Capital is at risk and returns are not guaranteed. These are fixed-term bonds and are not readily realisable. Investments are not covered by the Financial Services Compensation Scheme (FSCS). Learn more.

Track record of our investments

Here is an overview of Energise Africa's investment portfolio as of 1st July 2022.
Please note that this page is updated on a quarterly basis.

Partner Borrowing History

BusinessCountryActive sinceNumber of campaignsTotal borrowing to date
Altech Group SARL
DRC
Mar 2021
6
£2,500,000
Azuri Luminosa Ltd.
UK
Oct 2019
11
£3,450,000
Azuri Tech SSPV1 Ltd.
UK
Aug 2017
19
£3,200,000
BBOXX Capital Ltd.
UK
Apr 2018
7
£2,250,000
candi solar BV
Netherlands
Dec 2020
6
£2,550,000
iProcure Ltd. (Fortem Holdings)
Mauritius
Aug 2021
2
£625,000
New Light Africa Ltd.
UK
May 2018
1
£70,000
Oolu SARL
Senegal
Aug 2018
33
£4,704,150
REDAVIA Gmbh
Germany
Oct 2019
11
£2,500,000
Simusolar Inc.
USA
Sept 2018
12
£1,368,350
Solarise Africa Ltd.
Mauritius
Nov 2021
4
£2,100,000
SolarNow BV
Netherlands
Aug 2017
3
£400,000
SolarWorks! Trading BV
Netherlands
Dec 2017
19
£1,527,350
Sollatek Electronics Kenya Ltd.
Kenya
Nov 2017
42
£2,573,800
SunTransfer Kenya Investment Ltd.
Kenya
Oct 2017
4
£500,000
upOwa SAS
France
Aug 2018
11
£1,097,550
Grand total
191
£31,416,200

Partner Repayment History

BusinessCurrent Amount BorrowedCapital Repaid to DateCapital Returns OverdueCapital Written Off
Altech Group SARL
£2,350,000
£150,000
~
~
Azuri Luminosa Ltd.
£2,360,000
£1,090,000
£2,360,000
-
Azuri Tech SSPV1 Ltd.
-
£3,200,000
-
~
BBOXX Capital Ltd.
£166,667
£2,083,333
~
~
candi solar BV
£2,121,429
£428,571
~
~
iProcure Ltd. (Fortem Holdings)
£500,000
£125,000
~
~
New Light Africa Ltd.
~
£0.00
£0.00
£70,000
Oolu SARL
£2,000,117
£2,704,033
~
~
REDAVIA Gmbh
£997,667
£1,502,333
~
~
Simusolar Inc.
£487,783
£880,567
£487,783
~
Solarise Africa Ltd.
£1,600,000
N/A
~
~
SolarNow BV
£70,000
£225,000
£70,000
£105,000
SolarWorks! Trading BV
£686,683
£840,667
£686,683
£0.00
Sollatek Electronics Kenya Ltd.
£834,450
£1,739,350
~
~
SunTransfer Kenya Investment Ltd.
£400,000
£100,000
£400,000
£0.00
upOwa SAS
£401,725
£690,075
£401,725
~
Grand total
£15,758,929
£4,406,191
14.0% (of total borrowing to date)
£175,000
0.6% (of total borrowing to date)

Azuri Luminosa Ltd - The company are currently negotiating a restructure, with an inter-creditor agreement expected in Q3 2022.
New Light Africa Ltd - In liquidation - Full loss to investors
Simusolar - The company has requested a repayment holiday unti the end of 2022, with work ongoing to negotiate when repayments will resume. 
SolarNow BV - Debt was restructed in Jan '20 with a 20% write-off at that point, and further 20% write-offs in Jan '21 & '22. 
SunTransfer Kenya - Energise Africa is working on an Intercreditor Agreement with the aim of resuming repayment. No repayments made on borrowing since Sept '18.
SolarWorks! Trading BV - Debt was restructured with 12 month capital repayment holiday agreed. Further restructuring is currently being negotiated.
upOwa - The company has requested a repayment holiday unti the end of 2022, with work ongoing to negotiate when repayments will resume.

Note on methodology for overdue amounts: At the point that an Issuer has failed to make repayment on part of their borrowing in line with the advertised repayment schedule, then the full outstanding balance of their facility is shown as overdue (even where an agreement has been reached on amended repayment terms).