News

A Meet up with Dr. Akinwumi Adesina, President of the African Development Bank in Berlin

Berlin (Germany), June 2018. Earlier this week, GreenTec Capital CEO had the opportunity to attend a meet-up with Dr. Akinwumi Adesina, president of the African Development Bank (AfDB). The event was organized by Afrolynk and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the Ministry for Economic Cooperation and Development (BMZ) in context…

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AgroCenta receives US$250,000 GSMA Ecosystem Accelerator Award.

Accra (Ghana), December 2018. GreenTec Capital is very proud to announce that AgroCenta has been selected as the recipient of a US$250,000 (£200,000) GSMA Ecosystem Accelerator Grant funded by UK DFID, Australian AID, and the GSMA and its members. The company joins 10 other start-ups entering the GSMA’s Ecosystem Accelerator Innovation Fund Portfolio third cohort….

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ARED brings connectivity and jobs to Ugandan refugee camps with World Vision Uganda

Kampala (Uganda) and Frankfurt (Germany), May 2019. GreenTec Capital is very pleased to report that ARED has partnered with World Vision as a part of the company’s expansion into Uganda. The partnership with World Vision will help expand economic opportunities and connectivity options for refugees in Northern Uganda. In 2017, ARED began its international expansion…

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Boreal Light GmbH European Food Startup of the Year European at FoodNexus Startup Challenge.

Wageningen, (Netherlands), December 2017. GreenTec Capital Partners is very pleased to announce that Boreal Light GmbH has been selected as European Food Startup of the Year at the European FoodNexus Startup Challenge. The European FoodNexus Startup Challenge is a food and agtech startup competition for companies from seven countries across the European Union that aims to offer growth opportunities…

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Amitruck raises $4 million for scaling into Uganda and Tanzania

Frankfurt (Germany) and Nairobi (Kenya), February 2022. GreenTec Capital is very pleased to report that Amitruck, our Kenya-based logistics-tech portfolio company, has closed a US$4 million seed round. Amitruck will use the funds to bolster its operations, technical, and sales teams supporting its expansion in East Africa. The funding round was led by Better Tomorrow…

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Boreal Light begins project to provide 100% of Zanzibar’s water with renewable energy

Berlin (Germany) and Stown Town (Zanzibar), February 2022. GreenTec Capital is very proud to report that Boreal Light has begun work on their most ambitious project to date, providing 100% of Zanzibar’s water powered by renewable energy. On February 12th, the company broke ground on a water desalination plant at the Mnazi Moja Hospital in…

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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. …

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Angel Investing in Africa – Never a better time to Learn

Register for the Axum Masterclass on Angel Investing on February 16th, 15:30 CET Frankfurt (Germany), January 2022. To look for signs that the African VC segment is maturing, one need only to look at the staggering $4.3-$4.6+ billion in reported deals closed in 2021. While lower than other international start-up markets, this represents a 150%…

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New African Magazine Selects Tomi Davies as Among 100 Most Influential Africans

London (England), Frankfurt (Germany) January, 2022. GreenTec Capital is very pleased to share that Mr. Tomi Davies (TD), our Chief Investment Officer, was selected to be among those honoured as “The 100 Most Influential Africans of 2021” by New African magazine.  The annual award showcases Africa’s best and brightest by recognising, honouring, and celebrating the…

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PowerStove Profiled in private wealth Magazine 

Abuja (Nigeria) & Frankfurt (Germany), January, 2022. GreenTec Capital is pleased to share that its portfolio company, PowerStove, was featured in private wealth magazine in the December 7th, 2021 issue.  Private wealth is a Munich headquartered magazine published for wealthy private individuals and entrepreneurs. The Powerstove profile was featured in the December issue’s ‘Mission Innovation’ section,…

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