Social Impact Startups in Africa

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Social impact investing in West Africa is gaining traction, with players like Yalelo and UpEnergy making strides. Local business leaders recognize the potential for double bottom line returns, but emphasize the need for transparency, measurement, and alignment with local priorities to ensure genuine impact.

Cummulative Funding

$7M+

Total # of Companies

2

Total Deal Count

2

Total M&A Count

0

Total # of Investors

1

List of Social Impact startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Yalelo is a pioneer of aquaculture in Zambia.

Venture

$ 6,000,000

2011

2.

UpEnergy leverages climate finance to bring aspirational clean energy products within reach.

Debt Financing

$ 1,000,000

2011

Yalelo

Founded

2011

Overview

Yalelo is a pioneer of aquaculture in Zambia.

Last round

Venture

Total raised

$ 6,000,000

Employee

501-1000

UpEnergy

Founded

2011

Overview

UpEnergy leverages climate finance to bring aspirational clean energy products within reach.

Last round

Debt Financing

Total raised

$ 1,000,000

Employee

11-50

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