Home AGT Launches Pilot Project in Madagascar

Africa GreenTec Installs First Mini-Grid Project With 100 % Renewable Energy Throughout Madagascar

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At the UN Climate Change Conference, there was a lot of talk about the effects of climate change. Regions in sub-Saharan Africa in particular are already severely affected. However, urgently needed concrete measures to meet the 1.5 degree target and achieve climate justice were missed by many at the conference. The German-African social enterprise Africa GreenTec shows how to tackle the problems on the ground with innovative solar-powered solutions. Successfully implemented projects in Mali, Niger and Senegal were followed by the commissioning of the pilot project in Madagascar at the end of July 2022.

Africa GreenTec has built one of its so-called ImpactSites® in Madagascar, which been supplying the 6500-inhabitant community of Mahavelona in the Itasy region with solar energy ever since. This project is not only a milestone for the social enterprise and its partner Polarstern Energie, but also for the country of Madagascar itself. This is because the solar park with battery storage is the first mini-grid project in the whole of Madagascar to be powered 100% by renewable energy.

This ImpactSite is a novelty for both the island nation and the social enterprise Africa GreenTec, as it also differs from the other ImpactSites implemented so far. Due to the size and location of the Mahavelona community, a 120 kWp ground-mounted PV system was installed instead of the containerized Solartainer® developed by the company.

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An intelligent network distributes solar energy via a prepaid tariff system and enables data analysis and remote maintenance. Each household has its own connection including an intelligent electricity meter, a so-called smart meter, which receives and sends data and measures and controls the flow of electricity in real time. This ensures a reliable prepaid payment system and each customer pays only for the electricity they use.

Unlike other solar providers in Madagascar, Africa GreenTec relies 100% on renewable energy and does not use a diesel generator as backup, but a battery storage system. Thanks to the lithium-ion battery storage, energy is available even in the evening hours and during heavy cloud cover. The storage is located in a building next to the solar farm and is adapted to the warm climate and conditions in the Global South, it is equipped with a specially developed cooling system.

The ImpactSite was officially inaugurated in early October in the presence of the Minister of Energy of Madagascar. In his opening speech, he said:

Andry Heriniaina Ramaroson, Minister für Energie und Kohlenwasserstoffe Madagaskar
As an engineer, I am convinced and impressed by the quality of this infrastructural project. Therefore, on behalf of the State and the President of the Republic, I congratulate you (Africa GreenTec) for this great work. Thank you very much! You are real role models for this and future generations.
Andry Heriniaina Ramaroson, Minister of Energy and Hydrocarbons Madagascar

Since July of this year, Mahavelona has had an electricity grid and a reliable and sustainable power supply for the first time in its history. This benefits not only private households, but above all small businesses and public institutions such as schools, the local infirmary and the police station. Previously, the streets were unlit and the day ended after sunset. Thanks to the StreetUPs developed by Africa GreenTec – self-sufficient and 100% solar-powered street lighting – Mahavelona is now brightly lit in the evening.

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Electricity is changing the lives of every single person in our community. Our ability to start our own businesses, our health and quality of life, and safety throughout the village have all increased immensely. The street lighting alone gives us, and especially the women in the village, a great sense of security. Before Africa GreenTec started the project, we felt like we were constantly living in the dark. We have all been empowered by the power supply.

Mrs. Nivoarilalanjatovo, Mayor Mahavelona, Madagaskar

Previously, diesel generators were the only way to use electricity productively. These are not only bad for the environment, but also expensive and unreliable. The old generators often break down, the diesel has to be transported over long distances on bad roads to the village and is therefore not always available. With these incalculable costs, it is hardly possible to build a profitable business.

Affordable and reliable electricity opens up completely new economic perspectives for the people of Mahavelona. The first businesses, such as welding stores, have switched to efficient electrical equipment, and the first farmer in the village has also bought a new rice husking machine with electric drive and got rid of his diesel generator with the help of Africa GreenTec. The first hair salon has opened, and the local small cinema can now show movies in the evenings. Numerous small stores can now operate refrigerators and freezers and thus offer chilled drinks and ice cream.

Florian_Henle
The solar power supply opens up many opportunities for the villagers to improve their living conditions individually and as a community. It expands educational opportunities, reduces the use of diesel generators, and initiates economic development that puts more local people to work, strengthens purchasing power, and combats the causes of migration. In short, it makes dreams for the future tangible. For us, the solar power supply of the village Mahavelona is the perfect example when we at Polarstern talk about the goal: To change the world with energy. For real.
Florian Henle, Founder and Managing Director Polarstern GmbH
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Africa GreenTec's work does not stop here. Sustainability is in the DNA of the social enterprise, and an important factor here is the long-term fault-free operation of the ImpactSites. That is why Africa GreenTec employs four local staff in Mahavelona alone to operate and maintain the system on a permanent basis. Gradually, more and more customers will be connected to the network, and further services such as a water purification plant are also being planned. However, Africa GreenTec's plans also extend beyond Mahavelona. The next six ImpactSites are already being planned. Moritz Brauchle, Managing Director – AGT Madagascar, says:

Moritz_Brauchle

The first project is always a very special one. All beginnings are difficult, but the work is worth it. We couldn't have asked for a better place than Mahavelona. But Mahavelona is just the beginning. We look forward to working with the Ministry of Energy, ADER and ORE to implement many more projects as quickly as possible in the future and make Madagascar a model for renewable energy.

