Last deal

$100K

Amount

Grant

Stage

21.01.2022

Date

1

all rounds

$100K

Total amount

General

About Company
Manamuz Electric develops clean energy solutions for the agricultural sector.

Industry

Sector :

Subsector :

Also Known As

ME

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Founded in 2008 by two engineering students from the University of Nigeria, Manamuz Electric is a clean tech company that specializes in deploying cutting-edge electrical and solar energy systems in African homes, businesses, and communities. With over 300 solar energy projects completed in the past 14 years, the company has shifted its focus to the Energy-Agriculture Nexus. They aim to decarbonize the agriculture value chain and address global food security issues by developing clean energy and agri-tech solutions. Manamuz Electric has implemented a vertical integration approach, utilizing solar-powered storage and processing solutions in aggregation centers to optimize different agricultural product supply chains. Their flagship product, the Coldbox Store, is a network of solar-powered refrigerated warehouses designed to enhance the resilience of perishable food supply chains. In addition to solar PV technology, the company also offers agri-tech products, cold storage, and post-harvest grid services to agro businesses.
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