Frankfurter Finanzanlagenvermittlung GmbH, Baseler Straße 10, 60329 Frankfurt am Main, Germany, is the financial investment broker and operator of the weelectrify.Africa Internet service platform pursuant to section 2a (3) of the German Investment Management Act (VermAnlG).

Electricity and Light for Everybody

Abouts us

Our strength is the integration of circular economy into the development of large green power plants for developing countries and the creation of innovative and holistic business models.

weelectrify.Africa is a German wind farms developer. We develop wind farms for emerging countries in North and West Africa. Our business model is based on the continued operation of high-quality and robust pre-owned wind turbines from Central Europe.

Our expertise is based on our knowledge of the specific need of developing regions to cope with rapidly growing electricity demand. Our projects target countries with excellent wind resources.

weelectrify.Africa generates revenues by selling achieved project rights to its own local operating companies. These independent subsidiaries, financed mainly by international development banks, build, operate and meticulously maintain our windfarms over their remaining life span.

By developing renewable energies, we slow down the expansion of fossil fuels and make an active contribution to climate protection.

New horizons

Our priorities are sustainability, renewable energies and the development of wind farms. But as founders of weelectrify.Africa, our focus has always been on the Middle East and Northern Africa.

Due to approval backlogs and the blocked situation concerning wind farm development in traditional markets like Germany, we have been looking for ways and means to overcome this situation and stay actively involved in climate protection and the expansion of renewables.

At the same time, we wanted to shape and launch new attractive business models to support Africa in achieving “green” economic growth by using renewable energies.

By future energy exports, for example using hydrogen, this new business will also bring back momentum in the European energy transition.

Your investment will help accelerate this process.

Essentials [ 05:00 ]

Whole concept [ 08:00 ]

Crowdinvesting

Everybody is talking about climate change. We do not talk, we act.
Invest in a better future!

The power of the crowd

Due to its sustainable and ecological character, our business model is especially suitable for an alternative and flexible form of financing: crowdinvesting. A tool commonly defined as: " Pooling of individual financial contributions to finance entrepreneurial, cultural, environmental or social projects". We have opted for this type of financing where investors can participate directly in the development of sustainable power plants, climate protection and the environmental development of Africa, while generating attractive returns.

Your involvement in active climate protection is therefore direct and exciting!

Investment Case

Strong economic growth and underdeveloped energy infrastructures offer new opportunities for the development of renewable energies on the African continent.

However, the development of wind farms requires meticulous care. This includes the examination of the usual basic requirements by wind and soil surveys as well as PPA negotiations, which are conducted locally in the country. In addition, the used wind turbines are inspected, overhauled and approved for export before the projects start.

In order to accelerate the development of our current parks, to launch new projects and to be able to seize opportunities on the used turbine market, we have decided to raise capital.

Our crowdinvesting in form of a subordinated loan could reach up to one million euros. Thanks to our profitability, we offer our investors an annual interest rate of seven percent.

Early Subscriber Bonus

If you subscribe to our subordinated loan in the first 4 weeks from the start of funding, you will get as a reward an interest ad-on of 1%, means i.e. you will receive for your investment a total interest rate of 8% p.a. instead of 7%.

Invest now

Reimbursement

Once project development is completed, the wind farms are sold to independent local subsidiaries. They are mainly financed by international development banks and are responsible for construction and operational management. This generates revenues that are used for planning new projects, but are also used to repay the loan, including interest, to our investors at final maturity.

Break-Even

The crowdinvesting campaign will be successful as soon as weelectrify.Africa UG sells at least one project with a cumulative installed capacity of 35 MW to an operator within three years. At this time we are already in negotiations for more than 100 MW.

By way of comparison: Germany has built up to 1700 MW of installed capacity per year onshore, but considering the uncertain political situation it still installed about 300 MW last year.

Fund allocation

The collected funds are used for project development. These include the studies and measurement campaigns required by banks in order to finance the construction of the wind farms (financial close).

