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The funding will support NoorNation’s expansion and scale its innovative solutions for decentralized energy and water infrastructure.
Founded in 2021 by Ragy Ramadan, NoorNation specializes in providing technology-enabled solutions to off-grid communities in Egypt and Sub-Saharan Africa.
The company’s flagship product, LifeBox, offers clean energy and safe water at affordable prices to rural areas, farms, and tourism businesses.
LifeBox, a solar-powered, self-contained unit, is designed and manufactured in Egypt.
It directly contributes to industrial localization and sustainability governance while providing peace of mind to customers by addressing their social, financial, and environmental needs.
The investment from KBW Ventures marks a significant milestone for NoorNation.
Prince Khaled expressed his immediate recognition of NoorNation’s potential during its pitch at the PepsiCo Greenhouse Accelerator Program.
He highlighted the company’s alignment with KBW Ventures’ focus on climate technology and its potential to make a positive impact.
“This is the first Egyptian startup we’ve invested in,” Prince Khaled stated, emphasizing his belief in Egypt’s sustainability and energy potential. “NoorNation’s pitch convinced me of their ability to deliver tangible solutions.”
With the new funding, NoorNation is poised to expand its reach and accelerate its mission of providing sustainable energy and water solutions to underserved communities.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

DEG, Germany’s development finance institution, has agreed to provide a €30 million loan to the Africa Go Green Fund (AGG), a debt fund managed by Cygnum Capital, to support the expansion of climate-oriented businesses across the African continent.

UK-based technology company MOPO, known for its innovative pay-per-use battery rental solutions, has secured significant funding from British International Investment (BII), the UK’s development finance institution and impact investor.

REasy, a trade finance startup based in Cameroon, has raised $1.8 million in pre-seed funding to make it easier for small and mid-sized businesses in Africa to pay international suppliers.