Shequity Invests in Ecodudu

Ecodudu Team banner

Frankfurt (Germany) and Nairobi (Kenya), October 2020. We are delighted to report that Ecodudu has been selected for an investment from ShEquity. This will be the third investment from ShEquity, which focuses on supporting innovative women-led African ventures.

Shequity logo

ShEquity selected Ecodudu for the company’s innovative approach to alternative protein and fertilizer production leveraging on data analytics and principles of circular economy. Ecodudu is a good fit for ShEquity’s investment criteria as a woman-led African venture with high scalability potential. Their proprietary approach to harnessing the Black Soldier Fly in the production of insect-based protein for animal feeds and organic fertilizers puts them in a class of their own in the African alternative protein market and ensures a choice position in several emerging value chains. Additionally, being a GreenTec Capital investee and benefiting from our venture building, served to de-risk the company in line with ShEquity’s investment criteria. We believe that the complementary combined support from GreenTec Capital and ShEquity will help Ecodudu to continue to grow and scale, while providing access to a larger ecosystem of potential partners, investors, and opportunities.

GreenTec is proud to see Ecodudu secure this investment as a validation of both our own venture building processes and the excellent hard work of co-founders Starlin Farah and Adan Mohammed and their team in bringing the venture to life.


Other Posts

Ecodudu begins construction on 8-acre rearing facility.

Frankfurt (Germany) and Nairobi (Kenya), February 2021. GreenTec Capital is very pleased to report that Ecodudu will begin construction on an 8-acre rearing facility that will allow the innovative Kenyan waste-to-value company to significantly increase production of their fertilizer and feed products. The new facility will be located approximately 75 kilometers outside of Nairobi on…

read more

Boreal Light begins expansion into South Asia

Frankfurt and Berlin (Germany), February 2021. GreenTec Capital is very pleased to report that Boreal Light GmbH has begun their expansion beyond the African continent with projects initiated in Indonesia and the Philippines. Earlier this month, five container-based water desalination units were loaded onto a cargo ship headed for Manilla. The company’s Asian expansion follows…

read more

AgroCenta Raises US$ 790K in working capital and development funding

Frankfurt (Germany) and Accra (Ghana), February 2021. GreenTec Capital is very pleased to report that AgroCenta has successfully raised US$ 790,000 in funding. The funding will be used to scale the Agri-Tech ecosystem in Ghana and for working capital to secure crop purchases from small-holder farmers. The funding was raised from a consortium of development actors…

read more