South African startup Yellow, which enables low income, rural households in Malawi and Uganda to access electricity through solar home systems on a financed basis, plans to move into other verticals after raising a US$3.3 million Series A funding round.
“We want to initially expand our product offering over and above SHS – we have begun offering low voltage plasma TVs, smartphones on PayGo packages, and have ambitions to further expand this. In unison, we are expanding geographically within both countries. Expansion into different markets is a medium-term plan.”
Read more: DisruptAfrica