Zimbabwé

NeedEnergy is a Zimbabwean company that positions itself as a virtual power plant operator. To achieve this, NeedEnergy is deploying smart meters connected to its Memeza.ai platform. The platform monitors production, demand and prices for each decentralised energy source in real time, while anticipating market fluctuations.  

The entrepreneur

NeedEnergy was founded in 2019 by Leroy Nyangani, a young Zimbabwean entrepreneur with entrepreneurial experience in the delivery/restaurant sector.

Partnership with I&P and Gaia Impact

NeedEnergy is supported by I&P Digital Energy, a €4.8 million program to finance and support a dozen start-ups and SMEs in sub-Saharan Africa offering digital solutions for access to affordable energy, backed by the Agence Française de Développement and the European Union. In Zimbabwe, this programme is being implemented by Gaia Impact.

This partnership will enable the start-up to :

• Finance the purchase of smart meters to develop its operations, meet strong customer demand, and provide essential data to drive its Memeza.ai intelligent platform
• Improving its software to refine its assumptions, particularly on electricity trading and demand forecasts 
• Strengthen its team, mainly on the digital dimension of its solution, but also on the commercial side.