PricePally wins First Prize at the SA Innovation Summit Africa Cup.

SAIS banner

Frankfurt (Germany) and Capetown (South Africa). GreenTec is very happy to report that PricePally has been awarded first prize at the 2020 Africa Cup competition at the South Africa Innovation Summit. The Africa Cup is a center-stage competition providing start-ups and early-stage companies in all tech-enabled sectors from around the world the opportunity compete and showcase their solutions to a global audience. Our Nigerian portfolio company PricePally beat out 11 other start-ups to take home the top prize.

The Africa Cup’s goal is to promote and develop the entrepreneurial creativity of start-ups who are disrupting the traditional ways of doing business. Due to the on-going pandemic the summit and Africa Cup competition were held virtually. PricePally was awarded the top prize by a panel of industry leaders and Africa experts. The Nigerian company secured 1st prize with the uniquely implemented buying culture of the PricePally platform, where people can buy food in bulk or share bulk purchases directly sourced from farmers and wholesalers. The prize includes access to training, services, and investor matching.

GreenTec is proud to see its investee portfolio company performing well at international competitions, which further testifies to innovative nature of the company’s solution and the team’s capability in delivering the business model. The win at the Africa cup is just the latest success for the Lagos-based company, following on the recent deployment of major updates to the PricePally app for Android and iOS devices.


Other Posts

PowerStove Wins US $100,000 in AllOn/USADF Off-Grid Energy Challenge

Frankfurt (Germany) and Abuja (Nigeria), January, 2022.  GreenTec is very pleased to share that PowerStove, its Nigeria-based cleantech portfolio company, is among 13 lucky African start-ups to win US $100,000 in an off-grid, energy challenge.   The annual challenge was hosted and founded by the United States African Development Foundation (USADF) in partnership with All On. …

read more

GreenTec CEO Erick Yong and investee Powerstove attend the SDG Finance Geneva Summit

Geneva (Switzerland) and Frankfurt (Germany),  December, 2021.  GreenTec Capital is pleased to share that its CEO & Co-Founder, Erick Yong, participated in a panel discussion as part of the SDG Finance Geneva Summit.  The event was organised by the UNDP Geneva and focused on SDG financing in developing countries.  GreenTec portfolio company Powerstove also attended for…

read more

Powerstove selected as USADF inaugural ARIE grant awardee

Frankfurt (Germany) and Abuja (Nigeria), November 2021. GreenTec Capital is pleased to report that Powerstove was selected as one of the inaugural recipients of a grant for the Africa Resilience Initiative for Entrepreneurs (ARIE). Powerstove CEO Okey Esse joined 24 other grantees in being recognised by the program intended to provide funding and technical assistance…

read more