Startups and Upscaling

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…

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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….

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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…

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Shequity Invests in Ecodudu

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 selected Ecodudu for the company’s innovative approach to alternative protein and fertilizer production leveraging on data…

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GreenTec invests in Kenya’s logistics platform Amitruck

Frankfurt (Germany) and Nairobi (Kenya), April 2020. GreenTec Capital is very pleased to announce our investment in Kenya’s Amitruck. Amitruck is an innovative mobile and web based trucking logistics platform that brings together cargo owners and transporters for their mutual benefit. Logistics spending in Africa by manufacturers and retailers has crossed the $160 billion mark…

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Adapting in times of adversity: A lesson from Yusudi.

Frankfurt (Germany) and Nairobi (Kenya). Africa is no stranger to adversity, which is the crucible that forges innovation and entrepreneurs. We at GreenTec Capital we regard adaptability as one of the most important characteristics that an entrepreneur can have. With the current disruptions to the global economy from the worldwide coronavirus outbreak, many businesses are…

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