From Harvard Business School to Rural Africa: Nicole Poindexter’s Journey to Advance Clean Energy Access
Release Date: 01/01/2025
Business for Good Podcast
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info_outlineIn this episode we’re taking you on a journey to some of the most remote corners of West Africa, where energy access is scarce, and innovation is changing lives.
Our guest is Nicole Poindexter, the founder and CEO of Energicity, a company that's bringing clean, reliable solar power to off-grid communities in countries like Sierra Leone, Benin, and Liberia. Nicole and her team are doing something extraordinary: building solar mini-grids that provide electricity to tens of thousands of people who otherwise rely on polluting and expensive energy sources—or have no power at all. And, impressively, Energicity is doing all of this while making a profit, already being an EBITDA-positive company.
In our conversation, Nicole shares how she transitioned from a background in finance—after an Ivy League education—to founding Energicity in 2015, driven by her vision to end energy poverty. We dive into how solar mini-grids are more than just a source of light—they’re catalysts for economic growth, education, and health improvements in communities that have often been ignored. Nicole also talks candidly about the challenges of working in rural Africa, from financing to infrastructure to cultural dynamics, and how she tackles these head-on.
One part of this conversation that resonated with me and I think will with a lot of founders is when Nicole says she takes to heart the saying: “Those who know how work for those who know why.” So many people see a problem, and because they don’t know how to solve it, they don’t act. Nicole makes it clear that if you surround yourself with smart people of whom you can ask many questions, combining those who know how with those who know why can really lead to transformational results.
So, if you’re ready to get inspired by a trailblazer who’s proving that business can indeed be a force for good, stay tuned for this enlightening conversation with Nicole Poindexter.
Discussed in this episode
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Nicole was employed at Opower when it IPOed.
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TechCrunch on Energicity’s work.
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Energicity has raised $10 million so far, and is seeking to raise another $30 million.
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Nicole recommends reading Atomic Habits and Dare to Lead.
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She also recommends checking out Entrepreneurs for Impact.
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Our past episode with African clean energy startup I-G3N.
More about Nicole Poindexter
From starting her career as investment banker, Nicole Poindexter has had a variety of leadership roles in finance, government, and business. Prior to her founding Energicity Corp, she was an early employee at OPower prior to its successful IPO and subsequent sale to Oracle, founding and growing the business development team. In that role, she brought together the skills of an operator and software product development with sensitivity to energy customer needs delivering USD 10’s of millions in revenue for the company. She was inspired to start Energicity Corp both due to her deep seated commitment to developing renewable sources of energy and also her passionate desire to create economic opportunity for some of the world’s poorest people through energy access.