Energenic Lands $5M Investment to Expand African Energy Solutions

James van Wyk, Energenic CEO & Founder

Energenic Holdings, a prominent provider of energy solutions in 32 African nations, has secured a R87.5 million (approximately $5 million) investment from South African private equity firm Sanari Capital. This strategic partnership aims to enhance Energenic’s reach in supplying reliable and cost-effective power to essential sectors like telecommunications, tourism, and commerce.

Founded by James van Wyk over 25 years ago, Energenic Holdings began by offering diesel generator solutions tailored to the needs of African industries. Today, the company has evolved to incorporate hybrid and alternative energy systems, meeting the rising demand for sustainable and dependable energy in underserved areas.

The company’s work is critical amid Africa’s infrastructure and electricity access challenges, where electrification rates remain around 30% in many regions. Energenic’s hybrid solutions provide an essential alternative, addressing power needs that balance affordability and environmental sustainability.

Sanari Capital’s Partner Sihle Gumede, who led the investment, voiced enthusiasm for this venture. “Energenic’s expertise and pioneering spirit in diesel energy solutions make them ideal partners as we move toward broader alternative energy options,” Gumede stated. “In today’s market, hybrid energy solutions offer essential energy security, usage management, and efficiency for businesses facing grid limitations, costs, and sustainability concerns.”

This investment marks Sanari’s debut in the energy sector, positioning Energenic as the latest addition to its 3S Growth Fund portfolio, aligned with Sanari’s mission to support scalable, impactful solutions to Africa’s pressing infrastructure and energy challenges.

Source: Innovation Village