Track record of our investments
Here is an overview of Energise Africa's investment portfolio as of 1st July 2021.
Please note that this page is updated on a quarterly basis.
Partner Borrowing History
| Business | Country | Active since | Number of campaigns | Total borrowing to date |
|---|---|---|---|---|
Altech Group SARL | DRC | Mar 2021 | 1 | £750,000 |
Azuri Luminosa Ltd. | UK | Oct 2019 | 10 | £3,200,000 |
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 | 4 | £2,000,000 |
iProcure Ltd. (Fortem Holdings) | Mauritius | N/A | N/A | N/A |
New Light Africa Ltd. | UK | May 2018 | 1 | £70,000 |
Oolu SARL | Senegal | Aug 2018 | 28 | £3,635,400 |
REDAVIA Gmbh | Germany | Oct 2019 | 6 | £1,644,000 |
Simusolar Inc. | USA | Sept 2018 | 10 | £1,058,350 |
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 | 31 | £1,888,800 |
SunTransfer Kenya Investment Ltd. | Kenya | Oct 2017 | 4 | £500,000 |
upOwa SAS | France | Aug 2018 | 10 | £1,002,550 |
| Grand total | 154 | £23,126,450 |
Partner Repayment History
| Business | Current Amount Borrowed | Capital Repaid to Date | Capital Returns Overdue | Capital Written Off |
|---|---|---|---|---|
Altech Group SARL | £750,000 | N/A | ~ | ~ |
Azuri Luminosa Ltd. | £2,600,000 | £600,000 | ~ | - |
Azuri Tech SSPV1 Ltd. | £50,000 | £3,150,000 | - | ~ |
BBOXX Capital Ltd. | £666,667 | £1,583,333 | ~ | ~ |
candi solar BV | £2,000,000 | N/A | ~ | ~ |
iProcure Ltd. (Fortem Holdings) | N/A | N/A | ~ | ~ |
New Light Africa Ltd. * | ~ | £0.00 | £0.00 | £70,000 |
Oolu SARL | £1,999,933 | £1,635,467 | ~ | ~ |
REDAVIA Gmbh | £1,032,667 | £611,333 | ~ | ~ |
Simusolar Inc. | £297,233 | £761,117 | ~ | ~ |
SolarNow BV ** | £105,000 | £225,000 | £105,000 | £70,000 |
SolarWorks! Trading BV **** | £686,683 | £840,667 | £0.00 **** | £0.00 |
Sollatek Electronics Kenya Ltd. | £816,567 | £1,072,233 | ~ | ~ |
SunTransfer Kenya Investment Ltd. *** | £400,000 | £100,000 | £400,000 | £0.00 |
upOwa SAS | £634,333 | £368,217 | ~ | ~ |
| Grand total | £10,980,700 | £505,000 2.2% (of total borrowing to date) | £140,000 0.6% (of total borrowing to date) |
* New Light Africa Ltd - In liquidation - Full loss to investors
**SolarNow BV - Debt was restructed in Jan '20 with a 20% write-off at that point, and a further 20% written off in Jan '21. Subject to performance further write off is expected.
***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. The company continues to make interest payments to investors.