South African private equity firm Sanari Capital has announced a significant R87.5 million (approximately $5 million) investment in Energenic Holdings, a leading provider of energy generation products and solutions operating in over 32 African countries.
The funds will support Energenic’s expansion within South Africa and across the continent. It will focus on scaling its operations to meet growing energy demands.
Energenic specializes in delivering cost-effective and reliable energy solutions tailored to key sectors such as telecommunications, tourism, and commerce.
The company’s efforts are particularly timely, as Africa faces ongoing infrastructure challenges in the energy sector.
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems that address both energy access and environmental sustainability.
Sihle Gumede, a partner at Sanari Capital and leader of the investment, emphasized Energenic’s role in driving innovation.
“We are thrilled to partner with the management team at Energenic as we embark on an exciting journey to expand and scale the business across the African continent,” said Gumede.
“For decades, Energenic has pioneered energy solutions within the diesel generator space. Now, with over 20 years of expertise and a spirit of innovation, the focus is shifting to hybrid solutions that provide energy security, affordability, and environmental sustainability.”
This investment marks Sanari Capital’s first entry into the energy sector and positions Energenic as the fourth portfolio company within the Sanari 3S Growth Fund.
James van Wyk, founder and CEO of Energenic, welcomed the partnership with enthusiasm.
“Having seen Energenic and our principal brand, Generator Logic, through several transformations over the past 25 years, I am pleased to welcome Sanari Capital as partners. Our dedicated team, from steel fabricators to engineers working in remote locations across Africa, shares a commitment to innovation and excellence,” he said.
Van Wyk highlighted the alignment between Energenic’s vision and Sanari’s strategic expertise.
“We have been on a journey to find an investor that understands our vision and is willing to help us grow strategically during this changing time. Sanari’s track record in scaling companies in a technologically driven world makes them the ideal partner for our next phase of growth.”
Energenic’s expansion comes as the demand for hybrid energy solutions continues to rise, driven by the need for more reliable, affordable, and sustainable energy across the continent.
With Sanari Capital’s support, the company aims to solidify its position as a key player in addressing Africa’s energy challenges.
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