Wetility, A2Pay partner to provide affordable solar solutions for spaza shops

In response to the impacts of frequent power outages on small businesses in underserved communities, particularly small and microenterprises such as spaza shops, an innovative partnership between Wetility, a local renewable energy fintech company specialising in solar-as-a-service solutions, and A2Pay, a fintech company focused on empowering informal retailers, aims to make sustainable energy independence and financial resilience a reality for these small but crucial businesses. Wetility and A2Pay explain that spaza shops offer essential goods and services to their communities where formal retail outlets are scarce, contributing about R150-billion a year, or 5.2% of South Africa's gross domestic product (GDP), and employ about 2.6-million people.