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. …

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…

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…

Amitruck selected for Google’s Black Founders Fund

Frankfurt (Germany) and Nairobi (Kenya), October 2021. We are very pleased to report that our Kenyan logistics-tech start-up Amitruck has been selected for Google for Startups Program’s newly launched Black Founders Fund. The $US 3 million facility has selected 50 start-ups from across Africa to receive the equity-free funding as a part of Google’s racial…

Boreal Light GmbH Wins The Smarter E Award in The Outstanding ProjectsCategory

Frankfurt & Berlin (Germany) August, 2021. GreenTec Capital is proud to share that Boreal Light GmbH was selected as the winner of The Smarter E Award in the Outstanding Projects category. The Smarter E Award recognizes solutions and concepts that draw on renewable energy, decentralization, and digitalization to intelligently connect all aspects of energy in…

Powerstove selected as Finance Geneva Summit Growth Stage Impact Ventures Initiative finalist

Frankfurt (Germany) and Abuja (Nigeria), April 2021. GreenTec Capital is happy to report that Powerstove, was selected as a 2021 Finalist for the Finance Geneva Summit Growth Stage Impact Ventures Initiative. The UNDP’s Growth Stage Impact Ventures (GSIV) for SDGs aims to identify and showcase mature impact ventures in emerging countries with a ‘catalytic potential’…