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Amitruck secures pre-seed funding for East African growth

Frankfurt (Germany) and Nairobi (Kenya), February 2021. GreenTec is pleased to report that Amitruck has announced significant undisclosed, pre-seed investments from two US based investment firms, Dynamo Ventures and Plug and Play Ventures, as well as from several other angel investors. Amitruck, founded in Nairobi, Kenya in 2018, has continued to grow very quickly showing…

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Opportunities to join Amitruck Solylend campaign and make an impact!

Frankfurt (Germany) and Nairobi (Kenya), February 2021. Amitruck is currently running a crowdlending campaign on Solylend, the France-based crowdlending platform, and they are well on their way. In fact, the campaign will run for several more days providing enough time for more investors to jump onboard. So far, almost 300 individuals have already invested over…

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Case Study (B2B): How Pricepally helps organizations save on food costs in Nigeria. 

Frankfurt (Germany) and Lagos (Nigeria), January 2020. We have previously written about how Pricepally helps Nigerians to mitigate the highly volatile prices of food staples and produce. Here we present a case study on how Pricepally’s features are designed to fullfil B2B as well as B2C roles. This volatility also impacts organizations and businesses operating…

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Amitruck partners with Eneza Education for impact in Kenya

Frankfurt (Germany) and Nairobi  (Kenya), November 2020. GreenTec Capital is very proud to share that our Kenyan logistics portfolio company Amitruck has parterned with Eneza Education  to expand access to education for Amitruck drivers’ families. Eneza is an innovative Kenyan education technology company that provides learning and revision materials via any phone however basic. Eneza is…

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Powerstove opens new production facility in Kuje District, Nigeria

Frankfurt (Germany) and Abuja (Nigeria), October 2020. GreenTec is happy to report that Powerstove has opened a new production facility in the Kuje district in Abuja. The new facility will have a monthly production capacity of 25,000 units and expand the company’s market reach in Nigeria and Sub-Saharan Africa. The new factory and increased production…

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Coliba launches container-based collection kiosk in Cote D’Ivoire

Frankfurt (Germany) and Abidjan (Cote D’Ivoire), October 2020. GreenTec is very pleased to report that our Cote D’Ivoire-based portfolio company Coliba has deployed their first plastic collection kiosk in Abidjan. The container-based plastic collection point expands on the company’s current model of collection with agents. Coliba applies circular economy principles to the collection and recycling…

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