EWIA Seeks Funding on Conda to Expand Solar Business in Africa

  • Seeking funds for growth, expansion, and diversification
  • Issuing tokenized participation certificates
  • Business model with triple impact

Munich/Accra, June 10, 2025 – EWIA Green Investments initiated a new funding round today on the Conda digital financing platform (). To secure additional equity for its growth strategy, the company is issuing up to €2 million in tokenized participation certificates through a newly created special purpose vehicle (SPV). Since its establishment in 2020, EWIA has emerged as a significant player in the commercial renewable energy sector in West Africa. Following the successful launch of solar financing and operations for commercial and industrial clients in Ghana, EWIA is now expanding into Nigeria and Cameroon, while also diversifying into new business areas.

“Power is too expensive and polluting in much of Africa, and blackouts are common,” says co-founder and managing director Ralph Schneider. ”EWIA is helping to address Africa’s increasing energy needs with clean, affordable, and reliable solar power.” In 2020, EWIA Green Investments started in Ghana as a dedicated solar financier, assisting medium-sized businesses in switching from diesel generators to clean, cost-effective solar energy. By analyzing electricity demand and refinancing opportunities across various industries, EWIA develops customized solar solutions to meet the specific needs of each client. Currently, EWIA also installs PV systems internally, acting as an EPC project developer responsible for engineering, procurement, and construction. A subsidiary constructs solar-powered telecom towers for mobile network operators.

Triple Impact Investment

“By transferring capital and expertise to sub-Saharan Africa, we help local businesses operate more efficiently, enhance their competitiveness, and generate employment – all essential elements for the economic and social progress of a continent with the youngest and fastest-growing population globally,” says co-founder and managing director Timo Schäfer. “Simultaneously, we offer European investors the chance to participate in the growth potential of this dynamic market.”

With subsidiaries currently operating in three African nations, EWIA itself employs 76 individuals — including 31 women — in highly skilled positions with long-term career prospects.

Financing growth

With the acquisition of SunErgy GmbH in April, EWIA expanded into Cameroon, where it is providing electricity to entire villages. SunErgy has been authorized by the Republic of Cameroon to establish solar power supplies for 92 villages, serving approximately 600,000 residents, along with schools, health centers, and both private and public companies in the southwestern region of the country. As part of the transaction, investment and asset manager KGAL acquired a stake in EWIA. Concurrently, EWIA is advancing its expansion into the Nigerian market – the continent’s largest economy. Over the next five years, EWIA aims to increase its project portfolio to over €63 million and significantly expand its presence in West Africa.

Under the current offering, investors can subscribe to participation certificates in a special purpose vehicle that holds an interest in EWIA Green Investments GmbH for a minimum investment of €250 per share. The investment has no fixed term and is based on a company valuation of approximately €12.3 million.

As with equity, investors share in profits and the appreciation of the company’s value in proportion to their shareholding. Detailed information is available at
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With the funds from the newly launched offering, EWIA intends to strengthen its market position through scalable operations, a more robust team of skilled professionals, and the ongoing development of the EWIAFinance.de platform.


About EWIA Green Investments

EWIA provides small and medium-sized businesses in Africa with access to clean solar energy and serves as a bridge between investors in Europe and the transfer of technological know-how. Based in Munich, Germany, with operating entities in Ghana, Cameroon, and Nigeria, EWIA offers private and institutional investors access to attractive impact investments in the fight against climate change and for sustainable economic growth in Africa. Private investors can also invest specifically in solar projects via ewiafinance.de.

With EWIA’s flexible full-service financing solution, companies in Africa can obtain solar power, financing, security, and service from a single source. In the infrastructure sector, EWIA funds and constructs mobile phone communication masts and traffic monitoring systems and equips them with PV systems.

Contact for queries:

EWIA Green Investments GmbH
Ralph Schneider, CEO
ralph.schneider@EWIAinvestments.com
+49 162 1366 984

Schwarz Financial Communication
Frank Schwarz
schwarz@schwarzfinancial.com
+49 611 58029290

Disclaimer: Not for publication in the United States, Australia, Canada, Japan, South Africa, or any other jurisdiction outside the EU, and in particular in jurisdictions that prohibit the offering or sale of these instruments.

Risk warning: The purchase of this investment involves significant risks, including the possibility of total loss. Please inform yourself thoroughly before investing and seek professional advice. Detailed explanations can be found at .

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