WeLight, which operates more solar mini-grids in Africa than any other company, is planning a $650-million expansion to grow the number of people it serves 10-fold as its expands into countries with the two largest power-access deficits in the world. The company, founded in 2018, is seeking to expand into Nigeria and the Democratic Republic of Congo, said Romain de Villeneuve, WeLight’s CEO. It already operates in Madagascar and Mali and is seeking a fifth country to expand to.

WeLight, which operates more solar mini-grids in Africa than any other company, is planning a $650m expansion to grow the number...

Africa’s largest solar mini-grid operator WeLight will invest $650 million to expand into Nigeria and the DRC as it targets one million electricity connections by 2030