GreenTec Capital Patners invest in Kenyan insect-based protein company

KENYA – GreenTec Capital Patners, a German premium investor, has invested in Ecodudu, a Kenya-based waste-to-value company producing high-quality insect-based protein for animal feed and organic fertilizers from recycled organic matter.

Ecodudu has developed an innovative process that harnesses nature’s recycling agents, insects, to address global problems of unmet protein demand, organic waste management, and environmental conservation.

Leveraging the team’s more than 18 years’ experience in animal feed production, Ecodudu uses fly larvae to produce sustainable and highly nutritious proteins for animal feeds and organic fertilizers.

The fly larvae convert the organic waste into high-protein biomass and leaving behind a rich residue.

At the full-grown larvae stage, the flies are dried and provided in bulk to feed manufacturers for commercial use as the company’s signature Dudu Meal.

The residues are subsequently processed into organic fertilizer called Shamba Mix.

The result is a cost-effective, safe, and sustainable waste-to-value process that produces feed with a higher protein density than soya beans.

GreenTec Capital said it sees great potential in alternative protein production solutions and is very impressed with Ecodudu’s team. With Maxime Bayen as lead company builder, GreenTec will work to support Ecodudu to scale their business to the next stage.

GreenTec has also announced its investment in Kwiks, a Moroccan digital platform that specializes in rapid personnel sourcing.

Kwiks is neither a headhunter, nor a recruiting agency, but rather a business catalyst helping companies to succeed by providing qualified candidates quickly.

The company is already operational in Morocco, France, and Belgium.

Kwiks extensive database of talent and innovative web and mobile application, allow the company to deliver qualified candidates in IT, consulting, CRW, and finance (among others) to employers in need.

The Kwiks extended database of candidates is provided to companies through a collaborative real-time exchange platform.

Via the platform, Kwiks Fastrecruiter consultants can provide on-demand talent profiles very Kwikly from the time of an online request, leveraging an expertly curated talent database, as well as a network of public and private profiles in order to be able to quickly deliver qualified candidates to employers.

The platform also suggests matching profiles based on previous requests, developing and maintaining clients’ databases.

Together with that machine learning technology, Kwiks has developed its personal ATS for both clients and FastRecruiters.

Kwiks works with both internal and external consultants to meet clients’ recruitment needs.

The company plans to expand its reach in Africa and diversify from its Francophone niche by to included Anglophone candidates addressing a major problem for African companies to source talented personnel.

GreenTec Capital said it is very impressed with the Kwiks team and similarly with the Moroccan and North African start-up ecosystem.

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