Green Growth: Seizing Climate Tech Opportunities In Africa – panel session at Africa Tech Summit London 2025 featuring insights and discussion with Samir Ibrahim – CEO & Co-Founder at Sunculture, Lucretia Chopera – Africa Deal Flow Manager at Katapult Ocean, Steve Beck – Co-Founder & Managing Director at Novastar Ventures, Erik Nygard – CEO & Founder at Kofa and moderated by Victoria Amunga from Voice of America,
The panel delves into systemic issues in African venture capital such as concentrated geographic hubs, regulatory and policy barriers, lack of subsidies, and limited exit pathways, but remain optimistic about the growth potential fueled by innovation that addresses real-world problems at scale. They explore how impact and commercial returns are not mutually exclusive, underscoring that businesses solving fundamental problems for large populations can generate both economic and social value. Key themes include the importance of financing models tailored to African realities, the role of carbon markets as commercial subsidies for clean technology adoption, the intersection of technology and dignity in rural livelihoods, and the necessity for education and collaboration to unlock Africa’s untapped climate and ocean economy potential.
Highlights include:
🌞 SunCulture’s solar irrigation boosts farmer incomes and saves 80% water, subsidized through carbon credits.
💰 Novastar Ventures sees climate tech as a dynamic, fast-growing investment theme in Africa.
🌊 Katapult Ocean focuses on sustainable fisheries, emphasizing low-cost tech solutions with high social impact.
🔋 Kofa’s swappable batteries enable rapid petrol displacement in motorcycles and generators.
🌍 Africa’s climate innovation aligns commercial success with meaningful impact on food security and livelihoods.
📈 African venture capital has grown 32x in a decade but remains concentrated in a few hubs.
📚 Education and policy reforms are critical to unlocking Africa’s carbon markets and blue economy.
Africa Tech Summit London 2025 celebrated its 9th edition at London Stock Exchange on June 6th, 2025. The event brought together leading industry experts and innovators to explore the latest trends and insights in technology and business across Africa and beyond.
The Summit unpacked topics such as IPOs, Investing, AI, Payments, Stablecoins, FinTech,, Digital Identity, Cross-Border Trade, Agtech, Ecommerce, GTM Strategies, Cloud Technology and Business Scaling Strategies. Providing invaluable networking opportunities, connecting attendees with industry leaders, investors, and innovators to drive business and investment forward.
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