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Greentech Africa 2024

An investment-readiness accelerator designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change across Africa.

  1. ABOUT THE PROGRAM
  2. ELIGIBILITY
  3. BENEFITS
  4. TIMELINE

About the program

Greentech 2024: The Future of Sustainability is an investment-readiness accelerator designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change. 

Supported by Moody’s Foundation, the Africa program will prioritize diverse-led startups and/or startups from Egypt, Kenya, Nigeria, Senegal, and South Africa, that promote sustainable solutions for underestimated communities.

Meet the Cohort

Efika for Manufacturing

Efika for Manufacturing (Giza, Egypt) fully integrates solar power systems' operation and maintenance services for solar power plants.

Greentech 2024: Startups Shaping the Future of Sustainability

Eligibility

Eligibility requirements include:

  • Must be a for-profit entity with legal incorporation and operations in at least one of these African countries: Egypt, Kenya, Nigeria, Senegal, and South Africa. 

  • Have a market-based tech solution that tackles the above-listed challenges in Egypt, Kenya, Nigeria, Senegal, and South Africa. 

  • Be in compliance with local fiscal and business law.

  • Have at least a minimum viable product (MVP), some traction under their belt, and raised less than USD 1M in equity.

  • Have meaningful customer or business validation (not limited to revenue, it can also be successful pilot studies, number of users, and/or strategic partnerships).

  • Have at least one full-time founder based in Egypt, Kenya, Nigeria, Senegal, or South Africa.

Types of startups we are recruiting:

Cleantech and Climate Tech

These are solutions leveraging technology to address climate change, reduce environmental damage, or improve the environmental quality of polluted natural resources. Examples include: renewable energy, alternative mobility, carbon capture, bio-based plastics, and alternative fuels.

Agtech and Food Security

This includes companies using technology to address healthy nutrition, improve efficiency, increase yields, reduce costs, and boost sustainability in agriculture and agricultural practices. Examples include: precision agriculture, automated equipment, smart greenhouses, livestock management, biotechnology, and vertical farming.

Circular and Regenerative Economy

Companies innovating using technology to minimize waste, pollution, and greenhouse gas emissions through sustainable use of natural resources. Examples include: waste management, sustainable fashion, circular solutions in construction, biodegradable packaging, and bioenergy from animal waste.

Natural Resource Management

Companies leveraging technology for sustainable and responsible management of land, water, air, and wildlife. We’ll also focus on creative solutions addressing challenges around degraded land, deforestation, loss of habitat, loss of biodiversity, displacement, and endangerment of species. Examples include: reforestation, agroforestry, wildlife conservation, and using drones, AI, and remote sensing for monitoring and threat identification.

Water, Sanitation, and Health

These are tech-based companies creating solutions to improve access to clean water, sanitation, hygiene, good health, and well-being. Examples include safe drinking water, wastewater treatment, improved sanitation, and universal health coverage.

What you’ll get

Continued learning

Join interactive sessions tailored to help your startup identify early milestones and prepare for your next round of capital.

Mentorship

Opportunity to meet with and receive mentorship from prominent investors, potential strategic partners, customers, business leaders, and other founders.

Financial Advice

Access to an investment analyst who will coach you one-on-one on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.

Exposure

Exposure to Village Capital’s program website and other communications collateral.

Connections

Build deep connections with other founders in your cohort and the larger Village Capital investor and alumni network. Participate in investor and stakeholder forums with representatives from relevant institutions, corporations, and investors.

Advisory Board

Alek Drel

Alek Drel

Senior Director - Software Engineering, Moody’s

Dalia Abd-Allah

Dalia Abd-Allah

Senior Director - Innovation Hub, The American University in Cairo

1611586108904 - Joe Melly

Joe Melly

Senior Director - Insurance Strategy & Innovation, Moody’s

Laurent Marescot - 2020mid Color final cut Ln - Lau Ma

Laurent Marescot

Senior Director - Markets & Products, Moody’s

Mide Alonge

Mide Alonge

Manager - Selection & Growth, Endeavor

Olúwátóyìn Emmanuel-Olubake

Olúwátóyìn Emmanuel-Olubake

Investment Director, Novastar Ventures

Rachel Macauley

Rachel Macauley

Principal, DRK Foundation

Toffene Kama

Toffene Kama

Investment Principal, Mercy Corps Ventures

Learn more about mentoring with Village Capital.

Learn more about our Greentech accelerators around the world.

Want to learn more about our Greentech programs in partnership with Moody's around the world? Visit the program pages for Africa, Asia, and Latin America.

Program Timeline

March 4, 2024

Applications open

May 10, 2024

Applications close

July, 2024

Cohort confirmed

August, 2024

Online workshop 1

September, 2024

Online workshop 2

September, 2024

In-person workshop

Latest News

Village Capital Launches Call for Startups in Asia Focused on Greentech

Kuala Lumpur, Malaysia (March 4, 2024) — Village Capital, with support from Moody’s Foundation, launched Greentech 2024: The Future of Sustainability, an investment-readiness accelerator. The program is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change in Asia.

Village Capital Launches Call for Sub-Saharan Africa Startups Focused on Greentech

Nairobi, Kenya (March 4, 2024) – Village Capital, with support from Moody’s Foundation, launched Greentech 2024: The Future of Sustainability, an investment-readiness accelerator. The program is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change across sub-Saharan Africa.

Village Capital Puts Out Call for LatAm Startups Focused on Greentech

Mexico City (March 4, 2024) Village Capital, with support from Moody’s Foundation, launched Greentech 2024: The Future of Sustainability, an emerging markets initiative to run parallel investment-readiness accelerator programs supporting sustainable innovations.

Frequently Asked Questions

1. What is the main goal of the program?

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2. Are we required to travel?

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3. Do you take equity for participating in the program?

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