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Africa GreenTec AG Launches Series B for Impact Investors

Africa GreenTec Kunde Mali

The social enterprise Africa GreenTec, founded in 2016, continues to scale and offers investors to come on board. This way, they can become part of the success story and directly participate in the AG in the form of shares. Investors get the prospect of an attractive return on investment while creating a sustainable impact on 11 of the UN's 17 sustainable development goals through their participation. Through its holistic renewable energy projects in sub-Saharan Africa, Africa GreenTec is not only actively combating climate change, but also providing people with access to electricity, internet, drinking water and cold chains, thus opening up new opportunities and perspectives.

The successful Series A financing round in 2020/2021 has proven that the investment case is particularly interesting for investors who, in addition to achieving a return, want to make a difference with their capital.

Matthias Meisinger is already an investor in Africa GreenTec and says the following about his personal motivation:

The global consumption of resources is pushing our planet ever closer to the abyss – in favor of the prosperity of a few, although many do not even have access to electricity. This is one of the most urgent problems of our time. Africa GreenTec is a young company with a vision, innovative ideas and passionate commitment. And with a solution that also has incredible business potential. Africa GreenTec and my capital are helping each other to advance this solution, which is why I invested.
Matthias Meisinger

In Africa, more than 600 million people today have no access to electricity and, as a result, no cooling facilities, no clean drinking water, and no access to education and the Internet. Africa GreenTec uses the latest PV, battery and smart meter technology to enable implementation of cost-effective decentralized solutions in the most remote areas. The company does not rely on outdated development aid approaches and donations, but on the social business concept of Nobel Peace Prize winner Muhammad Yunus. This means that the company sells its services to local customers at fair prices and at the same time achieves measurable impact.

Imagine you need to set up your craft business in an African village and you don't have reliable access to electricity. Your only option is to use a diesel generator. Diesel is hard to get and expensive due to lack of infrastructure in your country, the generator is smelly, noisy and pollutes the environment as well as your immediate neighborhood. Thus, young people in particular have no job prospects whatsoever. We are changing this and creating new ways for thousands of people and a whole generation
states Aida Schreiber, who was born and raised in Mali and is co-founder of Africa GreenTec.

Mini-Grids in Sub-Saharan Africa – The Market of the Future

An investment in Africa GreenTec and its projects will, above all, bring opportunities for an appropriate financial return, in addition to the certainty of making a difference. According to a study by the World Bank, over 200 billion euros in investments will be needed by 2030 to supply 500 million people with electricity and meet the UN's goals.

As a pioneer, Africa GreenTec is already firmly established in this growing market. Locally anchored country subsidiaries, close contacts to key decision makers and over 25 already implemented projects demonstrate Africa GreenTec's strong position and long-term experience. With its 135 employees (more than 100 of them in Africa), the company is perfectly positioned to secure a large market share in the future and to multiply its enterprise value. Already in the last 2 years, the company valuation of Africa GreenTec AG has almost tripled. The range of services and products is growing steadily, so that Africa GreenTec now offers electricity, cooling, water and light combined in one ImpactSite. Further technologies are already under development and are constantly expanding the holistic approach.

In addition to scaling up in the current target markets of Senegal, Madagascar, Mali and Niger, the social enterprise's next steps are to expand its holistic ImpactSite approach, implement new energy-efficient products, provide energy to medium-sized businesses and entire cities, and establish a production and training facility in Dakar, Senegal.

Africa GreenTec is now inviting impact investors to become part of the company and its vision to empower 3 million people with renewable energy solutions and kick-start local growth spirals, saving over 1.4 million tons of CO2 with concrete, measurable projects.

June 2022