Nearly 620 million people in sub-Saharan Africa lack electricity access. Improving access to affordable and reliable energy is critical to reducing poverty and improving quality of life (IEA 2011). To improve energy access, it is important to develop financing and payment schemes that fit consumer energy budgets. “Pay-as-you-go” (PAYG) business models harness technology to provide a “one-stop-shop” solution for consumer finance and energy products. The PAYG model originated in Kenya and addresses the key challenges of extending end-user finance and collecting payments from remote customers who often have erratic and limited cash flow. PAYG companies, at this point, typically provide basic lighting and mobile phone charging services. The technology can play an important role in expanding access to electricity services to remote and low-income populations.
Azuri Technologies is a leading commercial provider of pay-as-you-go solar energy and digital services in East Africa. We are featured in the World Resources Institute for our impact in terms of installations in the region.