📄 The State of AgTech Investment Report is now live! The report explores the evolving AgTech sector in Africa across three key sections: a decade-long analysis of AgTech investments, a look at last year's data to highlight 12 key trends and an outlook for the coming year. 📊 Some key findings: - Similar to other tech sectors in Africa, AgTechs raised the most funding in 2021-2022 before declining in 2023. This shift established a new trend characterised by a higher number of deals but lower funding volumes, with fewer active commercial funders such as corporate and venture capital firms. - In the last 12 months, the top two publicly disclosed ticket sizes for AgTechs were below $100K and more than $1 million. Deals below $100K accounted for 59% of deals in the last twelve months, up from just over a third in the previous period. Meanwhile, the share of deals exceeding $1 million remained steady at around 20%. - In the past decade, AgTech startups offering direct or indirect climate-smart solutions have accounted for 40% of total funding across all AgTech startups. Over the past twelve months, AgTechs offering climate-smart agriculture solutions have attracted 53% of total funding, with most of those products addressing both climate adaptation and mitigation. Download the report to explore more of these insights: https://lnkd.in/gFNb-fyd #AgTech #Investment #Africa #AgBase #AgTech #Investment #Africa #FundingFlows #Agriculture #MarketIntelligence #StateOfAgtechInAfrica2024
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The two most common ticket size ranges for deals to AgTech startups were below $100,000 and more than $1 million. Deals below $100,000 accounted for 59% of deals in the last twelve months, up from just over a third of deals in the previous period. While these very early-stage deals saw the largest growth, deals more than $1 million remained somewhat stable at around 20%, and other mid-range ticket sizes declined. Download the report to explore more of these insights: https://lnkd.in/gFNb-fyd Bill & Melinda Gates Foundation Briter Foreign, Commonwealth and Development Office #AgTech #Investment #Africa #AgBase #AgTech #Investment #Africa #FundingFlows #Agriculture #MarketIntelligence #StateOfAgtechInAfrica2024
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As one of the key highlights of #AESIS2024, this year’s ABAN Angel Investment Survey unveiled groundbreaking insights into Africa’s vibrant angel investment ecosystem. Here are some key takeaways: 1️⃣ 72% of angel investors remained active over the past year, showcasing resilience amidst global funding challenges. 2️⃣ Investments are diversifying, with agriculture and agtech surpassing fintech as the top sector of interest. 3️⃣ 203 local angel investors participated in deals, driving innovation and economic growth across the continent. 4️⃣ Female angel participation continues to grow, with impactful contributions to the investment landscape. We sincerely appreciate our partners- the Dutch Good Growth Fund (DGGF), African Angel Academy, and Briter - and all contributors who made this survey possible (Harry 'Tomi Davies, Joe K., Joel Nana Kontchou, Ndita Mulimbeni,Maha M., Lina Kaceyem, Martin Warioba, Rodrique M., Alexandra Fraser and Mohamed Ihab) If you haven't looked at the survey, you can do so here: https://bit.ly/4g0A02h Launch Africa Ventures Cameroon Angels Network Zambia Business Angels Network COREangels MEA Warioba Ventures Serengeti Angels Viridian HoaQ UNDP UNDP Africa Catalytic Africa Ahunna Eziakonwa Fadilah Tchoumba TechCabal Disrupt Africa
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The UNDP and Kenya’s Ministry of Information, Communications, and Digital Economy have launched the Timbuktoo GreenTech Hub Accelerator Programme targeting African startups. The program will provide mentorship, investment, and partnerships to scale renewable energy innovations that address Africa’s energy needs. Startups in areas like energy access, low-carbon technologies, and sustainable mobility will gain access to global experts, funding, and an international investor network. This initiative is part of a broader plan to support 10,000 startups over the next decade, driving green industrialization and economic growth across Africa. Kehinde Ayodeji Bolaji, Ph.D Stella Wekesa Arnold Njogu Stephen Githaiga Jose Neil A. Manzano Taye Amssalu Evelyn Koech Flora Njogu Jacqueline Tsuma Judith Mulwa Yvonne Nyokabi Gachugi Nzomo Omar El Fakharany Josie Raine Lala Mariam Dabo Penina Machoka Yosief Abraha #empowerafrica #africa #investinafrica #GreenTechHub #RenewableEnergy #AfricanStartups #UNDP #SustainableDevelopment #Innovation #ClimateAction #EnergyAccess #TechForGood #GreenEnergy #CleanEnergy
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💻 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
