GreenTec Capital joins the German Finance Leaders in signing the "Frankfurt Declaration," a joint commitment to build sustainable financial sector infrastructures.
In recognition of its innovative approach to developing entrepreneurship in Africa, Greentec Capital was awarded the 2017 German Entrepreneurship Award for Development
Henri Nyakarundi’s Mobile Shiriki Hub revolutionizes the Mobile Solar Kiosk industry and creates the first one-stop shop for mobile users with low-cost WIFI access and free local digital content access.
Farmcrowdy solves problems of financial access for Nigerian smallholder farmers by leveraging technology to match them with farm sponsors.

 

Africa investment focus

GreenTec Capital was founded in 2015 by Thomas Festerling and Erick Yong. They have always believed in the strength of combining mutually complementary approaches into a single, focused effort. By combining more than 10 years of experience at one of the leading German financial institutions and 15 years of worldwide business development, they have developed an innovative inclusive investment approach for African startups and SMEs to ensure that all stakeholders truly benefit from value creation (win-win). 

Most long-term venture investors supply some combination of money and advisory support. GreenTec Capital’s approach differs by prioritizing working directly hands-on with all of their portfolio companies to develop high-value businesses. This means being present to help their partners navigate through crucial and difficult phases by acting directly within their operations as well as providing access to funding.

Their vision is to empower the founders of African companies to build the best and most impactful businesses.

Thanks to this approach, they are able to offer their shareholders the opportunity to participate in a steadily growing portfolio of African companies selected for their potential financial returns as well as their social and environmental impacts. 

News

20.10.2017

ARED wins the Ong2.0 “ICT for Social Good” grant competition.

Kigali (Rwanda) and Milan (Italy), October 2017. GreenTec Capital is very proud to announce that ARED has been selected as the winner of the Ong2.0 “ICT for Social Good” grant competition. The Italian competition seeks to support local innovators in emerging markets under the “Innovation for Development” program.

17.10.2017

GreenTec attends BPI France’s Inno Generation event in Paris.

Paris (France), October 2017. Last week, GreenTec Company Builder Sofien V. Sidhoum attended BPIFrance’s Inno Generation enterpreneurship event at the AccorHotels Arena.

12.10.2017

AgroCenta winner in social-good category at TechCrunch's Startup Battlefield 2017

Nairobi (Kenya), October 2017. We are very pleased to report that GreenTec Capital investees AgroCenta were selected as the winners in the Social Good category at the TechCrunch's Startup Battlefield Africa sponsored by facebook. This was the first-ever Startup Battlefield Africa, of TechCrunch's series of global startup competitions bringing the world’s top early stage startups together on one stage to compete for the coveted Disrupt Cup, a $50,000 prize, and the attention of media and investors. The judges include TechCrunch editors as well as top VCs and entrepreneurs, and past winners include names like Dropbox, Mint, and Yammer. 

10.10.2017

Comments on Mckinsey’s “Mobile financial services in Africa: Winning the battle for the customer,” By Mutsa Chironga, Hilary De Grandis, and Yassir Zouaoui

Frankfurt (Germany), October 2017. This week we share an interesting article from McKinsey & Company, “Mobile financial services in Africa: Winning the battle for the customer,” written by Mutsa Chironga, Hilary De Grandis, and Yassir Zouaoui. The authors review Mobile Financial Services (MFS) in Africa, and present their view on five paths that banks can take to be successful with MFS. With several of our companies leveraging mobile money in their solutions and offering MFSs, we follow the topic closely.