Startups and Upscaling
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…
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…
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…
Boreal Light closes USD $7.5 Million Investment Round.
Frankfurt and Berlin (Germany), January 2021. GreenTec Capital Partners is very happy to report that Boreal Light GmbH has successfully closed an Investment round raising USD $7,500,000. The investment was made in partnership with a US based family office affiliate, represented by Mr. Lane Pitcairn Pendleton, specialized in global wealth management investments. Boreal Light’s co-founders…
Freshbag completes successful One Woman Business Initiative Campaign
Frankfurt (Germany) and Yaounde (Cameroon), December 2020. We are very pleased to learn that our Cameroon-based portfolio company Freshbag has successfully started their One Woman Business Initiative (OWBI) campaign. The campaign was launched with the support of local authorities and women’s association leaders to help Cameroonian women launch businesses in the Cameroonian food supply chain….
Case Study: How Pricepally helps individuals and organizations save on food costs in Nigeria.
Frankfurt (Germany) and Lagos (Nigeria), December 2020. Africa’s rapidly expanding population and high rate of urbanization are among the factors contributing to a dramatic reorganization of the continent’s food and agri-systems. These and other factors combine to make urban African food prices among the highest in the world. For example, according to the World Food…