GreenTec Capital Partners’ Post

💻 Are you looking to invest in change makers and fast-growing startups in Nigeria, Kenya, Rwanda, and Pakistan?   🌳 Check out this Dealbook for startups from the recent Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH PrivABoo cohort, an investment readiness program for startups in the Climate Adaption Space, which we conducted jointly with our partners at GreenTec Capital Partners. This Dealbook spotlights promising startups driving innovation in renewable energy, sustainable agriculture, waste management, and clean technology. It also highlights their unique model, growth potential, and positive environmental impact. 🔖 Recommended reading for those looking to discover opportunities to invest in impact driven startups! #ClimateAdaptation #ImpactInvesting #SustainabilityInnovation #StartupSupport #InvestmentOpportunities Tobias Straube l Florian Justus https://lnkd.in/dcMAEZtw

I was thrilled to witness President Hon William Samoei Ruto the President of the Republic of Kenya, in Atlanta, Georgia, share the country's remarkable achievements. Kenya's exports to the U.S. have experienced significant growth, surging from $1.1 billion in 2012 to $1.46billion in 2022. Notably, the country has made tremendous strides in renewable energy, which now accounts for over 90% of its energy mix. The burgeoning tech sector continues to attract substantial investments from venture capitalists. The country offers encouraging incentives to its startups. Additionally, Kenya's agribusiness sector is flourishing, with a focus on commercializing high-quality tea, coffee, and macadamia. With such progress and entrepreneurial spirit, the future looks incredibly promising.

DRE startups, what are you waiting for? The UNDP and timbuktoo Africa just opened submissions for their Timbuktoo GreenTech Energy Accelerator Programme. The deadline for submissions is October 20th, 2024. In the latest issue of our newsletter, Clean Energy Africa, we covered some technical assistance/ funding opportunities for African DRE companies that were recently announced; we also covered some of the recent DRE investments that took place in Africa over the past two weeks. 📥Subscribe now for early updates on new opportunities: https://lnkd.in/dwvwvz_t You can find the organisations we mentioned here: - (Page 2) UNDP and timbuktoo Africa - (Page3) African Development Bank Group - (Page 4) Acumen and RDG Collective - (Page 5) ECOWAS Commission - (Page 6) Government of Uganda - (Page 7) Kingdom of Morocco 🇲🇦 - (Page 8) The World Bank Group

Africa's #agricultural sector is undergoing a digital transformation, and the opportunities are vast. Agritech startups are leveraging technology to improve food security, increase yields, and reduce waste. Why invest in agritech? Huge Market Potential: Africa's growing population and rising middle class create a massive demand for food. Innovative Solutions: Agritech startups are developing innovative solutions to address challenges like climate change, soil degradation, and food waste. Positive Impact: Investing in agritech can contribute to sustainable development, poverty reduction, and food security. It's safe to say the future of Africa is green, and it's ripe for investment. Explore the latest agritech trends and discover promising startups in Africa https://lnkd.in/deBFfjyv #Agritech #Africa #Investment #Startup #FoodSecurity #Sustainability

Top 10 Biggest Startup Funding Deals in Africa for November 2024 November saw African startups securing approximately USD 47 M in total funding, with a mix of equity, debt, and grants supporting innovative businesses across various sectors. However, it was a slowdown from October which saw a total of USD 220 M raised. Here are some of the standout funding deals in November: 1. Mawingu (🇰🇪 Kenya, Telecommunications) – USD 15 M debt and equity funding 2. Agventure Limited (🇰🇪 Kenya, Agri-business) – USD 9.5 M debt financing 3. Hydrobox (🇰🇪 Kenya, Renewable Energy) – USD 9 M debt funding 4. Socium (🇸🇳 Senegal, HRtech) – USD 5 M seed funding 5. ariika (🇪🇬 Egypt, Home Furnishing) – USD 3 M Series A extension round Other notable rounds: 6. SPOUTS International (🇺🇬 Uganda, Cleantech) – Backed by Incofin's Water Access Acceleration Fund. 7. Qara Digital Solutions (🇪🇬 Egypt, Supply Chain) – funding raised from undisclosed investors 8. Amenli (🇪🇬 Egypt, Insurtech) – Round led by EBRD Venture Capital with YC support. 9. Keep IT Cool | Earthshot Prize Winner 24 (🇰🇪 Kenya, Environmental) – Winner of The Earthshot Prize. 10. Green Africa Youth Organization (GAYO) (🇬🇭 Ghana, Environmental) – Winner of The Earthshot Prize. Data source: WT Elite To get access to more Africa funding updates, click the link: https://lnkd.in/ggArjavr #AfricaStartups #Funding #AfricanTech #StartupFunding #Innovation #WTElite

Empowering Innovation Across Africa: Major Funding Updates💎 Exciting developments as key ventures secure significant funding to drive growth and innovation across Africa: 🔹d.light Solar Impact: Secured $3.4M in grants for solar home systems in Uganda. 🔹Accion’s Global Initiative: Launched a $152M fund to empower small businesses through technology in emerging markets. 🔹MNZL’s Financial Innovations: Raised $3.5M in seed funding to enhance asset liquidity in Egypt. 🔹Maad's Retail Revolution: Acquired $3.2M in funding to connect Francophone Africa's informal retailers with suppliers. 🔹Spiro's Electric Expansion: Gained $50M to boost EV solutions in Africa, aiming to expand its motorbike fleet and battery stations. Our mission continues to support these transformative efforts that not only foster innovation but also drive sustainable development in emerging markets. Join us in celebrating these milestones and the promising future they herald for Africa’s economic landscape! If you'd like to receive future updates from us, subscribe to our newsletter - https://shorturl.at/dsJTX #FromHereVentures #VentureCapital #Innovation #SustainableDevelopment #AfricaTech #Startups

