Details

GreenTec Capital GmbH was founded in 2015 and focuses on promising and impactful African startups, applying a unique “results4equity” investment model. As Germany’s premier investor in African startups, GreenTec provides a unique low cost acquisition model that turns under‐the‐radar startups into sustainable companies. In the last two years, GreenTec has developed a diversified and risk‐curated portfolio of more than 10 innovative African startups and SMEs. Today, GreenTec is active in the ITC, energy, water, and agriculture sectors in Ghana, Kenya, Nigeria, Rwanda and Uganda. Several of the portfolio companies have received media attention and earned market recognition and awards. They include Farmcrowdy, an agri-tech platform from Nigeria (www.farmcrowdy.com); and ARED, a Rwanda‐based innovative energy & ITC company that brings Wi‐Fi Connectivity to the streets of Africa (www.a‐r‐e-d.com). GreenTec recently partnered with the Tony Elumelu Foundation in Nigeria to provide further mentoring and support to alumni of the Tony Elumelu Entrepreneurship Program. In 2017, GreenTec received the German Entrepreneurship Award for Development, an initiative of the Carl Duisberg Gesellschaft e. V. (CDG), the German Federal Ministry of Economic Cooperation and Development, and the German Society for International Cooperation