SolarX, a Mali-based solar company has raised series A funding led by European venture capital firm Aster’s early-stage African fund, Energy Access Ventures (EAV), which invests in and supports decentralised energy companies across sub-Saharan Africa.

SolarX focuses on West Africa, a region where electricity access remains expensive and unreliable for many commercial and industrial (C&I) businesses. This presents a significant opportunity for solar energy given the region’s vas...