Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Track record of our investments

Here is an overview of Energise Africa's investment portfolio as of 31st May 2024.
Please note that this page is updated on a quarterly basis. 
Please refer to our Q&A article to learn more about risk and returns when investing with Energse Africa.

Partner Borrowing History

BusinessCountryActive sinceNumber of campaignsTotal borrowing to date
Altech Group SARL
DRC
Mar 2021
6
£2,500,000
Aptech Africa Ltd.
Uganda
Dec 2022
6
£1,371,000
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
Bisedge Ltd
Nigeria
Jul 2022
8
£2,300,000
candi solar BV
Netherlands
Dec 2020
9
£3,800,000
Guilgal S.A.
DRC
Nov 2022
2
£500,000
iProcure Ltd. (Fortem Holdings)
Mauritius
Aug 2021
5
£1,525,000
New Light Africa Ltd.
UK
May 2018
1
£70,000
Oolu SARL
Senegal
Aug 2018
34
£4,954,150
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
56
£3,958,800
SunTransfer Kenya Investment Ltd.
Kenya
Oct 2017
4
£500,000
upOwa SAS
France
Aug 2018
11
£1,097,550
Grand total
225
£39,318,200

Partner Repayment History

BusinessCurrent Amount BorrowedCapital Repaid to DateCapital Returns OverdueCapital Written Off
Altech Group SARL
£150,004
£2,349,996
~
~
Aptech Africa Ltd.
£310,000
£1,000,700
~
~
Azuri Luminosa Ltd.
£1,761,534
£1,640,295
£1,809,705
-
Azuri Tech SSPV1 Ltd.
£0
£3,200,000
-
~
BBOXX Capital Ltd.
£0
£2,250,000
~
~
Bisedge Ltd
£1,841,676
£458,324
~
~
candi solar BV
£1,700,011
£2,099,989
~
~
Guilgal S.A.
£187,500
£312,500
~
~
iProcure Ltd. (Fortem Holdings)
£676,375
£848,625
£676,375
~
New Light Africa Ltd.
£0
£0
£0
£70,000
Oolu SARL
£1,715,550
£3,238,600
£1,715,550
~
REDAVIA Gmbh
£997,667
£1,502,333
£997,667
~
Simusolar Inc.
£487,783
£880,567
£487,783
~
Solarise Africa Ltd.
£0
£2,100,000
~
~
SolarNow BV
£0
£225,000
~
£175,000
SolarWorks! Trading BV
£661,635
£865,715
£661,635
~
Sollatek Electronics Kenya Ltd.
£1,340,000
£2,618,800
£1,340,000
~
SunTransfer Kenya Investment Ltd.
£0
£100,000
£0
£400,000
upOwa SAS
£405,912
£691,638
£405,912
~
Grand total
£26,628,791
£7,925,219
20.2% (of total borrowing to date)
£645,000
1.6% (of total borrowing to date)

Azuri Luminosa Ltd - Debt has been restructured and company is making repayments (as of Jan '23) from the solar portfolio. Loss is expected to investors at the end of the collection period.
iProcure -Partial payment received and distributed to investors in Dec '23. Following an unsuccessful attempt to raise bridge funding from shareholders, the company has ceased operations. Energise Africa informed investors in Mar '24 that recovery of the remaining debt is not guaranteed and likely to be slow to materialise.
New Light Africa Ltd - In liquidation - Full loss to investors
Redavia - Entered administration in Aug '22 and is in the process of being liquidated with low expectation of recovery.
Oolu - Debt has been restructured. Energise Africa informed investors in Dec '23 of a 25% recovery in Q3 of 2024.
Simusolar - No payments made since Mar '22. Debt restructuring ongoing. 
SolarNow BV - Debt was restructured in Jan '20 with a 20% write-off at that point, and further 20% write-offs in Jan '21 & '22 and the final capital written off in Jan '24.
SolarWorks! Trading BV - Debt restructure complete in Jan '23. Energise Africa informed investors in Mar '24 that following an unsuccessful attempt to raise equity, the company has been declared bankrupt on 19th Mar, 2024. Recovery of debt is expected to be minimal.
Sollatek: 
No payments made since Dec '23. Default notices have served on the company. 
SunTransfer Kenya - No repayments made on borrowing since Sept '18. Energise Africa informed investors in Dec '22 that this debt is likely unrecoverable.
upOwa - No payments made since Jun '22. Energise Africa informed investors in Dec '23 that this debt is expected to be written down by 48.6%.

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).