Uganda-based renewable energy developer Sawa Energy has obtained a US$2.9 million equity infusion from ElectriFI, an EU-funded electrification initiative, to accelerate solar adoption across Uganda and Rwanda.
The investment, announced in 2025, aims to expand the company’s portfolio of solar PV and battery storage systems for commercial and industrial users who currently rely heavily on costly and polluting diesel generators.
Founded in 2021, Sawa Energy specializes in fully financed, tailor-made clean-energy solutions, offering long-term contracts ranging from 10 to 25 years at rates lower than traditional grid power.
The company also provides full operations and maintenance services to guarantee high system performance throughout the contract period, strengthening reliability for businesses.
ElectriFI’s funding channeled through its Uganda Country Window is intended to catalyze additional investment by creating a more efficient capital structure that can attract further institutional partners.
This financial boost will allow Sawa Energy to scale its clean-energy footprint, enabling more companies to cut emissions, reduce electricity costs, and enhance productivity.
Sawa Energy CEO and co-founder Samuel Kaufman said the partnership will help the company extend affordable renewable energy to more businesses across East Africa while supporting long-term sustainability.
EDFI Management Company CEO Rodrigo Madrazo added that the investment will accelerate the shift from diesel dependence to reliable solar power, yielding enduring economic and environmental benefits for the region.