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Our vision is to be the catalyst for Africa’s low-carbon economy. We focus on tech-enabled companies in the Seed – Series A stage, We position ourselves with an active value additive lens; and prefer rounds where we can lead, bringing in like-minded co-investors from across the world to build formidable businesses.

2015

2015
EAVF Fund I 1st Close €55M

Supported by CDC, Proparco, EIB, Schneider Electric

2017
EAVF Fund 1 2nd Close €75M

Top up by FMO, CDC, Schneider Electric

2017

2020

2020
End of EAVF Fund I Investment period

15 Portfolio Companies

2020
1st EAVF Exit

Exited d'light to Shell New Energies

2023

Q2 2023
First Close of E3 Low Carbon Economy Fund I

($48.1m)

Q2 2024
2nd EAVF Exit

Exited Paygo Energy to Sun King

Q3 2024
3rd (Partial) Exit

Candi Solar

Q4 2024
Second Close of E3 Low Carbon Economy Fund I

2024

2024

DECember 2024
10th Investment under E3 LCEF I

Total Portfolio at 25 Companies


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Our Funds

Low Carbon Economy Fund
Energy Access Ventures Fund

Our Investment Pillars

Digital Connectivity and Applications
Low Carbon Productivity Enablers
Climate Smart Solutions
Show All
Low Carbon Economy Fund
Insight Terra
South Africa
South Africa
Climate Smart Solutions
See portfolios
Low Carbon Economy Fund
Plentify
South Africa
South Africa
Climate Smart Solutions
See portfolios
Low Carbon Economy Fund
Cavex
Kenya
Kenya
Climate Smart Solutions
See portfolios
Low Carbon Economy Fund
Badili Africa
Kenya
Kenya
Uganda
Tanzania
Digital Connectivity and Applications
See portfolios
Low Carbon Economy Fund
Wattnow
Tunisia
Tunisia
Climate Smart Solutions
See portfolios
Low Carbon Economy Fund
Cutstruct
Nigeria
Nigeria
Low Carbon Productivity Enablers
See portfolios
Low Carbon Economy Fund
Yola Fresh
Morocco
Morocco
Low Carbon Productivity Enablers
See portfolios
Low Carbon Economy Fund
Kamiuon
Tunisia
Tunisia
Low Carbon Productivity Enablers
See portfolios
Low Carbon Economy Fund
Kofa
Ghana
Low Carbon Productivity Enablers
See portfolios
Low Carbon Economy Fund
Untapped Global
Pan-Africa
Kenya
Low Carbon Productivity Enablers
See portfolios
Low Carbon Economy Fund
Glint
South Africa
South Africa
Climate Smart Solutions
See portfolios
Energy Access Ventures Fund
Candi Solar
South Africa
South Africa
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Solarise Africa
South Africa
South Africa
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Mawingu Networks
Kenya
Kenya
Digital Connectivity and Applications
See portfolios
Energy Access Ventures Fund
Manocap Energy
West Africa
Ghana
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
SolarX Africa
West Africa
Mali
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Sun Culture
Kenya
Kenya
Climate Smart Solutions
See portfolios
Energy Access Ventures Fund
Inspira Farms
Kenya
Kenya
Climate Smart Solutions
See portfolios
Energy Access Ventures Fund
ZIZ Energie
Chad
Chad
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Nuru
Democratic Republic of Congo
Democratic Republic of Congo
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
D Light
Kenya
Kenya
Uganda
Tanzania
Nigeria
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Zola Electric
Tanzania
Tanzania
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
Sun King Paygo Energy
Kenya
Kenya
Low Carbon Productivity Enablers
See portfolios
Energy Access Ventures Fund
BBOXX
Rwanda
Rwanda
Low Carbon Productivity Enablers
See portfolios
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