BioLite’s Post

Last year, in collaboration with the GSMA - Mobile for Development Innovation Fund, we, at Koolboks, successfully executed a major project aimed at fostering #sustainability and #financialinclusion for women traders in Nigeria. Securing funding, and managing this project, it not only champions #environmentalresponsibility, but also empowers women economically, marking a significant stride towards a more #inclusive and #sustainablefuture, by providing our innovative solar-powered refrigeration solution, and enabling customers to pay in installments, thanks to our Pay-as-you-go (PAYG) technology. Shooting this video with some of the beneficiaries of the project, and having a firsthand report of the #impact being made, goes to iterate my commitment to #energytransition projects, as well as the importance of #partnerships in bringing these projects to all and sundry. Watch the video to witness the impact of our joint efforts in promoting #greenenergy and supporting women's #economicempowerment, by improving their livelihoods. Special shoutout to the project teams for the support and hard work. Natalie Casey, Blessing Omaga, Mary Njoroge, Leonard Kore, Mark Muhia. #ukaid #energy #startup #projectmanagement #businesscommunications

More key insights from this year's Partech Africa Report, authored by our colleagues of the Partech Africa Investment team. 𝗧𝗼𝗱𝗮𝘆'𝘀 𝗳𝗼𝗰𝘂𝘀: 𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝘁𝗵𝗲 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝘁𝗲𝗰𝗵 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺, 𝘆𝗲𝘁 𝗖𝗹𝗲𝗮𝗻𝘁𝗲𝗰𝗵 𝗶𝘀 𝗴𝗮𝗶𝗻𝗶𝗻𝗴 𝗴𝗿𝗼𝘂𝗻𝗱 ! Since the launch of the Partech Africa report in 2016, Fintech has been the number 1 sector in Africa for both fundings and deal numbers. This year is no exception with 24% of deals (113) and 37% of the total equity investment, slightly down from 39% in 2022. Yet, 2023 emphasizes the evolving nature of the African tech ecosystem with Cleantech, aka tech to improve environmental sustainability, consistently attracting larger investments. Last year, Cleantech accounted for nearly 50% of all debt fundings (1st place), through 18 deals (+13% YoY) and claimed 3rd position in equity fundings. These rounds involved start-ups building a sustainable future all over Africa in the Energy field (Husk Power Systems, Wetility, Nuru), Food & Agriculture (Victory Farms, Complete Farmer), Water, Sanitation... And good news, Cleantech is gaining increased attention from both founders and investors due to its crucial role in sustainable development; a trend that is expected to grow in the coming years. Want to explore opportunities for your business in Africa? Get in touch with us: https://lnkd.in/eMArBnde #tech #africa #europe #fintech #climatetech #cleantech

Unlocking Nigeria's Economic Potential in 2024 🚀 Embrace the new year with strategic moves to reduce import dependency! Explore sector-specific opportunities: 1. 🌾 Agriculture: Invest in modern farming and value chains for food security. 2. 🏭 Manufacturing: Strengthen local industries, reduce bottlenecks, and create jobs. 3. 💡 Technology: Foster innovation, support startups, and drive tech advancements. 4. 🌿 Renewable Energy: Embrace sustainable practices for energy independence. 5. 🩺 Healthcare: Boost pharmaceuticals, research, and healthcare infrastructure. 6. 🛤️ Infrastructure: Develop robust systems for enhanced competitiveness. Let's make 2024 a year of economic resilience and growth! 💪🇳🇬 #NigeriaEconomy #economicgrowth #innovation2024

Blessing Adukwu of Argentil Capital Management Limited  has been featured as the author of the article titled: “Sectoral updates: Insight into key sectors such as #technology, #healthcare, #energy, and #agriculture and their attractiveness for investment” in the recently published PEVCA Nigeria 2024 Mid-Year Review and Strategic Outlook. The piece explores #Nigeria's vibrant investment landscape, delving into the #technology, #healthcare, #energy, and #agriculture sectors.   Key highlights include the latest regulatory developments and policies supporting #renewable energy and #agricultural innovation. These insights are crucial for investors aiming to navigate Nigeria’s unique opportunities and challenges.

