Products

Signal Tracker Data Platform Data Enrichment API Intelligence desk

Solutions

Inward Investment & Aftercare Deal Origination Executive Search Corporate Development Signal-Based Outbound Competitive Intelligence Funding Signals Competitor Monitoring For Sales Teams For Founders For Agencies For Investors

Explore

Companies Live Signals Markets Trends

Resources

Signal Checker Blog Integrations FAQ Contact Pricing
Login Book a demo
Africa GreenCo logo — Leading innovation and sustainably transforming renewable en...

Africa GreenCo

Leading innovation and sustainably transforming renewable energy markets

Founded 2020 Zambia Zambia 35 employees Venture round Total: $15.50M Energy, Renewable Energy

General Information

Company Name Africa GreenCo
Founded Year 2020
Location Zambia Zambia
Employees 35
Industries Energy, Renewable Energy
Funding Stage Venture round
Social

BounceWatch is an independent company data service, not affiliated with Africa GreenCo. To contact Africa GreenCo, visit africagreenco.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

About Africa GreenCo

**Africa GreenCo** is a **renewable energy** startup with a mission to revolutionize energy markets in sub-Saharan Africa. Founded in **2020** and based in **Zambia**, the company aims to address the challenges associated with credit risks in the region's energy sector. The current lack of creditworthy offtakers, coupled with the weak financial position of utilities, presents a barrier to private sector investment in energy generation. With a focus on becoming a financially sustainable intermediary offtaker and power trading company, **Africa GreenCo** introduces an innovative **multi-buyer model**. This approach mitigates the risks associated with utility default by acting as an intermediary aggregator between buyers and sellers. By stimulating regional electricity trading and optimizing resources on a regional basis, the company seeks to attract sustainable investments and facilitate the efficient use of available and new resources. The startup's recent milestone includes securing a significant **$15.50M Venture Round** investment on **09 May 2022**. The investment was led by **EDFI ElectriFI**, **Danish Investment Fund for Developing Countries**, and **InfraCo Africa**. **Africa GreenCo**’s initiatives align with the goal of increasing the supply and demand for finance in energy projects, mobilizing private sector capital, and accelerating critical capacity additions. By doing so, the company aims to relieve pressure on utilities and reduce financial liabilities for sovereign governments. With a firm commitment to transformation and sustainable innovation, **Africa GreenCo** is poised to lead the way in driving positive change in the renewable energy landscape.

Taxonomy: Africa, Energy Generation, Private Sector Investment, Power Sector, Offtake Aggregator, Regional Electricity Trading, Financial Sustainability, Sustainable Investments, Capacity Additions, Electricity Markets, Financial Liabilities, Energy Projects, Sovereign Governments, Credit Risk Mitigation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $15.50M 3
EDFI ElectriFI
EDFI ElectriFI, Danish Investment Fund for Developing Countries +1
09 May 2022

Africa GreenCo Alternatives & Competitors

View All Alternatives
Africa GreenCo vs
Emirates Nuclear Energy Company
Emirates Nuclear Energy Company United Arab Emirates

24/7 clean electricity: powering progress & prosperity

3558 employees
Energy, Renewable Energy
Africa GreenCo vs
Intersect Power
Intersect Power

Enabling new pathways between clean electricity and the broader economy

Private Equity
261 employees
Energy, Renewable Energy
Africa GreenCo vs
Genser Energy
Genser Energy United States

Powering the future of Africa, sustainably.

Debt Financing
305 employees
Energy, Renewable Energy
View all alternatives

FAQ About Africa GreenCo

Leading innovation and sustainably transforming renewable energy markets
Africa GreenCo was founded in 2020.
Africa GreenCo is headquartered in Zambia.
Africa GreenCo operates in Energy and Renewable Energy. Its work centres on Africa, Energy Generation, Private Sector Investment and Power Sector.
Africa GreenCo has approximately 35 employees.
Africa GreenCo has completed 1 funding round, raising a total of $15.50M. The latest funding stage is Venture round.
Top alternatives and competitors to Africa GreenCo include Emirates Nuclear Energy Company, Intersect Power, Genser Energy, Eastern Generation, The Renewables Infrastructure Group Limited (TRIG). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Africa GreenCo and Emirates Nuclear Energy Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Africa GreenCo, https://bouncewatch.com/company/africa-greenco, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes