Sanari Capital Invests R87.5 Million in Energenic Holdings to Expand Energy Solutions Across Africa

Sanari Capital, a private equity firm focused on mid-market growth companies across Africa, has announced an R87.5 million (approx. USD 5 million) investment in Energenic Holdings. The Energenic group, a provider of energy generation solutions to sectors like telecommunications, tourism, and commerce, operates in over 32 African countries. The new funding is aimed at supporting Energenic’s expansion within South Africa and across the African continent.

The investment comes at a time when Africa faces significant energy infrastructure challenges, with electrification rates in many regions averaging only 30%. This has fueled a demand for reliable, alternative energy solutions, especially renewable hybrid systems that address both energy security and climate goals. Sanari’s partnership with Energenic aligns with its “3S” strategy—building Sustainable, Scalable, and Saleable businesses.

Sanari Capital’s Sihle Gumede, who led the investment, highlighted the importance of the partnership. “Energenic has been a leader in energy solutions, particularly within the diesel generator space. Now, with more than 20 years of expertise, they’re well-positioned to expand into hybrid energy solutions that provide security, efficiency, and sustainability,” said Gumede.

Energenic is Sanari Capital’s first investment in the energy sector and the fourth addition to the Sanari 3S Growth Fund. This investment aligns with Sanari’s “There is no planet B” theme, which prioritizes green solutions and sustainable practices.

James van Wyk, Founder and CEO of Energenic, expressed optimism about the partnership. “After 25 years of growth and transformation, we’re pleased to welcome Sanari Capital as a strategic partner. Our team, from engineers on remote sites to those on the ground, is eager to drive forward with Sanari’s support to meet Africa’s evolving energy needs,” said van Wyk.

With this partnership, Energenic aims to broaden its footprint and meet the continent’s growing demand for alternative energy solutions, supporting businesses in tackling issues of grid reliability, cost, and environmental impact.