GreenTec Capital Partners today announced that the GreenTec Capital Africa Foundation has started its activities in Europe and in Africa in a bid to promote investment in African entrepreneurship with the goal of driving the creation of economic and social added-value.
The foundation’s team will work with African entrepreneurship ecosystem players, investors, and corporates from Europe and Africa as well as public and private institutions.
The foundation aims to help investors and companies benefit from shared knowledge and expertise with regards to investments in African entrepreneurship through collaboration with the foundation’s efforts. Moreover, the GreenTec Capital Africa Foundation will work with public and private institutions to fulfil joint missions, improving time-to-impact ratios through strengthened partnership contributions.
According to Thomas Festerling, GreenTec Capital Africa Foundation’s CEO: “Investing in African entrepreneurs can bring a manifold of positive outcomes in the form of economic success; for investment and for local value. In order to invest or to receive investment it is crucial to have the right knowledge, the right partners and local and global visibility.”
The GreenTec Capital Africa Foundation will collaborate with organizations who see the value in the approach and are willing to make a long-term difference.
GreenTec Capital’s portfolio include Boreal Light, PEBL, Divine Masters,
Bio Phyto Collines, Netwookie, LegAfrik, AgroCenta, Parcel-IT, Bismart, SuperFluid Labs, Yusudi LTD, ARED – African Renewable Energy Distributor, Farmcrowdy, NOK360, Afrilife and African Bamboo.
The foundation will support the pan-African startup ecosystem to create jobs and transfer knowledge and value to the society. By putting the spotlight on these entrepreneurs and sharing knowledge the foundation believes it can create an environment that facilitates the creation of global partnerships for investments, technology exchange or market access.