But it's not just in Madagascar that Africa GreenTec has big visions. By 2030, the social enterprise wants to supply a total of three million people in Africa with energy and save 1.2 million tons of CO2. The projects are financed, among other things, with the help of crowdinvesting: instead of donating to the project, people invest. The mission is well received: In the current crowdinvesting round, around 550 people are already participating, who together have so far provided over 1.3 million euros in investment assets. On the one hand, investors have the opportunity to profit from the growing market for sustainable energy solutions. On the other hand, they can enable more self-determination and economic growth for residents in villages like Mahavelona.

Madagaskar
November 2022

Home Olympic Legend Edwin Moses Supports AGT's Series B

Africa GreenTec AG Launches Series B for Impact Investors Together With Olympic Legend Edwin Moses

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"Over hurdles to success" could be the life motto of American exceptional athlete, Olympic champion and world record holder Edwin Moses. After all, he developed his own running style, trained relentlessly and dominated the 400-meter hurdles discipline for nearly two decades with his focus, elegance and speed. With this performance, he electrified the entire world. The races against the German European champion Harald Schmid, in particular, were legendary. Now Edwin Moses competes for Germany – and Africa.

As an advocate for clean sport, the world-famous Olympic legend has entered into a collaboration with the German scale-up enterprise Africa Greentec AG. Symbolically, the "clean sport to sustainable energy solutions" hurdle was quickly crossed. The social enterprise's holistic approach sparked the enthusiasm of Dr. Edwin Moses, a physics graduate and business and finance consultant.

On the occasion of the preparations for the Series B crowdfunding campaign, he recently visited the Africa GreenTec Office in the Impact Hub Berlin. Edwin Moses sees an enormous but underestimated growth market in Africa and is convinced that Africa GreenTec, as a pioneer for sustainable energy solutions, is ideally equipped to overcome the hurdle to success for and with the African continent. However, he is convinced that action must be taken quickly, because the war in Ukraine and the resulting energy and hunger crises have consequences for Africa in particular and threaten to lead to catastrophes. It is also for these reasons that Edwin Moses supports the Series B financing round that has just been launched, as well as the associated crowdinvesting campaign of the scale-up.

Edwin Moses bei Africa GreenTec in Berlin

Founded in 2016, the social enterprise Africa GreenTec continues to scale and offers investors to come on board. In this way, they can become part of the success story and participate directly in the AG in the form of profit participation rights from as little as €250. Investors get the prospect of an attractive return on their investment while creating a sustainable impact on 11 of the UN’s 17 sustainability goals. Through its holistic renewable energy projects in sub-Saharan Africa, Africa GreenTec not only actively combats climate change, but also provides people with access to electricity, internet, drinking water and cold chains, thus opening up new opportunities and perspectives.

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

Global resource consumption is pushing our planet ever closer to the abyss - to the benefit of the prosperity of a few, even though many do not even have access to electricity. This is one of the most burning issues 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
The successful Series A financing round in 2020/2021 proved that the investment case is particularly interesting for investors who, in addition to achieving a return, want to make a difference with their capital.
Aida_Schreiber

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 the 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 perspective whatsoever. We are changing this and creating new ways for thousands of people and a whole generation.

as Malian-born Aida Schreiber, co-founder of Africa GreenTec points out

In Africa alone, 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 the 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.

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

An investment in Africa GreenTec’s enterprise 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 growth market. Locally anchored country subsidiaries, close contacts to key decision makers and over 25 projects already implemented demonstrate Africa GreenTec's strong position and vast 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 already offers electricity, cooling, water and light combined in one ImpactSite. Further technologies are already under development and are constantly expanding the holistic approach.

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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 to set local growth spirals in motion, saving over 1.4 million tons of CO2 with concrete, measurable projects.

Frankfurt
July 2022

Home Africa GreenTec AG Launches Series B for Impact Investors

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.

Aida_Schreiber
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.

Frankfurt
June 2022

Home Africa GreenTec Relocates Production to Senegal

Africa GreenTec Relocates Production & Engineering to Senegal and Establishes Its Own Training Academy

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As a pioneer for solar mini-grids on the African continent, Africa GreenTec has been developing, designing and building its own ImpactSites®, sustainable and holistic energy solutions, since 2016. These provide entire village communities in the Global South with electricity, cold chains, internet, water pumps and drinking water - all of which are self-sufficient and powered exclusively by solar energy.

