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Africa Climate Ventures (ACV) is a venture studio based in Kigali, Rwanda, focused on developing climate-smart businesses across Africa. The organization aims to build climate unicorns by leveraging local resources and technologies to address climate challenges.
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Africa Climate Ventures (ACV) is a venture studio based in Kigali, Rwanda, dedicated to developing climate-smart businesses across Africa. Founded by James Mwangi, ACV aims to leverage the continent's unique resources and opportunities in the climate sector to facilitate the transition to low-carbon business models. The organization is committed to building Africa's first climate unicorns by launching and scaling a portfolio of climate-positive ventures.
ACV invests in various sectors related to climate action, including circular economy, climate-smart agriculture, climate-positive built environments, e-mobility, and carbon removals. The organization employs three key models: technology transfer to Africa, scaling out successes across the continent, and adding carbon revenues to business models.
ACV offers mentorship, access to a network of climate experts, and support in scaling climate-positive ventures. The organization aims to create a portfolio of 15 climate-positive ventures over four years, targeting a US$45 million investment.
Q: What is Africa Climate Ventures? A: ACV is a venture studio focused on developing climate-smart businesses in Africa. Q: What sectors does ACV invest in? A: ACV invests in climate action sectors such as circular economy, e-mobility, and climate-smart agriculture.
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