@novomoto.net
NovoMoto is a Sustainable Social Enterprise that aims to provide clean, renewable, and sustainable electricity to communities in the DRC.
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Description
NovoMoto is a brand that is on a mission to bring clean electricity to communities in sub-Saharan Africa. Founded in 2015 by Mehrdad Arjmand and Aaron Olson, NovoMoto has been working tirelessly to address the off-grid electricity problem in this region. Their goal is to make a positive impact on the lives of over 1 billion people who currently lack access to electricity.
Over the years, NovoMoto has made significant strides in their mission. They have initiated pilot projects, analyzed feedback, and have finally identified a product-market fit. In 2020, they raised funds and were able to deploy capital to gain traction in the province of Kinshasa in the Democratic Republic of Congo (DRC).
Their growth continued in 2021 as they expanded their operations to three provinces in the western part of the DRC. NovoMoto has not only focused on growth but also addressed key challenges such as customer screening, collections, default management, and customer service. This dedication to providing reliable and sustainable electricity solutions has put NovoMoto in an outstanding position within the industry.
Led by their Co-Founders, Mehrdad Arjmand and Aaron Olson, NovoMoto is driven by a passionate team that is committed to making a difference. With their clean electricity products, NovoMoto aims to improve the lives of millions in Africa who currently lack access to electricity. To learn more about NovoMoto and their impactful work, visit their website today
Company Type
Self-Owned
Company Size
2-10
Year Founded
2016
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