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…

GreenTec CEO Erick Yong and investee Powerstove attend the SDG Finance Geneva Summit

Geneva (Switzerland) and Frankfurt (Germany), December, 2021. GreenTec Capital is pleased to share that its CEO & Co-Founder, Erick Yong, participated in a panel discussion as part of the SDG Finance Geneva Summit. The event was organised by the UNDP Geneva and focused on SDG financing in developing countries. GreenTec portfolio company Powerstove also attended for…

GreenTec Captial featured in Handelsblatt article on record level investment in Africa.

Frankfurt (Germany), December 2021. GreenTec Capital CFO Thomas Festerling was quoted in an article in the the Finance Section of the weekend edition of Handelsblatt for December 3rd and 4th, 2021. The article (in German) titled ‘Record Investments in Africa’ covers the increased investment activity, particularly from the perspective of KfW and institutional and impact…

Powerstove selected as USADF inaugural ARIE grant awardee

Frankfurt (Germany) and Abuja (Nigeria), November 2021. GreenTec Capital is pleased to report that Powerstove was selected as one of the inaugural recipients of a grant for the Africa Resilience Initiative for Entrepreneurs (ARIE). Powerstove CEO Okey Esse joined 24 other grantees in being recognised by the program intended to provide funding and technical assistance…

GreenTec expands Logisticstech portfolio with investment in ShapShap

Frankfurt (Germany) and Lagos (Nigeria), November 2021. We are very happy to announce our investment and signing of a collaboration agreement with ShapShap, a Nigerian logistics platform focusing on deliveries in Africa’s fragmented logistics market. ShapShap has developed an all-in-one platform connecting customers, drivers, and merchants and is currently facilitating last-mile deliveries in Abuja and…

GreenTec invests in Nigerian Mobility Solutions platform T40

Frankfurt (Germany) and Lagos (Nigeria), October 2021. GreenTec Capital is very pleased to announce our investment in T40, a Nigerian intercity transport- and logistics-tech company developing solutions to help mobility service providers offer better service to their customers and increase their revenues. The African continent is experiencing one of the highest rates of urbanization globally….

GreenTec’s Anandha Ponnampalam speaks at COP26 Panel

Frankfurt (Germany) and London (England), November 2021. GreenTec Capital is pleased to share that Anandha Ponnampalam, its Chief Technology Officer, participated in a panel as part of the COP26 UN Climate Change Global Innovation Hub Pavillon. The hybrid in-person & virtual panel was focused on climate entrepreneurship ecosystems in African cities, and was hosted by…