What Konexa does

Konexa is a London-headquartered energy infrastructure company (legal entity "Energy Company of the Future Ltd") that develops and operates integrated utility assets across Africa, with operational headquarters in Abuja, Nigeria. The company pursues a platform-plus-modules architecture anchored on a proprietary integrated utility systems stack that harmonizes grid, off-grid, and embedded generation operations. Service modules include intelligent network planning, technical loss reduction, commercial loss reduction via next-generation metering, complementary embedded generation, and off-grid electrification through mini-grids and solar home systems. Konexa partners with incumbent Nigerian distribution utilities Kaduna Electric and KEDCO to access their customer networks, supplies 100% reliable power to commercial and industrial customers such as Nigerian Breweries and Heineken under long-term agreements, and operates a direct-to-consumer off-grid arm for rural and underserved populations. In March 2024, Konexa co-invested with Climate Fund Managers and Microsoft in an $18 million round to launch Nigeria's first private renewable energy trading platform, opening a marketplace revenue stream on top of its physical energy supply business. Revenue is generated through a mix of managed services (utility partnerships, C&I power supply), hardware and energy sales (off-grid), and marketplace commissions (renewable energy trading), with project-based pricing negotiated per PPA.

Name

Konexa

Legal name

Energy Company of the Future Ltd

Website

https://konexa.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Konexa is a UK-domiciled, Africa-focused integrated utility that develops and operates grid, off-grid, and embedded generation assets, serving Nigerian distribution utilities, large commercial and industrial customers (Nigerian Breweries, Heineken), and rural off-grid households via mini-grids and solar home systems.

Ownership category

akta.pro rank

Product category

Integrated Energy Utility Services

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)

akta.pro secondary industries

Microgrid Development, EPC & Integration (EUAMAJAB), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Integrated utility services
• Renewable energy distribution
• Off-grid electrification Africa
• Commercial industrial power
• Energy infrastructure Nigeria

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity sales to Commercial & Industrial customers: 100% reliable power provision to commercial and industrial customers with load sensitive operations, including first client Nigerian Breweries and renewable energy deals for Heineken. Revenue is generated via long-term offtake/Power Purchase Agreements typical of distributed utility models.
2. Off-grid energy sales (Mini-grids & Solar Home Systems): Direct electricity sales and hardware (solar home systems) revenue generated from rural and underserved customers via off-grid technologies. Combines hardware sales with recurring energy service fees.
3. Utility partnership revenue (distribution services): Revenue share / loss-reduction economics with partner distribution utilities (Kaduna Electric, KEDCO) where Konexa contributes capital, technology and operational upgrades in exchange for returns on recovered energy and improved collections.
4. Renewable energy trading platform: Co-invested with Climate Fund Managers and Microsoft to launch Nigeria's first private renewable energy trading platform, implying transaction-based / marketplace revenue on energy traded.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Konexa operates an integrated utility platform that delivers reliable electricity to commercial and industrial customers through partnerships with incumbent Nigerian distribution utilities (Kaduna Electric, KEDCO), complementary embedded generation, and off-grid electrification via mini-grids and solar home systems. The company also co-launched Nigeria's first private renewable energy trading platform, monetizing renewable energy transactions across generators and offtakers.

Product overview

Konexa is an integrated utility operating a platform-plus-modules architecture for energy provision across Africa. The Proprietary Technology Platform sits at the core, harmonizing operations across grid and off-grid power assets, while distinct service modules — Intelligent Network Planning, Technical Loss Reduction, Commercial Loss Reduction (next-generation metering), Complementary Generation (embedded generation assets), and the off-grid offerings Mini Grids and Solar Home Systems — are deployed together to deliver reliable power to rural, commercial, and industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial & Industrial Power Supply Long-term Power Purchase Agreement-based supply of 100% reliable renewable and grid-supplemented electricity to large commercial and industrial customers with load-sensitive operations. Anchor clients include Nigerian Breweries and Heineken.
• Mini Grids Off-grid mini-grid electrification deployments providing first-time electricity access to rural populations and small businesses lacking grid connectivity in Nigeria.
• Solar Home Systems Distributed solar home system hardware and energy service for rural households and small businesses in underserved Nigerian communities.
• Private Renewable Energy Trading Platform Nigeria's first private renewable energy trading platform, enabling transaction-based trading of renewable energy between generators and offtakers, launched in partnership with Climate Fund Managers and Microsoft.
• Utility Distribution Partnership Services Capital, technology, embedded generation, and operational upgrades provided to incumbent electricity distribution utilities such as Kaduna Electric and KEDCO in exchange for revenue share on recovered energy and improved collections.

