OVO Acceleration Fund (SusTech4Africa)

The OVO Acceleration Fund provides affordable, tailor-made loans to African start-ups whose projects have an impact on sustainability. Not subsidies therefore, but repayable loans that incentivises entrepreneurs to actualise their ambitious growth. In this way, the fund is regularly replenished thereby ensuring that the fund has a lasting impact. It is due to this approach that OVO won the 'European Business Award for the Environment'. OVO selects projects with an acceptable level of risk and an effect on sustainability in the local environment.