BIO - the Belgian Investment Company for Developing Countries has granted a $15 million loan to Mutual Trust Bank PLC (MTB) to enhance its portfolio for micro, small, and medium enterprises (MSMEs) as well as sustainable financing initiatives. The loan will have a tenure of five years, including a one-year grace period, while the interest rate will be the Secured Overnight Financing Rate (SOFR) of 6 percent plus below 3 percent. This loan, BIO's first foreign currency transaction in Bangladesh, underscores a mutual commitment to generating significant positive impacts on both the economy and the environment. Read more to generate a fully informed opinion: https://lnkd.in/gFJvqCCB #MTB #Brandupdates #Bio #Bangladesh #Belgium #Investment #Markedium

How green is your money? 💰🌱 Chances are, you've already caught wind of the buzz surrounding the first Swiss digital sustainability bank, radicant bank. radicant launched this summer, offering a completely new approach to sustainable banking and investing. At GreenBuzz, we share and support radicant’s values and vision, applying a focus on the 17 UN sustainable development goals in all business activities. That means, if you invest with radicant, you see more than your financial profit. You also see how the impact of each company in the portfolio aligns with the planet and society. Similarly in banking: radicant makes sure the money on your bank account (no base fee and up to 1.5% interest) has an impact as well: By aligning as much as possible in projects supporting climate action. Furthermore, each payment is supporting the regrowth of mangroves in Kenya. 🌳💚 Sounds good? 🚀 Open your account today at https://lnkd.in/eBaFAcat #greenbuzz #sustainablefinance #UN #SDGs #radicantbank

🌍⚡️ Empowering communities in sub-Saharan Africa, Africa GreenTec (AGT) is not just a company; it's a force for positive change! 🌱 As a German and African social enterprise specializing in renewable energy solutions, AGT is at the forefront of fostering self-determination and growth in rural areas. 🏡💪 Based in Hainburg, Germany, Africa GreenTec AG takes the lead as the issuer and seller of the transformative AGT Impact Tokens. 🌐🔐 These tokens, encapsulated in V.I.T.A. (Verified Impact Token AGT.), symbolize more than just renewable energy; they signify a pathway to a brighter, sustainable future for underserved communities. AGT's mission transcends borders, bridging the gap between technological innovation and social impact. 🤝🔆 By providing renewable energy solutions, AGT empowers communities to break free from energy poverty, unlocking opportunities for education, healthcare, and economic development. Join us on this journey of positive change and get your V.I.T.A. now 🔗 https://lnkd.in/eG32ivuF leonardo. LOOMPACT #InvestInWomen #CrowdInvesting #SmallBusiness #Entrepreneurship #Africa #loompact #loompactnft #loompactnfts # #Pioneering #Paradigmshift #Measurableimpact #Firstever #LimitedNFT WE DO.

Crop2Cash is bringing financial inclusion to farmers in Nigeria. Smallholder farmers are often overlooked by banks, keeping them on the fringes of the financial system, with little leverage to grow their businesses. Enter Crop2Cash, an agtech startup transforming how local farmers access banking, credit, agricultural inputs, warehousing, and insurance through a single platform. Learn more about how Crop2Cash is changing the Nigerian agricultural landscape and our recent investment in this impact-creating startup through our Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund here: https://bit.ly/3xjO4D2

It was wonderful meeting different experts from #Zimbabwe #Zambia #SouthAfrica among other #SADC countries at Impact Capital Africa who are involved in nature based solutions, green economy projects and impact funding. We had a wonderful learning experience through topic focused roundtable sessions on various topics centered on agriculture, technology, mining and renewable energy. SMEs in #Zambia pitched their projects to various impact investors who are willing to assist them with impact funding to develop business models that benefit the marginalized population. There is a huge opportunity for SMEs in Sub-Saharan Africa who venture in food and agriculture, technology, renewable energy among others with businesses models that are tackling social and environmental issues to access impact funding. DNV - Business Assurance Lynda TEZKRATT DNV - Supply Chain & Product Assurance Greg Markwell Dounia BENHAMIDA Chiyedza Heri Geraldine Mupandanyama Wyson Lungu Prospero British International Investment #impactfunding #greeneconomy #sustainability #climatefinance #carbonfinance

#40Days40FinTechs Season 5 | Day 6 Essymart Africa, an agri-tech enterprise, is making a significant impact on smallholder farmers in Eastern Uganda. Using USSD technology, they provide farmers with essential information and resources to thrive. Watch the video: https://lnkd.in/d3ehZMJz #IncludeEveryone #LevelOneProject HiPipo