Lighting the Way for Rural Energy Access
Acumen has announced a $1 million equity investment in Kims Energy, a Somalia-based company providing affordable off-grid solar solutions to underserved communities. The investment will support Kims in scaling its operations across rural Somalia, where millions still lack access to reliable electricity. You can read more directly on Acumen.
Affordable Solar, Powered by Mobile Payments
Kims Energy uses a pay-as-you-go model that enables households and small businesses to purchase solar systems through mobile payments. This approach removes the upfront cost barrier and makes clean energy affordable for low-income families living outside the national grid.
With the new funding, Kims aims to expand into additional regions, invest in workforce growth, and strengthen its logistics and supply chain. Its solar kits provide more than just lighting—they power small appliances, improve study environments for children, and help microentrepreneurs run businesses more efficiently.
A Milestone for Clean Energy in Fragile Markets
This investment marks Acumen’s first foray into Somalia’s energy sector. Known for its work in frontier markets, Acumen supports early-stage companies that address poverty through scalable, market-based solutions. Its off-grid energy portfolio already spans several countries across Africa, South Asia, and Latin America, and this latest move deepens its commitment to building inclusive energy systems.
As Kims grows, the social and economic impact is expected to ripple through local communities—creating jobs, reducing dependence on diesel generators, and contributing to climate resilience in a region highly vulnerable to drought and energy poverty.
By focusing on long-term social returns, Acumen’s capital provides a foundation for sustainable scale. With this backing, Kims Energy is well positioned to become a national leader in clean, accessible energy