Series A Round Convertible Note
$6M valuation cap
5% interest-rate
10% discount
$0K raised
$1.5M target raise
In East Africa; electricity access is at 12% in Uganda; 14% in Tanzania and 18% in Kenya forcing more than 20m households to rely on dangerous kerosene lanterns for lighting. Kerosene lamps are not only causing 70% of house fires, indoor air population kills 600,000 Africans each year but also contributes to climate change. At least 270,000 tons of black carbon per year is estimated to be emitted from kerosene lamps worldwide, having a climate warming equivalent close to 240 million tons of CO2.

OneLamp deploys mobile technology, network of local retailers and an existing transport infrastructure of taxi motorcycles to end energy povery in Sub-Saharan Africa. By deploying the best of mobile payments and technology-enabled rural lastmile distribution OneLamp also enables low income offgrid households acquire solar power systems on affordable a “pay-per-use” basis, with small, incremental payments made weekly via mobile money.
We also recruit and train village retail shop owners ho...
In East Africa; electricity access is at 12% in Uganda; 14% in Tanzania and 18% in Kenya forcing more than 20m households to rely on dangerous kerosene lanterns for lighting. Kerosene lamps are not only causing 70% of house fires, indoor air population kills 600,000 Africans each year but also contributes to climate change. At least 270,000 tons of black carbon per year is estimated to be emitted from kerosene lamps worldwide, having a climate warming equivalent close to 240 million tons of CO2.

OneLamp deploys mobile technology, network of local retailers and an existing transport infrastructure of taxi motorcycles to end energy povery in Sub-Saharan Africa. By deploying the best of mobile payments and technology-enabled rural lastmile distribution OneLamp also enables low income offgrid households acquire solar power systems on affordable a “pay-per-use” basis, with small, incremental payments made weekly via mobile money.
We also recruit and train village retail shop owners how to order solar lights using sms. Todate OneLamp has a direct sales network of well-trained 465 village retailers/solar agents operating in Uganda. As we grow OneLamp will expand this network to 2500 local retailers across East Africa. Partnering with village retailers offers a faster way of gaining access to a huge offgrid client base and to control setup costs of product pickup points. By using an existing transport network of taxi matatus and taxi motorcycles OneLamp also enjoys cost savings and makes notable reductions in GHG emissions caused by rapid motorization in Sub Saharan Africa.

OneLamp envisions a world where every African household & business has access to modern clean energy. Our mission is to expand access to affordable modern clean energy solutions through innovative distribution networks and mobile payment technology at the bottom of the pyramid in Sub Saharan Africa.
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