🌍 Explore Innovative Climate Adaptation Solutions in Africa and Beyond! GreenTec Capital Partners Capital, in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH's PrivABoo initiative, is thrilled to present our latest Investor Dealbook, showcasing the cohort of 17 climate-focused startups from Rwanda, Nigeria, Kenya, and Pakistan. This Dealbook highlights both profitable investment opportunities and impactful, innovative solutions that are advancing renewable energy, sustainable agriculture, waste management, and clean technology, driving meaningful progress in these critical sectors. In this Dealbook, each factsheet provides insight into the startup’s innovative model, growth potential, and impact-driven solutions addressing some of today’s most pressing environmental challenges. Investing in climate adaptation isn’t just a financial decision; it’s a step toward creating a resilient, sustainable future. Each startup in this portfolio represents resilience and innovation, showing that meaningful change is within reach. ✨ Join us in supporting the solutions of tomorrow! This and other initiatives are part of our ongoing efforts to highlight and support innovative climate adaptation SMEs from Nigeria, Kenya, Rwanda, Pakistan—all part of the 2nd PrivABoo SME Core Group. 🌐 For more information, visit https://lnkd.in/dtMyAQzP 📩 Contact: Denise Engel, Head of Project, NDC Assist II, [email protected] Please note: This is not investment advice. However, we are available to assist in assessing these companies, offer expert insights as venture builders, or connect you with market experts to evaluate the industry. #ClimateAdaptation #ImpactInvestment #SustainableFuture #GreenTecCapital #PrivABoo #GIZ #Investor #Dealbook #Pitch #Rwanda #Nigeria #Kenya #Pakistan #Renewables #Capital #VentureCapital #Africa #Startup #SME #CleanTech #ClimateTech Tobias Straube Thomas Festerling Josué Arguedas Denise Engel Fayo Williams Wajahat Iqbal, PMP, CBAP Henri Nyakarundi Andrew Gwadiva Florian Justus
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🌍 Explore Innovative Climate Adaptation Solutions in Africa and Beyond! GreenTec Capital Partners Capital, in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH's PrivABoo initiative, is thrilled to present our latest Investor Dealbook, showcasing the cohort of 17 climate-focused startups from Rwanda, Nigeria, Kenya, and Pakistan. This Dealbook highlights both profitable investment opportunities and impactful, innovative solutions that are advancing renewable energy, sustainable agriculture, waste management, and clean technology, driving meaningful progress in these critical sectors. In this Dealbook, each factsheet provides insight into the startup’s innovative model, growth potential, and impact-driven solutions addressing some of today’s most pressing environmental challenges. Investing in climate adaptation isn’t just a financial decision; it’s a step toward creating a resilient, sustainable future. Each startup in this portfolio represents resilience and innovation, showing that meaningful change is within reach. ✨ Join us in supporting the solutions of tomorrow! This and other initiatives are part of our ongoing efforts to highlight and support innovative climate adaptation SMEs from Nigeria, Kenya, Rwanda, Pakistan—all part of the 2nd PrivABoo SME Core Group. 🌐 For more information, visit https://lnkd.in/dtMyAQzP 📩 Contact: Denise Engel, Head of Project, NDC Assist II, [email protected] Please note: This is not investment advice. However, we are available to assist in assessing these companies, offer expert insights as venture builders, or connect you with market experts to evaluate the industry. #ClimateAdaptation #ImpactInvestment #SustainableFuture #GreenTecCapital #PrivABoo #GIZ #Investor #Dealbook #Pitch #Rwanda #Nigeria #Kenya #Pakistan #Renewables #Capital #VentureCapital #Africa #Startup #SME #CleanTech #ClimateTech Tobias Straube Thomas Festerling Josué Arguedas Denise Engel Fayo Williams Wajahat Iqbal, PMP, CBAP Henri Nyakarundi Andrew Gwadiva Florian Justus
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🌍 Latest Investment News in Africa: Driving Innovation and Growth 🚀 Exciting times ahead for the African startup ecosystem! 🌱 1️⃣ Fintech Explosion: African fintech startups continue to attract significant investments, with recent funding rounds hitting new highs. Startups like Flutterwave and Chipper Cash are leading the charge, revolutionizing financial services across the continent. 💳💸 2️⃣ Green Energy Investments: There's a growing focus on sustainable energy, with investors pouring funds into renewable energy projects. Companies like M-KOPA and d.light are expanding access to clean energy solutions, lighting up rural Africa. 🌞🔋 3️⃣ Agritech Advancements: Agritech is transforming Africa's agricultural landscape. Recent investments in startups like Twiga Foods and Apollo Agriculture are enhancing food security and creating new opportunities for farmers. 🌾🚜 4️⃣ Healthtech Innovations: The healthtech sector is booming, with startups like Helium Health and mPharma receiving significant funding. These companies are improving healthcare access and delivery across Africa. 🏥💉 5️⃣ Impact Investing: Investors are increasingly focused on impact, funding initiatives that drive social and environmental change. This trend is crucial for addressing Africa's unique challenges while fostering sustainable development. 🌍🤝 At Bilow Capital, we're excited to be part of this dynamic investment landscape, supporting innovative startups that are shaping the future of Africa. 💼✨ #InvestmentNews #AfricaStartups #Fintech #GreenEnergy #Agritech #Healthtech #ImpactInvesting #BilowCapital
