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South African Prepaid Startup WiSolar Plans Initial Fund Raise

  • Company to partner with property developers on solar power
  • WiSolar installed 9 megawatts of power, enough for 3,000 homes

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WiSolar, a South African startup that sells solar power on a prepaid basis, plans to raise 45 million rand ($2.9 million) this quarter in its first funding round as it gears up for growth.