NovoMoto is one the of the first and fast movers in the energy market of the Democratic Republic of Congo. Founded in 2015, the company is a for-profit social enterprise that distributes solar-powered electricity for offgrid communities in sub-Saharan Africa.
NovoMoto’s mission is bring clean electricity to millions of homes. In sub-Saharan Africa, there are a total of 600 million people that live without access to grid electricity. This number is expected to increase to 700 million people by 2030. These individuals use Kerosene, flashlights, and diesel to meet their lighting needs with annual expenditures of over 14 billion dollars.
NovoMoto was founded in 2015 by Mehrdad Arjmand and Aaron Olson, two graduate students at the University of Wisconsin-Madison. NovoMoto started its first pilot project in the Democratic Republic of Congo in 2017. After receiving feedback from the initial customers, NovoMoto was able to identify a product-market fit in 2019. From 2020, NovoMoto has been growing in the western part of DRC and now is looking to expand the operations across the DRC and potentially other markets in sub-Saharan Africa.