 48% Project Development    22% Infrastructure   15% Personnel    12% Sales / Marketing    3% Finance Costs  

Funding terms

Funding instrument Subordinated loan
Funding maximum EUR 1.000.000
Interest rate 7% p.a.
Early Bird Subscription Bonus +1% p.a.
Maturity 30.6.2023
Loan repayment at maturity
Interest payment at maturity
Subscription minimum EUR 500
Subscription period 6 month
   
Already invested EUR 3000

Investment information sheet
Terms of the loan
Terms & Conditions
Privacy Policy

Business Model

The African way

weelectrify.Africa develops wind farms that meet the needs of the population in northwestern Africa. Most important factors are the lower purchasing power and the weaker infrastructure compared to highly industrialised countries. In order to produce more affordable electricity, our farms are planned with pre-owned turbines from the dismantling and repowering of European wind farms.

These first-generation engines are very robust, resilient and durable, which makes them particularly suitable for our sites located at the edge of the Sahara Desert.

Our operating model guarantees the productivity and efficiency of these turbines in Africa for many years to come and is based amongst others on the implementation of preventive maintenance. With sophisticated monitoring and comprehensive spare parts management, our model is perfectly suited to the difficult conditions of operating sites located far from any high-tech infrastructure.

After project development is completed, the wind farms are sold to our own local operating companies, exactly like in Europe. These companies then take care of the construction and operation of these plants. With part of this revenue, we will repay our investors by adding the expected interest.

Strategy

Special know-how is required to operate second-hand wind turbines at locations with little infrastructure:

Location

Our sites are carefully selected and determined in cooperation with local authorities according to various criteria. The focus lies on supply chain security, social and environmental compatibility and local added value.

Analysis

The selected sites are analysed in detail through feasibility studies and measurement campaigns, including wind conditions and soil quality. All specific parameters that are characteristic of these countries located along the desert with their harsh environmental conditions will be considered. Our experience in carrying out worksites in the desert is one of weelectrify.Africas’ core competencies. The outcomes of these feasibility studies are backing investment negotiations and make the final construction of the wind farms possible.

Material

At the same time, the wind turbines to be dismantled in Central Europe are undergoing a thorough inspection and revision campaign by independent German experts. After their technical evaluation, the suitable wind turbines are given the green light for export to Africa.

  • Robust and well-maintained first-generation wind turbines are designed for more than 25 years of operation.
  • As in Europe there are not a lot of strong wind sites, they are usually replaced after 15 - 18 years by new turbines, that are more adapted to intermediate wind conditions, known as ‘repowering’.
  • This is also the reason, why dismantled turbines at inland locations often only experienced 30 - 50% of their design load.
  • These turbines can continue to be operated at very windy locations in Africa and produce electricity there for another 15 years.

Windpower Potential in Comparison

 3.00    4.00    5.00    6.00    7.00    8.00    9.00    >9.00
[m/s] mean windspeed / vitesse moyenne du vente

Quelle: Weltbank Gruppe, DTU, https://globalwindatlas.info
Source: World Bank Group, Banque Mondiale

The Facts

Some of the countries around the Sahara have excellent areas for the construction and operation of wind farms. But this harsh desert land requires careful planning. The low populated areas facilitate the approval of construction permits.

In the eastern Sahara, numerous wind farms have already been implemented in Egypt. In Morocco, the capacity of wind farms in operation is well above 1 GW. In the western part of the Sahara, Mauritania is discovering wind power. After several smaller plants, Mauritanians connected a wind farm with 30 MW to the national grid in 2017 and are currently putting another 100 MW into operation. At the same time, the expansion of electricity highways along the African west coast is further progressing and transporting electricity to the centres of consumption (Dakar, Abidjan, Accra,..).

The coloured graphics show the wind potential in the countries of North and West Africa where weelectrify.Africa is active.

Especially Algeria, Morocco and Mauritania have put the expansion of wind power on their agenda. Senegal and Tunisia also have some favourable locations.

Crowdinvesting

Target Countries

Mauritania

The north of Mauritania offers excellent wind conditions for wind farming. Along the scarcely inhabited coast and inlands, conditions are good for a yearly production of many billions of kilowatt-hours. Electricity is mainly consumed in nearby iron ore mines and in neighboring Senegal. weelectrify.Africa is also committed to education, gender equality and economic development in this country between the desert and Sub-Saharan Africa.