Catalyst Fund's $1.8 Million Climate Crusade in Africa! The Catalyst Fund is making headlines with a $1.8 million investment in 9 trailblazing climate tech startups across Africa, expanding its portfolio to 19 companies focused on climate resilience in diverse markets like Kenya, Nigeria, and South Africa! Key Highlights: 🔹 Climate Champions: These startups are leading the charge against climate change, innovating in sectors like agriculture, healthcare, and energy. 🔹 Strategic Investments: From solar energy solutions in Nigeria to AI-powered farming in Tanzania, each company is on a mission to foster a climate-resilient future. 🔹 Empowerment at Heart: The Catalyst Fund's investments aim to empower local communities and businesses, enabling them to thrive amidst climate challenges. 🔹 Meet the Innovators: Companies like Keep It Cool in Kenya are revolutionizing food preservation, while Medikea in Tanzania is enhancing healthcare accessibility. 🔹 Beyond Funding: The Catalyst Fund isn't just investing money; it's providing expert venture building support to ensure rapid growth and impactful success for these startups. 🔹 Visionary Growth: As the fund continues to invest through 2024, it's clear they're committed to nurturing a sustainable, climate-smart future for Africa. P.S. Which startup's mission resonates with you the most? Let's discuss in the comments! Moses Kemibaro, Elena Maksimovich, Aku Wilenius, Sam Steyer, Daniel Vetterkind, Adebayo (Sam) A., Raiyan Ahmed MCIM, Aidan M., Miguel de Ros,Guillaume De Dorlodot, Joseph Glesta, Ronak Sutaria, and Eloa Guillotin  Read full article: https://lnkd.in/eYW9NNVM #ClimateTech #InvestInAfrica #SustainableInnovation #MondayFunding

So the good news is funding for #climatetech in #africa is up, to US$1bn a year. The bad news is US$277bn a year is needed. The opportunity is to fill that gap, with the right financial tools and products that make money for the #investors to encourage more #investment by the #privatesector. -------------------------- "Funding for climate tech startups in Africa from the private sector is growing, with businesses raising more than $3.4 billion since 2019. But there’s still a long way to go, with the continent requiring $277 billion annually to meet its climate goals for 2030." "Experts say to unlock financing and fill this gap, African countries need to address risks like currency instability, while investors need to expand their scope of interest to more climate sectors like flood protection, disaster management and heat management, and to use diverse funding methods." "Last year, climate tech startups on the continent raised $1.04 billion, a 9% increase from the previous year and triple what they raised in 2019. The money raised by climate tech startups last year was more than a third of all funds raised by startups in Africa in 2023, placing climate tech second to fintech" From 2019 to 2020, private sector financing represented only 14% of all of Africa’s climate finance, according to a report by the Climate Policy Initiative, much lower than in regions such as East Asia and Pacific at 39%, and Latin America and the Caribbean at 49%. The low contribution in Africa is attributed to the investors putting money in areas they’re more familiar with, like renewable energy technology, with less funding coming in for more diverse initiatives."

Funding for #climatetech startups in #Africa from the private sector is growing, with businesses raising more than $3.4 billion since 2019. But there’s still a long way to go, with the continent requiring $277 billion annually to meet its climate goals for 2030... Still, the investment numbers for the climate tech sector — which includes businesses in #renewableenergy, carbon removal, land restoration and water and waste management — are compelling. Read the news story by The Associated Press and more on the #energytransition from Kathari.News

Curated Opportunities for Agribusinesses, May 2024 (Week 1) 1. D-Prize Challenges seed support is meant to be the launching point for your organisation that grows to large-scale. Submit your concept to the twice-annual competition. If selected, you will receive seed support to launch. [Apply here: https://lnkd.in/dGYRgzyD] 2. Social Shifters Global Innovation Challenge is open to young leaders, innovators and entrepreneurs (18 - 30 years) with BIG ideas to take on the world's most urgent social and environmental issues. [Apply here: https://lnkd.in/dGj6jVfC] 3. Google for Startups Accelerator Africa accepts applications from startups in Algeria, Botswana, Cameroon, Côte D’ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, and Zimbabwe. [Apply here: https://lnkd.in/ehq-cNKt] 4. UNIDO Foodtech Global Call is UNIDO’s flagship annual event where companies with innovative solutions to global challenges are recognised and awarded. [Apply here: https://lnkd.in/dj_kTxB5] 5. The Ban Ki-moon Centre for Global Citizens is to host the 3rd edition of the Youth AgriChampions – a Peer2Peer workshop series on climate adaptation in agriculture. [Apply here: https://lnkd.in/ePsGhsAG] 6. The Climate Gender Equity Fund is a public-private partnership led by USAID with Amazon, Reckitt, UPS Foundation, and Visa Foundation that seeks to increase access to climate finance; launch its second Request for Proposals. [Apply here: https://lnkd.in/dz-EqR5s] Join any of our platforms below: 1. Agribusiness Investment Community: https://lnkd.in/ghbQTwuz 2. AfCFTA MSMEs Community on Telegram: https://lnkd.in/dn4qNVsc 3. Follow our WhatsApp channel for weekly agribusiness opportunities: https://lnkd.in/dXtzPcBg Don't forget to reach out to us at Research Desk Consulting Limited for your agribusiness advisory, business plan, and grant writing services! #rdcdiaries #agribusinessopportunities #agribusinessfinancing #investmentopportunities