Enugu, Nigeria & Dubai, UAE - 22 Sep 2025

NetPoints limited and FasterCapital today announced a strategic partnership under FasterCapital’s EquityPilot program to accelerate deployment of pay-as-you-go solar and ICT solutions across Nigeria and neighboring African markets. The collaboration pairs NetPoints’ decentralized energy + connectivity platform with FasterCapital’s capital, mentorship, and go-to-market resources to scale access to reliable power and internet for underserved communities.

Market opportunity & problem statement
Africa continues to face acute information and energy poverty: hundreds of millions remain offline and without reliable electricity, constraining education, healthcare, and economic growth. Rapid mobile and off-grid solar adoption signals a multi‑billion dollar white space for bundled energy + ICT services. Fragmented distribution, limited local manufacturing, and financing gaps leave rural and peri-urban customers underserved — an opening for integrated PAYG providers that can deliver hardware, software, and financing under one platform.

Startup solution & differentiation
NetPoints designs, manufactures, distributes and finances decentralized solar mini-grids, solar home systems, industrial panel PCs and ICT kiosks bundled with connectivity and digital services. Its pay‑as‑you‑go platform (USSD + Angaza-integrated billing) enables low upfront deposits and monthly micro-payments, improving affordability and repayment performance. NetPoints reports deployment traction across Enugu State with 35,000 beneficiaries and multiple institutional microgrid and ICT projects. Vertical integration (hardware + software + local route operators) and a local-servicing model create defensible channel economics and quicker customer onboarding versus asset-finance-only competitors.

FasterCapital partnership value
Under EquityPilot, FasterCapital will provide seed capital, technical mentorship, product-market fit support, marketing resources, and introductions to investor networks. FasterCapital’s selective screening and global acceleration infrastructure will help NetPoints tighten unit economics, scale inventory and logistics, and ready the company for follow-on funding. The parties expect measurable scale-up within 12–24 months: expanded warehouse capacity, 2–3 new regional service hubs, and a significant increase in deployed PAYG units.

Executive quotes
“Hesham Zreik: “FasterCapital invests where strong founding teams solve large, underserved markets with scalable tech and repeatable unit economics. NetPoints’ integrated energy + ICT model meets these criteria — we’re accelerating their roadmap to regional scale through EquityPilot’s capital and operational playbook.”

Uchechi Chuta, CEO of NetPoints: “This partnership validates our mission to end energy and information poverty locally. FasterCapital’s resources will let us expand inventory, strengthen our PAYG platform, and reach thousands more homes, schools and clinics with clean power and connectivity.”

Growth trajectory & near-term plans
Over the next 12 months NetPoints will use EquityPilot support to stock a regional warehouse, hire additional route operators and field technicians, launch two pilot mini-grids and scale SHS/ICT bundles. The company aims to double active units and secure a Series A introduction within 18–24 months to fund broader West African expansion.

About NetPoints Limited
NetPoints Limited is a Nigerian decentralized energy and ICT company focused on delivering affordable solar power, internet connectivity and digital services to rural and peri‑urban communities. Founded by engineers with deep local experience, NetPoints combines hardware design, PAYG financing and on-the-ground service teams to drive social and economic impact.

About FasterCapital 
FasterCapital is a global startup accelerator and investment firm that provides capital, mentoring, and technical resources to early-stage technology companies. Its EquityPilot program supports scalable startups through product refinement, market entry, and investor readiness. FasterCapital has a track record of accelerating startups across cleantech, fintech and ICT sectors.