Utility Company

Administration
Government Unitary semi-presidential Islamic republic
President Mohamed Ould El-Ghazouani
Prime Minister Ismail Ould Bedde Ould Cheikh Sidiya
Legislature National Assembly
Demonym Mauritanian
Unabhängigkeit 1960
National holiday Nov 28
Demography
Population 4,301,000
Density 3.6 / km²
Demog. growth 2.14%
Life expectation 63
Urbanisation 60.4
HDI 0.513
UN ecucation Index 0.401
Geography
Area in Km² 1,030,700
Time zone UTC (GMT)
Capital Nouakchott
Languages Arab, French
mean temperature 27 - 42 °C
Economy
GDP 2016 USD 4.17 bln
GDP/capita 2016 USD 1,243
Econ. Growth (2018) 3.6%
Currency Ouguiya
OECD Risk class 7
Prime Lending Rate 17%
Euler Hermes class D4
Source 2018 and 2019 : OECD, EulerHermes, BTI, Word Bank; Data without liability

Morocco

Morocco is a pioneer of renewable energy in Africa. With its direct connection to high-voltage power lines to Europe, the country has many cooperative ventures in the field of solar and PV power plants. Since Morocco has only small oil and gas reserves, the government is pursuing the expansion of renewable energies with great effort. weelectrify.Africa intends particularly to leverage the untapped wind power potential and make it available to the country.

Utility Company

Administration
Government Unitary parliamentary constitutional monarchy
President Mohammed VI
Prime Minister Saâdeddine El Othmani
Legislature Parliament
Demonym Moroccan
Unabhängigkeit 1956
National holiday November 18
Demography
Population 34,314,130
Density 77 / km²
Demog. growth 0.95%
Life expectation 75.5
Urbanisation 60.7
HDI 0.647
UN ecucation Index 0.542
Geography
Area in Km² 446,550
Time zone UTC +1 (CET)
Capital Rabat
Languages Arab, French, Berber
mean temperature 17 - 36 °C
Economy
GDP 2016 USD 110 bln
GDP/capita 2016 USD 3,151
Econ. Growth (2018) 2.95%
Currency Moroccan dirham
OECD Risk class 3
Prime Lending Rate 5.10%
Euler Hermes class B2
Source 2018 and 2019 : OECD, EulerHermes, BTI, Word Bank; Data without liability

Algeria

Algeria is by area the largest country on the African continent and has one of the biggest oil and gas reserves in Africa. Nevertheless, the government is increasingly focusing on renewable energy sources in order to preserve its own fossil resources and to lead the country into a low-carbon future. Algeria is also regarded as a promising candidate to support the energy transition in Europe due to its enormous territory and space for renewable energy plants. weelectrify.Africa has an excellent network in Algeria and uses these connections to build up wind power projects right in the centre of the country.

Utility Company

Administration
Government Unitary semi-presidential constitutional republic
President Abdelmadjid Tebboune
Prime Minister Abdelaziz Djerad
Legislature Parliament
Demonym Algerian
Unabhängigkeit 1962
National holiday November 1st
Demography
Population 42,200,000
Density 18 / km²
Demog. growth 1.63%
Life expectation 75.9
Urbanisation 71.3
HDI 0.745
UN ecucation Index 0.695
Geography
Area in Km² 2,381,741
Time zone UTC +1 (CET)
Capital Algier
Languages Arab, French, Berber
mean temperature 15 - 43 °C
Economy
GDP 2016 USD 188.3 bln
GDP/capita 2016 USD 4,123
Econ. Growth (2018) 2.10%
Currency Algerian Dinar
OECD Risk class 4
Prime Lending Rate 8.00%
Euler Hermes class C4
Source 2018 and 2019 : OECD, EulerHermes, BTI, Word Bank; Data without liability

Tunisia

Tunisia aims to make several energy-intensive industries CO2-neutral. To this end, a wind farm shall be built, connected to the national grid and supply these industries with green electricity. In Tunisia the inland area consists of desert with some very good wind spots.

