Germany Africa Business Forum announces Multi-million Investment in German-African Energy Start-ups
A funding commitment for the development of renewable energyAugust 01st, 2019
The Germany Africa Business Forum, in partnership with private partners from the energy industry, has announced that it has launched a multi-million Euro funding commitment to invest in German energy startups that focus on Africa.
The funds will be put towards “solution-driven” German start-ups with pragmatic business models to solve Africa’s energy challenges through the provision of German technology and innovation.
According to NJ Ayuk, a pan-African energy dealmaker, CEO of Centurion Law Group and Executive Chairman of the African Energy Chamber, when German start-ups and Africans work together, solutions to the energy problems in Africa could be solved. Moreover, the GABF brings together Africa’s executives and German companies, investors, and innovators to create change that the region needs the most.