Femi Adeyemo, founder and chief executive officer for Arnergy, a Bill Gates-affiliated venture which provides energy solutions to residential, commercial, and industrial customers in emerging markets, starting with Nigeria.
He is an entrepreneur with a flair for disruptive innovations. He founded Arnergy in August 2013 and has successfully led the firm to become one of Nigeria’s fastest-growing renewable energy companies.
Read also: Solar loan scheme to cut power costs for Nigerians – Citihomes MD
After completing his studies, Adeyemo spent several years managing large-scale telecommunications projects. He served as the single point of contact on the rollout and managed-services operations for leading OEMs—Ericsson, Huawei, and Nokia—across Africa, South America, and Asia, taking networks from startup phases to nationwide scale.
In August 2013, Adeyemo recognised that unreliable power supply was hampering economic growth in emerging markets, which led to him founding Arnergy, a distributed utility offering rent-to-own solar solutions to residential, commercial, and industrial customers.
He provides overall strategic leadership and oversight for Arnergy. He also primarily drives the company’s technology, innovation, product development, and business development. In 2019, Femi led Arnergy to complete a $ 9 million Series A equity round with capital raised from four tier-1 global investors.
Adeyemo is skilled at deploying technical and innovative solutions with solid project management and operational excellence to achieve high availability and reliability in telecommunications and solar energy operations.
With plans to expand into Ghana, Kenya, and South Africa, Adeyemo is spearheading a pan-African growth strategy that anticipates 30 MW of additional solar deployments by 2027.
He is also exploring partnerships in pay-as-you-go financing platforms to further lower barriers to entry, leveraging mobile payment ecosystems to reach underserved customer segments.
Read also: AfDB approves $184m for Egypt to build Africa’s largest solar plant
Adeyemo holds a master’s in computer networks/information technology from the KTH Royal Institute of Technology, Stockholm. He also has a Bachelor of Technology from the Ladoke Akintola University of Technology.