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#KeyFact: Africa faces a $213.4 billion annual funding gap in climate financing, while the Green Economy has the potential to create over 10 million jobs and contribute $250 billion to the continent's GDP by 2030. If you're looking to scale your venture and attract the right investors, this is the panel to attend! The Blue Economy alone could generate $300 billion in activities and support nearly 50 million jobs. At AfriLabs Annual Gathering 2024, we’ll dive deep into unlocking these opportunities. Join our expert panel as they explore what it takes to secure impact investment in sectors like renewable energy, sustainable agriculture, and the circular economy. Get ready to position your venture for investment success in Africa’s booming Green & Blue Economy. 💡 Unlock the strategies to get investor-ready from the brightest minds in the field. 🔹 Track: The Green & Blue Economy 🔹 Panel Discussion: Impact Investment Readiness – What It Takes to Hook an Impact Investor Moderator: 🎙️ David Ogiga – Co-Founder, Sote Hub Expert in SME and micro-enterprise development across climate, agriculture, and blue economy sectors in East Africa. Panelists: 🎙️ Uche Ekeledo – CEO, Fosu Leading innovative AgTech solutions minimizing food loss through AI-driven platforms. 🎙️ Tony Lee Luen Len – Senior Partner, Ecosis Global sustainability expert in smart cities, green buildings, and circular economy strategies. 🎙️ Chris Browne – MEL Lead, Mercy Corps – Energy 4 Impact Developing frameworks for micro-enterprises to maximize energy use, doubling profits for participants in Tanzania. 🎙️ Mercy Kimalat – Executive Director, ASSEK Champion for the growth of SMEs and startups, leading over 150 entrepreneur support organizations in Kenya. 🎙️ Anuradha Bajaj – Chief Innovative Finance Officer, The Earthshot Prize Catalyzing the flow of private capital into high-risk sectors to solve global social and environmental challenges. This is your chance to learn from the best and position your venture for investment success! 🎟️ Tickets are going fast! Secure yours today and be part of Africa’s next big leap: 👉 https://lnkd.in/d3nr7xWM #AAG2024 #AfriLabs #ImpactInvesting #GreenEconomy #BlueEconomy
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On this week's numbers of the week, we shine the light on these top investors and startups in GreenTech in Africa: AfricaGoGreen Fund, Equator Energy and Nithio. With significant funding rounds and commitments to support climate resilience and sustainability, these investors are making a real impact in the region. Stay tuned for more updates on the latest investments and initiatives. Info source: ClimateHack Weekly #StartupCapsAfrica #GreenTechAfrica #InvestorsToWatch #SustainableFuture
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Excited to have attended the #sankalpafrica2024 Investment Summit last week! The summit aimed to discuss ways to increase financing for greener and more inclusive growth across Africa. It brought together innovators, entrepreneurs, investors, founders, SMEs, in the impact and sustainable investment economy space. They shared valuable insights and opportunities for collaboration to unlock climate financing opportunities for Micro, Small, and Medium Enterprise growth. I was impressed by their businesses' use of technology and innovation to address some of Africa's pressing challenges, such as #climatechange, #wastemanagement, #pollutioncontrol,#renewablenergy, #healthcare, and #foodsecurity. This year's Sankalp Forum theme was "Catalyzing Impact: Igniting Africa's Potential for Just Transition." It invited attendees to focus on designing more inclusive approaches to identifying and funding #green startup initiatives in Africa. This is at the core of Charm Impact's work, and I look forward to turning our conversations into action. I am also thrilled to have been featured in CapitalFM Station. Check out the piece below to learn more about my experience at the summit and how Charm Impact is contributing to the growth of a greener and more inclusive Africa! #partofthecharm,#sustainability #blendedfinance #cleanenergy, #Impactinvesting Gavriel Landau,Lorraine Vuguza Indangasi,Samuel N. Follow this link to access the full interview: https://lnkd.in/dD8JVnhb
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