman, Mr. Samba Bathily, for his unwavering support and visionary leadership, which have been instrumental in driving this initiative forward. Furthermore, we are grateful to SIMA for expediting the loan approval process and for the invaluable support provided throughout the entire process. Their commitment has played a crucial role in ensuring the success of this initiative.” – Alain Harelimana, Managing Director, Solektra Rwanda
About Solektra Rwanda
Solektra Rwanda is a leading renewable energy company dedicated to expanding access to solar home systems, solar water heaters, and off-grid power solutions across Rwanda. With a strong focus on sustainability, Solektra is driving economic growth while reducing reliance on fossil fuels. Through its innovative solutions, the company is empowering communities, creating jobs, and supporting Rwanda’s ambitious energy transition goals.
About SIMA Funds
SIMA Funds is a global impact investment firm dedicated to financing high-impact businesses that drive clean energy, financial inclusion, and sustainable development. Through initiatives like the Emerging Distributor Finance Fund (EDFF), SIMA provides critical capital to renewable energy providers, ensuring they can scale and serve communities in need. By bridging the gap between investors and mission-driven enterprises, SIMA Funds is accelerating the transition to a more equitable, sustainable, and energy-secure future.