Friday, June 20, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

South Africa’s The Sun Exchange Secures $500k Investment from Alphabit

Tech Gist Africa by Tech Gist Africa
10/12/2018
in Africa News, News
0 0
0
South Africa’s The Sun Exchange Secures $500k Investment from Alphabit
0
SHARES
Share on FacebookShare on Twitter

A blockchain-based solar micro-leasing marketplace, The Sun Exchange has secured a $500,000 seed investment from Alphabit. The company invests in companies that solve real-world problems by applying blockchain and decentralisation.

Alphabit CEO, Liam Robertson said in a statement that with technology that has the potential to disrupt two of today’s most dysfunctional centralised global systems — energy and finance — that he’s convinced that Sun Exchange will be “one of the best equity investments Alphabit has made to date”.

In July, The Sun Exchange announced a partnership with the Leonardo DiCaprio-backed Powerhive (a mini-grid solutions provider), aiming to leverage the Sun Exchange platform to deliver electricity for up to 175 000 people in Kenya currently living without power.

In May, the UN Development Programme announced it is partnering with Sun Exchange to pilot blockchain-based finance for solar in Moldova.

While commenting about the development, Sun Exchange founder, Abraham Cambridge said that the start-up is “delighted” to have the support of Alphabit’s team of blockchain industry visionaries.

“Their investment will significantly accelerate our growth and progress towards our goal of solar powering the world through the crypto-economy,” he said.

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

Apple WWDC 2025
Events

Apple Unveils iOS 26, macOS Tahoe, and AI Innovations at WWDC 2025

by Tech Gist Africa
06/15/2025
0

Apple kicked off its annual Worldwide Developers Conference (WWDC) with a series of announcements highlighting significant advancements in software design...

Read more
Zero Carbon Charge South Africa

Zero Carbon Charge, a South African startup secures US$5.6 Million investment

06/15/2025
Kera Senegal

KERA, a Senegalese E-Health Startup Secures $10 Million Funding

06/15/2025
Nile South Africa

Nile, a South African Agri-Tech Startup Secures $11.3 Million in a funding round

06/15/2025
DHL Group

DHL Group to Invest $575 Million in Healthcare and Logistics Expansion Across Africa and the Middle East

06/15/2025
Next Post
wefarm

Wefarm Hits Over 1 million Users Across Kenya and Uganda

The Big 5 Daily

The Big 5 Daily: Nigeria Exchanges 110 gigabyte per Second of Traffic Locally, Greentec Capital Invests in Nigeria’s Parcel-it and More

Iyinoluwa Aboyeji

Flutterwave Secures $10m Investment as Iyinoluwa Aboyeji Steps Down as Company’s CEO

No Result
View All Result

The Big 5

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

Mastercard Foundation EdTech Fellowship

12 Kenyan Startups selected for the 3rd Mastercard Foundation EdTech Fellowship

by Tech Gist Africa
06/15/2025
0

...

Funding Africa startup

EIB Global, Family Bank Launch $111 Million Financing to Empower Women & Youth Entrepreneurs

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.