Nairobi-based start-up PayGo Energy has developed a proprietary smart meter for LPG cylinders — an internet-of-things (IoT) device that allows consumers to pay for their LPG by the gram using their mobile phone, while distributors monitor consumption and replace the cylinder before it runs out.
The firm has also developed its “Tag and Trace” software platform that allows suppliers to better manage their cylinder distribution. The company is mainly targeting emerging LPG markets in developing countries, where the cost of a cylinder remains a significant obstacle. It reached 400 customers through a pilot in Kenya in 2018, and supplied 2,000 meters this year, with another 3,000 due for delivery in first-quarter 2021.
Read more: Argusmedia