Mphahlele's energy business receives R20m cash injection

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Tumi Mphahlele is one of a handful of women entrepreneurs who are making the mark in the energy industry with innovative solutions to beat rolling blackouts brought by insufficient power generation to meet growing demands. AnElectricLady

Investment Principal at Edge Growth Shrivar Mohan said I-G3N was chosen because of the expansive growth seen in the energy sector.

Mphahlele from Ga-Rankuwa, northern of Pretoria, has a BSc chemistry degree from the University of Cape Town, a postgraduate degree in marketing and a MBA from GIBS. “The challenge as a black woman is that your credibility is never assumed, so while others proceed with the business of doing business, you have to work towards getting others unstuck in the old paradigms. But I think getting into good partnerships with people that also respect your work can help overcome this,” she said.

“The highlights in the business were two — the conclusion of the first round of funding from Secha Capital in 2020 and recently, further funding from Edgegrowth — ASISA. This type of funding is more patient and is suited to a business such as ours that is preparing for rapid grow.

 

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