GreenTec Capital invests into Zambia’s WidEnergy Africa LTD.

Frankfurt (Germany) and Lusaka (Zambia), June 2019. GreenTec is very pleased to announce our investment into Zambia-based Wid Energy. Wid Energy woman-led business dedicated to women’s empowerment and expanding affordable energy access. The company leverages an innovative PAYGO model to provide solar powered homes and appliances.

Wid Energy focuses on expanding access to affordable energy access through the innovative application of the PAYGO (pay-as-you-go) model, which has a low penetration rate in Southern Africa providing a large market opportunity. The company’s name is an acronym for “Women’s Initiative for Delivering Clean Energy,” and works with more than 80 women sales agents. The company focuses on core competencies in lending and distribution, to develop a high-quality lending portfolio with minimized default risks. The company has developed a partnerships to be the Zambian distributor for d.light, Greenlight Planet, and Little Sun solar home systems and products. The company has already connect more than 250 households in 2019 and the female-led team expects to connect more than 1250 households by July, 2019. The company is actively working on developing its approach and model and completed the integration of MTN backed mobile money payments into its platform, greatly facilitating user payments.

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GreenTec invests into Nigeria’s Save N Flex

Lagos (Nigeria) and Frankfurt (Germany) September 2019. GreenTec is happy to announce our investment into Nigeria’s Save N Flex. Save N Flex is an innovative employee benefits platform targeting Nigeria’s 25,000 corporates and their more than 5 million employees. The platform leverages an innovative approach to help corporates effectively scale their employee benefits programs while…

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GreenTec Invests into the Nomad Group, an impactful Namibian wellness brand.

Windhoek (Namibia) and Frankfurt (Germany), August 2019. GreenTec is very pleased to announce our investment into the Windhoek-based Nomad Group, operators of the Nomad Spa and Spa Academy in Namibia’s capital city. Nomad employs an impactful training and recruitment program, training women with disabilities and from disadvantaged backgrounds to become wellness attendants and gain sustainable…

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Boreal Light launches new WaterKiosk system in Burani Village, in Kwale County, Kenya.

Burani (Kenya) and Frankfurt (Germany), August 2019. GreenTec is very pleased to report that Boreal Light GmbH has recently launched another WaterKiosk-based water desalination project in Burani Village, Kwale County, Kenya. The kiosk was launched in partnership with atmosfair gGmbH and utilizes the latest version of the Winture® solar water desalination system using new LANXESS membranes….

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