Secha Capital makes two investments from its new fund
Secha Capital has announced two investments through its new fund, Secha Capital Impact, which backs established SMEs in Southern Africa.
The fund has invested in iG3N, a company that designs, develops and manufactures battery energy storage solutions. “We are excited to partner with Secha Capital, who will help us meet the increasing demand for high quality, locally made, and trusted battery storage solutions to Africa. Secha Capital’s support will help us grow our business and localise more of the energy storage supply chain. We are also excited to work with Secha Capital in order to create jobs and upskill the talent that we have in South Africa,” says Tumi Mphahlele, COO of iG3N.
Secha Capital has also invested in Cultura Fresh, which is involved in the hydroponic production of iceberg lettuce and other leafy greens in South Africa’s Western Cape province.
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