Utility Company

Administration
Government Unitary semi-presidential republic
President Kais Saied
Prime Minister Youssef Chahed
Legislature Assembly of the Representatives of the People
Demonym Tunisian
Unabhängigkeit 1956
National holiday March 20
Demography
Population 11,551,400
Density 71 / km²
Demog. growth 0.95%
Life expectation 75.5
Urbanisation 67
HDI 0.725
UN ecucation Index 0.685
Geography
Area in Km² 163,610
Time zone UTC +1 (CET)
Capital Tunis
Languages Arab, French
mean temperature 14 - 37 °C
Economy
GDP 2016 USD 41.9 bln
GDP/capita 2016 USD 3,730
Econ. Growth (2018) 2.51%
Currency Tunisian Dinar
OECD Risk class 5
Prime Lending Rate 7.75%
Euler Hermes class C4
Source 2018 and 2019 : OECD, EulerHermes, BTI, Word Bank; Data without liability

Senegal

The economic growth of Senegal is enormous, and the country has also identified the great potential of green and sustainable electricity. The demand for electricity is constantly rising and is increasingly being fed from renewable sources. weelectrify.Africa negotiates electricity supply contracts from neighboring countries to the booming regions around Dakar.

Utility Company

Administration
Government Unitary presidential republic
President Macky Sall
Prime Minister Mahammed Boun Abdallah Dionne
Legislature National Assembly
Demonym Senegalese
Unabhängigkeit 1960
National holiday April 4
Demography
Population 15,854,323
Density 69 / km²
Demog. growth 2.36%
Life expectation 67.2
Urbanisation 47.2
HDI 0.514
UN ecucation Index 0.355
Geography
Area in Km² 196,712
Time zone UTC (GMT)
Capital Dakar
Languages French, Wolof, Pular, Serer
mean temperature 22 - 33 °C
Economy
GDP 2016 USD 24.24 bln
GDP/capita 2016 USD 1,485
Econ. Growth (2018) 6.77%
Currency West African CFA franc
OECD Risk class 5
Prime Lending Rate 5.30%
Euler Hermes class C2
Source 2018 and 2019 : OECD, EulerHermes, BTI, Word Bank; Data without liability

Photos

Sustainable Development Goals - SDGs

Quality Education

The construction of wind farms requires qualified personnel.

weelectrify.Africa has set itself the goal not only to train its own maintenance team, but also to promote the electricity business as a whole.

To this end, we will train young adults in electrical and mechanical skills in our own workshops.

Gender Equality

weelectrify.Africa pays great attention to gender equality.

Vacant positions in our company are filled between women and men on a parity basis if possible.

In addition to office work, this will also include technical professions for girls and women.

Affordable and Clean Energy

The unique selling point of weelectrify.Africa is the provision of low-cost electricity.

The business model is based on the continued operation of dismantled European wind turbines.

In this way, the electricity prices of our wind farms adapt to the purchasing power of the target countries.

Decent Work and Economic Growth

weelectrify.Africa will have a direct positive impact on economic growth of target countries from the first moment on.

The provision of domestic sustainable energy decouples countries from fossil energy markets, improves external accounts and reduces the outflow of capital and foreign currencies.

Industry, Innovation and Infrastructure

The power plants of weelectrify.Africa also help to stabilize the existing grid infrastructure.

Electricity supply is coordinated with the utility company and enables the shutdown of old and inefficient diesel generators with partly very poor frequency stability.

Responsible Consumption and Production

weelectrify.Africa uses pre-owned European wind turbines.

The CO2 footprint and grey energy of these plants are much lower than new plants’ one.

The company also ensures that the farms are managed in a sustainable and low-wear manner to ensure operations for as long as possible.

Climate Action

weelectrify.Africa builds base-load like wind farms in regions with very high wind supply.

These wind farms help making Africa independent from fossil power plant purchases in the Western and Eastern World, which would continue to make the climate problem even worse!

Partnerships for the Goals

weelectrify.Africa strengthens technically and financially the mobilisation of local resources.

This is done with our help from Europe, with support of development banks and local forces.

The project actively promotes the transfer of environmentally friendly technologies to the target countries.

