Kipay is a DRC-based firm dedicated to solving a major problem in the DRC: a shortage of electricity production. With a current deficit of over 2,500 MW in the entire country, Kipay seeks to utilize hydro power, a sustainably generated source of energy which is low-cost and low-maintenance, as the conduit to meet electricity demand in the DR Congo.
To be an Independent Power Producer in the Democratic Republic of Congo focused solely on renewable energy, including but not limited to hydropower and solar power.
Envisioned and led by a native Congolese entrepreneur, Kipay will use energy as the catalyst for the development of socio-economic activities and will provide unserved users in the region with favourable pricing terms, reliably and with minimal impact to the environment. This availability will undoubtedly encourage the development and improvement of current infrastructure and will mark a new chapter of fluid growth in the region.
Kipay Investments was founded in 2015 and is run by Congolese businessmen who have built their careers on delivering profitable projects that have benefited their countrymen. Kipay has real local knowledge, and as a company, it goes out of their way to cultivate it, which ensures that it is better placed to assess and to mitigate the challenges that they encounter. Eric Monga and Yamandou Alexander bring to Kipay a wealth of expertise in structuring and delivering the kinds of infrastructure projects that require patient long-term investment.
A key concept for KIPAY is to develop the sector and its talents. This will ensure that the DRC builds and maintains the capacity to sustain its hydropower projects for generations to come. KIPAY believes that capacity building and investments in human capital is a key to success and development of the energy sector. Capacity building can have a big impact on the business climate in the entire country, investing in human capital in all levels of the organisation is the key and will have a butterfly effect.