Africa GreenTec AG

Last update
12.2022
About the Company
Africa GreenTec is a German social enterprise which empowers people in the Global South to achieve more self-determination and growth through sustainable energy solutions. With our sustainable system solution we build ImpactSites, in which entire village communities in rural areas are equipped and empowered with electricity and modern technologies, such as state-of-the-art solar energy, smart meter technology, cooling systems, water treatment and internet access.
Founded
04.2017
Type
For-Profit Company
Industry
Renewables / Environment
Number of Employees
101-500
Headquarter
Impact activity regions
n/a
Investment stage
Series B Open for invest
Our Goal
Quality of Life Improvement
SDG logo
Scale / Period
percent (%) / cumulated
Goal (12.2025)
5
Actual (05.2021)
0
People with access to clean electricity
Primary KPI
SDG logo
Scale / Period
people (people) / cumulated
Goal (12.2025)
452274
Actual (12.2022)
61597
Description of impact
The number of households AGT has provided electricity to multiplied by an assumption of the average household size that comes from an independent survey in our villages.
Businesses with clean energy access
SDG logo
Scale / Period
abs.number (|x|) / cumulated
Goal (12.2025)
13598
Actual (12.2022)
989
Description of impact
Africa GreenTec measures its contribution to SDG 8 (Decent Work & Economic Growth) through the indicator "number of small businesses empowered". The indicator is measured by multiplying the number of customers by a factor that expresses a percentage of customers who use the electricity for income generation. This factor is currently assumed to be 21% based on a field survey an external party (60 decibels) conducted in Mali in 2022.
Avoided Greenhouse Gas Emissions
SDG logo
Scale / Period
metr.tonnes (t) / per year
Goal (12.2025)
64402
Actual (12.2022)
3907
Description of impact
Tons of CO2 reduced based on official UNFCCC CDM methodology "AMS-I.L. Electrification of rural communities using renewable energy (version 3)"
Our footprint
Greenhouse Gas emissions along Supply Chain
Primary KPI
SDG logo
Scale / Period
metr.tonnes (t) / cumulated
Budget (12.2025)
250000
Actual (12.2022)
3045
Description of footprint
According to a scientific life cycle assessment, each Solartainer has a footprint of about 145 tCO2.
Investors
Company Name Financial vehicle SDG Impact Regions Invest. round Invest. date