Team

48 | Paris

2018

weelectrify.Africa
Founder, CFO

2017

natural idées
Partner, Strategy and Financing

2012

Vis Viva Partners
Founder & CEO

2006

Save the Planet Investment Managers Founder & CEO

2000

Natexis / Dexia Securities
Head of Investment

1997

BNP Paribas
Equity Sales

CV

48 | Munich

2018

weelectrify.Africa
Founder, CEO

2013

xTower Constructions GmbH
Founder & CEO

2009

Wagner Consulting Engineers
Founder & CEO

2002

Macina Engg Consultants Dubai
Founder & CEO

1997

Weltenbau Wagner
Founder & CEO

CV

45 | Oran & Algiers

2018

weelectrify.Africa
Founder, CTO

2009

TGood Global Ltd. Substations
Regional Director MENA

2008

Alstom Grid, GE
Manager Grids & Security

2005

Areva T&D Qatar
Manager Grids & Security

2002

Mobi One Djezzy
Store manager

CV

Three friends - one goal

Your engagement and investment in responsible and experienced hands: We have set ourselves realistic and achievable goals and look forward to your interest and support.

Track Record

The roots of weelectrify.Africa

The founding team of weelectrify.Africa has relevant experience in dealing with the construction of RE power plants throughout the MENA region. Our network consists of numerous other experts in wind power, project development, grid compliance, maintenance, balancing power and energy management.

2015
34 MW WF
Germany

2016
100 MW WF
Mauritania

2016
98 MW WF
Senegal

2016
3000 MW WF
Algeria

2017
400 MW WF
Saudi Arabia

2017
2x50 MW WF
Jordan

2017
180+250 MW PV
Argentinia

2018 Idea of
100 MW WF
Mauritania

2019
3000 MW MFWF
China

2016
100 MW WF
Mauritania

2016
98 MW WF
Senegal

2016
3000 MW WF
Algeria

2017
150 MW PV
Algeria

2018
65 MW PV
Saudi Arabia

2018 Idea of
100 MW WF
Mauritania

2018
50 MW PV
Congo

2019
3x100 MW MV/LV
Algeria

2012
EUR 10M ORC
Switzerland

2013
EUR 2 MW WF
Israel

2013
5 MW CSP
Israel

2015
EUR 10M LED
Israel

2015
50 MW CSP
Morocco

2016-2018
EUR 4M EE-Tools
Germany

2016-2018
EUR 0.3M HCCI
Germany

2018
EUR 0.5M ICO
France

30

years

experience in
Wind Power Technologies

30

years

experience in
Corporate Finance

35

years

experience in
Africa and Mena Region

SWOT

Strengths

Good network and knowledge in the field of the purchase of used wind turbines and repowering

Strong expertise in determining remaining lifetime of equipment

Experience with dismantling and logistics of wind turbines

Strong network and deep knowledge of local structures for business ramp up in Western Africa

Weaknesses

Young company with sufficient but not unlimited resources

Opportunities

Wind farm development in countries without over-regulation and bureaucratic obstacles as well as rapid approval and building-permit

Increasing of electricity price

Wind farm development in desert regions without land use or habitat conflicts with flora and fauna

Growing electricity demand

Attractive all-in packages for customers: structurally weak regions are upgraded and benefit from encompassing infrastructure measures and additional offers, such as vocational schools, training colleges and sustainable jobs.

Risks

Development can be adversely affected by global or local political interests

Sharp drop in electricity prices

Possible disadvantage against strong competitors during tender rounds

FAQ

Crowdinvesting is the practice of funding a project or venture by raising small amounts of money from a larger number of people, typically via the Internet. It is a type of financial investment. The risk is spread over many thousands of people. Unlike donation-based crowdfunding, however, crowd investing repays the invested capital plus an additional return after a fixed time period.

All private individuals aged 18 and over who have full legal capacity and act on their own account can invest in this project. Legal entities can also grant a loan. Please contact us directly for this: info@weelectrify.africa
Yes, your investments are not visible to others and remain completely anonymous.
Only your first and last name and your e-mail address are required for registration. For an investment the following data is required: First and last name, address, date of birth, landline or mobile phone number, e-mail address and bank account details. On the one hand, the banking details are important in order to pay the interest and to reimburse your investment. On the other hand, it is also important that you transfer the investment amount exclusively from your specified bank account to the specified escrow account. This guarantees that your bank details have been entered correctly. For security reasons, we may not be able to accept investment amounts transferred from another account and will transfer them back. The collection of personal data is carried out exclusively within the legal framework and in compliance with the applicable data protection law. You will find further information in the Privacy Policy notes (link in footer).
No, there are no costs or fees added to your investment. The registration as well as the investment is free of charge for you. weelectrify.Africa will pay the cost for the crowdinvesting.
You will receive the accumulated interest payments in accordance to the final maturity date stated in the investment information sheet. This means that counting from the day you transferred the funds into the trust account (payment date), the outstanding amount bears interest at an annual rate of 7.0 percent. After three years, the interest is due on 30.6.2023 together with the invested money.

