Africa GreenCo
A Continent Energized
Africa GreenCo was founded in 2018, is headquartered in Lusaka, Zambia, lists 51–200 employees, and has $15.5M in recorded funding across 2 rounds.
- Headquarters
- Lusaka
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- africagreenco.com
- Total Funding
- $15.5M
- Last Round
- $15.5M Growth EquityMay 2022
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.
About
Africa GreenCo is a renewable energy aggregator and trader operating across Southern Africa, enabling private sector investment in clean power markets in Zambia, Zimbabwe, Namibia, and South Africa. The company aggregates and trades power from renewable sources, supplying utilities, private sector offtakers, national trading markets, and the Southern African Power Pool (SAPP), with over 2.5 TWh traded and $100M+ in approved transactions. Established in 2018 as GreenCo Power Services Limited in Zambia, the company is licensed by Zambia's ERB under a Trading Licence and holds licences in each country of operation. Africa GreenCo's shareholders include IFU (the Danish Investment Fund for Developing Countries) and InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and its customers include First Quantum Minerals, Coca-Cola Zambia, and Sibanye Stillwater.
Summary
Africa GreenCo is a Renewable Energy company based in Lusaka, Zambia, founded in 2018. It lists 51–200 employees. It has raised $15.5M in total across 2 rounds, most recently a $15.5M Growth Equity round in May 2022. Investors include IFU and ElectriFI.
Tech & App Stack
2 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
May 2022
Sign up to see all 2 events
Funding: Venture Round through Growth Equity. Amounts, valuations, and investors where available.
Investors
Similar Companies
Fervo Energy develops, owns, and operates next-generation geothermal projects that provide around...
Clean energy and data center infrastructure developer; agreed to be acquired by Alphabet in 2025.
Germany's leading integrated renewable energy company offering solar panel subscriptions, battery...
Solar developer that provides landowners and businesses guaranteed long-term lease payments to ho...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/africa-greenco"><img src="https://indexed.vc/api/badge/company/africa-greenco" alt="Africa GreenCo on Indexed.vc" width="260" height="76" /></a>