Finance and Funding

GreenTec’s Andrew Gwadiva speaks at Africa Tea Week

Frankfurt (Germany) and Nairobi (Kenya), May 2021. GreenTec Capital’s Vice President of Growth, Andrew Gwadiva participated in Africa Tea Week this past May by joining a panel hosted by Trastea titled ‘Tea and Fair Trade.’ Appropriately, Andrew’s session on innovation and investment in the African tea industry fell on International Tea Day, May 21, 2021….

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Boreal Light partners with EBARA Pumps for Impact in Kenya

Frankfurt (Germany) and Nairobi (Kenya), May 2021. GreenTec is pleased to report that Boreal Light has recently partnered with EBARA Pumps Europe. The companies are joining forces for a pilot project bringing clean drinking water to a school and the local community in Machakos, Kenya. Both companies are committed to contributing to the UN’s SDG’s…

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Powerstove builds team in preparation for Upscaling.

Frankfurt and Abuja, May 2021. GreenTec is very pleased to report that Powerstove is growing its team as a part of preparations for upscaling.  The Abuja-based company is continuing to build on its growth in 2020 and positioning itself to meet increasing demand for cookstoves in Nigeria and internationally. To seize this opportunity, Powerstove has…

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Amitruck wins spot in the first JICA Ninja Accelerator Africa program in Kenya!

Frankfurt (Germany), Tokyo (Japan) and Nairobi (Kenya), April, 2021.  GreenTec Capital is excited to report that Amitruck has been selected to join the JICA Ninja Accelerator Africa’s first cohort in Kenya.  Amitruck is a Nairobi-based startup that offers a web-based solution for the challenging logistics environment in Kenya.  JICA (Japan International Cooperation Fund) coordinates official…

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WidEnergy Africa selected as a GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion Grantee.

Frankfurt (Germany) and Lusaka (Zambia), April 2021. GreenTec Capital is very pleased to report that our Zambian portfolio company, WidEnergy Africa was selected as one of nine grantees for the GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion. WidEnergy was selected as a finalist from a pool of 598 applicants in 44 countries….

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PricePally raises six-figure pre-seed funding from VCs and Angels

Frankfurt (Germany) and Lagos (Nigeria), April 2021. GreenTec Capital is very pleased to share that PricePally has recently raised six-figure funding from Samurai Incubate, Launch Africa Ventures, and Angel Investors. The investment comes as the Lagos-based group-buying platform demonstrated strong early growth. PricePally, founded in 2019, developed its PricePally web and mobile application to help…

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