Yes, the income from interest payments received is subject to general tax liability, as is other investment income. You must declare the interest income in your tax return. Unfortunately, it is not possible to submit an exemption order in Germany. However, you have the option of submitting a non-assessment certificate.
Today, the development, construction and operations & maintenance of wind farms is highly professionalised. These activities are always split in at least two separate entities. Project development on one side and construction and operations on the other side. For this reason, the development company sells the project rights to a second entity for construction and operations.
In principle, this is possible. However, it is not weelectrify.Africas intention to sell project rights to third parties. After the development, we want to build and operate these wind farms ourselves. This guarantees reliable operation over many years under our own supervision.
Yes, we keep you informed about the current status and each investor can see how his or her investment is contributing to climate protection.
We intend to launch further crowdinvesting campaigns as part of our projects. These will be announced well in advance.
That is a good question. Our destination countries all belong to the OECD. But they are outside the European Union. We cannot offer credits for CO2 at the present time, but we can imagine becoming involved here in the future. We would then have a new task to think ahead of us...
Wind turbines are a bit like cars. If you treat them well and take good care of them, they can last for ages. Of course, they include also wearing parts, just as with cars, e.g. brake pads wear out. You need to take this wear and tear into account. But with predictive and careful maintenance wind generators produce electricity for a very long time. Our film points this out.
The focus on large units emerges from the history and experience of the founders. We have always been working on large power generation units and are very familiar with these sizes. Regardless of this, we are firmly convinced that we can only change the destiny of our planet, if we seriously get out of fossils and focus only on renewable energies. As experienced engineers, we must face up to this task and responsibility.
We are actually planning a wind farm with a total capacity of 100MW in Mauritania. However, this wind farm will be built in several construction phases. In fact, the intended size of our first farm is twice the break even. It is important for us to keep the break-even point at a realistic level.
In Mauritania the negotiations are already very advanced. That is why we have chosen this wind farm as an example for our investors. Our other projects are at an earlier stage and we don't want to explain them here in detail - we are not alone in this market and information is very sensitive...
The Corona pandemic has numerous influences on various parts of our daily live. However, the impact on utility companies is rather small. Electricity and its production are indispensable prerequisites for our coexistence to function. The power supply companies, and the operation of power plants remain largely unaffected by the rearrangement of our everyday life. The enormous electricity demand in industrialized countries will naturally decrease until the economy reboots.

Within the framework of the imposed social restrictions, numerous renewable energy projects are postponed from spring to summer or autumn. We might also experience gentle postponements and slightly slower next steps due to the currently limited air traffic. We expect the free movement of goods returning no later than autumn / winter of this year, which does not imply any significant change in our project schedule. Even an interruption of air travel and goods traffic for a whole year would be feasible. However, for various reasons, we do not believe that African countries will remain closed for that long: The population of Africa has always been exposed to malaria, a disease 2 to 3 times more dangerous than Sars-2. This regular exposure has already strengthened the citizen’s immune systems against Sars-2. The average population is very young, and the Corona virus is much less likely to find its main target group of very elderly or multimorbid persons than in other parts of the world.

Contact

weelectrify.Africa UG (haftungsbeschränkt)
Am Einlass 3a
80469 Munich
Germany

DE +49 800 12 77 883 (toll free)
FR +33 7 49 40 34 63
AL +213 550 811612
info@weelectrify.africa

Amtsgericht München
HRB 251683

The provider of the investment opportunity presented on this page in accordance of the German Asset Management Act is weelectrify.Africa UG. weelectrify.Africa UG is solely responsible for the content presented, as well as for the information and documents provided within the framework of the investment offer.

Frankfurter Finanzanlagenvermittlung GmbH, Baseler Straße 10, 60329 Frankfurt am Main, Germany, is the financial investment broker and operator of the weelectrify.Africa Internet service platform pursuant to section 2a (3) of the German Investment Management Act (VermAnlG).