Helping rural Nigeria pay for the power it now has

RanaWallet does one job. It makes it easy to pay for electricity in rural communities that get their power from a local mini-grid instead of the national grid. It serves the families who use the power and the companies who produce it.

The payment problem nobody had solved

Mini-grids are small power stations, usually solar, that supply electricity to a single rural community. They are one of the fastest ways to bring electricity to rural Nigeria, because they reach places the national grid has not reached and may not reach for many years. But producing electricity and getting paid for it are two very different problems.

In many of these rural communities, the way people pay has not kept up with the power itself. Places to buy tokens are few and far apart. Phone signal is weak. Cash is collected without proper records. So the companies running the mini-grids produce electricity they cannot fully collect payment for, and families go without power simply because buying it is too difficult or too far away.

The apps people already know were built for city customers on the national grid. They were not made for weak signal, small phones, or the way rural power companies work. So we made a clear choice: RanaWallet serves rural communities on mini-grids, and nothing else. We do not sell national-grid electricity, airtime, or general banking. Every decision we make is tested against one person: a parent in a rural community, with a small phone, who needs the lights on tonight.

One platform for both sides

The family buying power and the company selling it use the same system, so every payment is recorded the same way on both sides.

For families in rural communities

A wallet that works where the signal is weak. You buy power by typing the number on your meter, using a short code, a text message, the app or the website. You can buy for yourself or for someone else. If the signal drops, the app saves your purchase and finishes it when the signal returns. Your token is sent to you by text message, so it reaches any phone.

For power companies and investors

A clear record of every payment, from the customer's wallet to the company that supplied the power. Each company gets its own private section of RanaWallet, books that always balance, a report of how much each site has earned, and a website for its staff to run things day to day. Companies and the people who invest in them can finally see how every site is doing.

What we believe

Reach every rural community

We build for the communities that most payment apps forget: rural, far from towns, and often with weak signal. If RanaWallet does not work for someone 40 kilometres from the nearest place to buy power, with signal that comes and goes, then it does not work.

Every payment on record

Every payment should leave a clear record that anyone can check. Power companies should not lose money to cash that goes missing or payments nobody wrote down. We make collecting payment dependable, the same way, at every site.

Nothing hidden

No hidden fees. Before you pay, you see the service charge, the VAT and the total. Power companies see exactly what has been paid to them. Every naira is accounted for, before and after every purchase.

Want to know more?

Whether you live in a community on a mini-grid, run a mini-grid company, or invest in them, we would be glad to hear from you.