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…

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….

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…

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…

Boreal Light GmbH opens solar water desalination unit in Nungwi, Zanzibar

Frankfurt (Germany) & Nungwi (Zanzibar) January, 2022. GreenTec Capital is very pleased to share that its portfolio company, Boreal Light GmbH, officially opened a solar, water desalination system in Nungwi, Zanzibar, Tanzania. Nungwi is a large village located in the far north of the island with a population of approximately 5,500. Dr. Mngereza Miraji, Principal…

Francisco Schäfer Aguilar joins GreenTec Capital as Associate

Frankfurt (Germany), October 2021. GreenTec Capital is pleased to announce that Francisco Schäfer Aguilar has joined the firm in the role of Associate, after completing a 6 months internship role. Francisco will apply his background in economics, finance, and political ecology in support of the GreenTec Investment Business Unit and its initiatives to increase GCP’s…

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Powerstove signs $7.1 million International supply contract with Finnish firm

Frankfurt (Germany), Helsinki (Finland), and Abuja (Nigeria), January, 2022. GreenTec is very pleased to share that Powerstove, our Nigeria-based cleantech portfolio company, has signed a US$7.1 million supply contract with an undisclosed Finnish company. The multi-year contract will have the Abuja-headquartered company providing its signature Goodlife Pellets to the company which sources high quality ecological and…

Pricepally secures seed investment from SOSV

Frankfurt (Germany) and Lagos (Nigeria), December 2021. GreenTec Capital is very pleased to report that Pricepally was selected to receive funding and support from US-based SOSV as a part of their cross-border program. Pricepally is is our Lagos, Nigeria-based e-commerce start-up focusing on connecting producers in the agricultural value chain with consumers in Nigeria. The…

Startups and Upscaling

GreenTec Co-invests into creative-focused edutech platform LAFAAAC

Frankfurt (Germany) and Paris (France), December 2021. GreenTec Capital is very pleased to announce our co-investment in LAFAAAC (The Franco-Anglophone Academy of Arts and Culture) with INCO Ventures through it’s vehicle Abeille Impact Investing France. LAFAAAC is an edutech platform focused on creative professionals specializing in cinema, audio visual, fashion, music, and publishing, and more…

Thomas Reyal joins GreenTec Capital as Investment Manager

Frankfurt (Germany), September 2021. GreenTec Capital is pleased to announce that Thomas Reyal has joined the firm in the role of Investment Manager. Thomas will apply his background in acquisition finance and private equity in support of the GreenTec Financial Solutions Team and its initiatives to develop solutions to help investors participate in African innovation….

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