Quantifiable outcome

• $18 million in funding raised to launch Nigeria's first private renewable energy trading platform
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered flagship, core and minor.

• HeinekenflagshipStrategic or Co-development Partner · 1 January 2026Konexa secured renewable energy deals for Heineken, extending its commercial & industrial clean power supply relationship beyond the initial Nigerian Breweries (Heineken subsidiary) engagement.
• Nigerian BreweriesflagshipStrategic or Co-development Partner · 1 March 2024Nigerian Breweries is Konexa's first client for commercial & industrial renewable power supply. The relationship is anchor-level and signals Konexa's ability to serve load-sensitive brewing operations with reliable 24/7 power.
• Kaduna ElectriccoreChannel Partner/ Reseller/ DistributorIncumbent Nigerian electricity distribution utility partner listed on Konexa's homepage. Kaduna Electric's network provides the distribution backbone for Konexa's integrated utility model in Kaduna state.
• Kano Electricity Distribution Company (KEDCO)coreChannel Partner/ Reseller/ DistributorIncumbent Nigerian electricity distribution utility partner listed on Konexa's homepage. KEDCO's network supports Konexa's integrated utility distribution model in Kano and surrounding areas.
• USAID Power AfricaminorStrategic or Co-development PartnerUSAID Power Africa is listed as a partner on Konexa's homepage, signaling alignment with US government-backed African power sector initiatives.
• USAIDminorStrategic or Co-development PartnerUSAID is listed as a partner on Konexa's homepage, indicating alignment with US government development and power sector programming in Africa.
• Power for AllminorGTM or Marketing PartnerPower for All is listed as a partner on Konexa's homepage, indicating alignment with decentralized renewable energy advocacy and ecosystem-level marketing/awareness collaboration.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• PowerGen Renewable Energy: PowerGen builds, owns, and operates solar mini-grids across East Africa serving commercial, industrial, and residential customers. It is a direct competitor to Konexa's off-grid and C&I energy access business in Africa, sharing the integrated mini-grid-plus-C&I-supply model.
• M-KOPA: M-KOPA is a leading pay-as-you-go solar home system provider across East and West Africa. It directly competes with Konexa's Solar Home Systems off-grid arm serving rural and underserved customers.
• Zola Electric: Zola Electric (formerly Zola Intelligence) provides solar-plus-battery mini-grid and home systems across sub-Saharan Africa. It competes directly with Konexa's off-grid and C&I power offerings across multiple African markets.
• BBOXX: BBOXX is a global pay-as-you-go solar home system provider with operations across Africa. It is a direct peer to Konexa's off-grid solar home systems business in the African energy access space.
• d.light: d.light designs, manufactures, and finances solar-powered products for off-grid households and small businesses across Africa and Asia. It directly competes with Konexa's off-grid solar home systems offering.
• Husk Power Systems: Husk Power Systems develops and operates solar-hybrid mini-grids for rural communities and businesses across Nigeria and other African countries. It directly competes with Konexa's Nigerian mini-grid and C&I energy business.
• Daystar Power: Daystar Power delivers solar power solutions to commercial and industrial businesses across West Africa, including Nigeria. It is a direct competitor to Konexa's C&I clean power supply business.
• Arnergy: Arnergy provides distributed solar power solutions to businesses and homes in Nigeria, with a focus on C&I clients. It directly competes with Konexa's C&I and embedded generation offerings in the Nigerian market.

Broad incumbents

• ENGIE Energy Access: ENGIE Energy Access is the off-grid and mini-grid arm of global utility ENGIE, operating across Africa. It is a broad incumbent in the same integrated energy access space as Konexa, with deeper capital and a wider geographic footprint.

Regional players

• Lumos (now part of SolarArise Africa): Lumos provided solar home systems across West Africa including Nigeria, and SolarArise Africa develops solar and C&I power across the region. They are regional players comparable to Konexa's Nigerian off-grid and C&I business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KonexaEnergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Konexa