Not only is Senegal the fourth country in which Africa GreenTec is now operating, but its strategic location on the Atlantic Ocean also means it will play an important role for this social enterprise in the future. The capital Dakar is being developed as Africa GreenTec's new headquarters for Africa.

We are very proud that by moving production from Germany to Africa, we are also creating highly skilled jobs in Africa and mapping the entire value chain locally.
Torsten Schreiber, Founder & CEO – AGT AG

In the N’diob region in Senegal, Africa GreenTec is currently putting the first Solartainer® into operation, providing, in this initial phase, clean energy to 120 households as well as numerous small businesses and public institutions. All in all, 50 villages in Senegal are to be equipped with Solartainers.

Furthermore, Africa Green Tec is planning to establish a training academy in Senegal, so that the entire production, logistics, as well as operation & maintenance can take place in Senegal in the future. The new production facility will manufacture, in particular, the Solartainers and Cooltainers® for the entire African market. The academy will focus on the training of production specialists and qualified electricians.

Since the foundation of Africa GreenTec in 2016, 80 technicians have already been trained and employed in Mali and Niger, who are currently entrusted with the maintenance and servicing of the sites. The academy will now allow Africa GreenTec to give even more young people access to qualified training. It will also be made accessible to students who do not work for Africa GreenTec.

The relocation is an important and consistent step for the growing company towards empowering people in the Global South to achieve greater growth and self-determination.

prof-dr-wolfgang-rams
The value chain of many companies is mostly not located in Africa. We would like to change this problem in our company and have therefore decided to move our company focus, including production and operations, to West Africa. This can start an economic growth curve that will tremendously benefit both the village communities in sub-Saharan Africa and our investors.
Wolfgang Rams, Co-Founder & COO – AGT AG

Overall, the mini-grid market is predicted to add approximately 200,000 sites with an investment of €200 billion by 2030 (source: World Bank 2019). Africa GreenTec plans to build at least 500 of its own sites over the next few years.

Sénégal
May 2022

Home Innovation Partnership Between Africa GreenTec and AUDI AG

Innovation Partnership Between Africa GreenTec and AUDI AG

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What does AUDI AG have to do with the sustainable electrification of African villages? Together with the social enterprise Africa GreenTec, the automotive group is showing how batteries from the Audi e-tron can be reused to supply rural regions in Africa with electricity from renewable energies at night.

We can only achieve the global energy transition together with industry. With AUDI AG, we have gained an excellent partner to enable the use of high-performance and high-quality battery storage systems effectively and for a long time and in a meaningful way. We look forward to using the battery modules in our ImpactSites®.
underlines Torsten Schreiber, CEO and founder of Africa GreenTec

According to forecasts by WirtschaftsWoche, Germany's three largest automakers will produce more than 1 million electric cars this year, and the trend is rising (source: WirtschaftsWoche, 2020).

Experts are therefore looking for sensible "2nd-life" applications for batteries from used and test vehicles to further improve the ecological footprint. In most cases, lithium-ion batteries are still very powerful and well suited for stationary use, even if they possibly no longer meet all the criteria for dynamic applications such as mobility.

Africa GreenTec, as a partner to industry, wants to use the innovation partnership to show how 2nd-life batteries can be usefully combined with its own Africa expertise. Access to electricity is the key to sustainable development and can set in motion a growth spiral with many positive knock-on effects. As a pioneer, Africa GreenTec has already been using high-quality lithium-ion storage in its Solartainer® to supply villages in sub-Saharan Africa with electricity since 2015. An intelligent power grid distributes the electricity via a PrePaid tariff system and enables data analysis and remote maintenance.

AUDI AG has now been won as a partner to use powerful batteries from electric vehicles with a high capacity for village electrification.

AUDI AG is pleased to test another exciting application for 2nd-life storage together with Africa GreenTec. Due to the high Audi quality standards, our high-voltage batteries are ideally suited for the specific local climatic conditions. In addition to sustainability and technical aspects, social aspects also play an important role in this cooperation.
says Hagen Seifert, Head of Sustainable Product Concepts at Audi

The new partnership and research cooperation will allow batteries from test vehicles to be used in a pilot project. In the medium term, Africa GreenTec would like to expand the partnership with AUDI AG and equip a total of at least 50 villages in the Sahel region with 2nd-life batteries from e-mobility. The batteries will be returned to Audi AG after use for comprehensive battery recycling.

In addition to the sustainability component in the partnership, Africa GreenTec sees great potential in the ability to reduce the production costs of the Solartainers and store electricity more cheaply. This is an important step towards further driving the impact and scaling of the social enterprise. Since its founding, the company has completely eliminated the use of diesel generators in all projects and relies on lithium-ion batteries for power at night

The Solartainer is the core element of the Africa GreenTec ImpactSites. The ImpactSite demonstrates how technology solutions empower people to shape their future in a sustainable and more self-determined way, and to seize opportunities for new jobs and income. Cold chains and water treatment enable better management of the weather impacts of climate change and new perspectives counteract migration.

Frankfurt
September 2021