Madica Invests In Nigerian Climate Tech Startup Earthbond
Tech Labari | Joseph-Albert Kuuire - Oct 22, 2024
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EarthbondEmmanuel AdegboyeFlourish VenturesMadicaChidalu Onyenso
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  • Madica invests in Earthbond, a climate tech startup.
  • Earthbond provides affordable solar energy solutions for Nigerian SMEs.
  • Investment includes 18 months of company-building support.
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The investment in Earthbond by Madica represents a significant step towards addressing Nigeria's energy crisis and promoting sustainable practices among SMEs. This partnership not only highlights the potential of clean energy solutions but also emphasizes the importance of supporting innovative startups in underserved markets. The focus on carbon credits as a revenue stream could further incentivize businesses to adopt solar energy, making it a win-win for both the environment and the economy.
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