Persistent Stories

  1. In Focus: Africa Climate Tech Summit – Why it is important for us to Leverage Innovation for Climate Resilience NOW

    March 5, 2024
    The Africa Tech Summit is a premier event that brings together key players from across the tech and climate sectors in Africa and beyond. This annual gathering in Nairobi serves as a crucial platform for startups, investors, corporates, and policymakers to exchange ideas, forge partnerships, and explore the latest innovations driving a climate resilient future on the continent. The summit, which is also hosting the Africa Climate Tech Summit, spans various critical areas, including fintech, agritech, e-mobility, and renewable energy, making it an essential convergence point for those at the forefront of Africa's technological and environmental advancements.
    Read more
  2. Building Africa’s Next Venture with Circadian

    March 4, 2024
    As the pressing challenges of climate change, energy instability, and the escalating costs of fossil fuels become evident daily, it is now increasingly crucial to explore sustainable and reliable energy solutions while this is slowly being adopted, the global energy industry continues to struggle with decorbanization and digitalization. The IEA’s World Energy Outlook 2021 report stated that digital technologies play crucial roles in integrating different aspects of the new energy system, therefore accelerating the urgent need for a shift towards decarbonized and digitized energy systems. It is within this challenging yet transformative context that Persistent’s decision to invest in Circadian becomes not just strategic but imperative.
    Read more
  3. Persistent ABC: S for Solar Receivables Finco

    December 18, 2023
    Over the years, Off grid solar home systems (SHS) have provided clean energy to nearly 500 million people worldwide. In Africa, 50% of these numbers are people who have not been able to have access to clean and renewable energy. It is safe to say the PayGo sector has come to revolutionize access to clean and affordable energy in Africa and even in the world at large.
    Read more
  4. Persistent ABC: L for Lagos

    November 15, 2023
    Lagos, largest city in Nigeria is a dynamic city with a population of about 15 million. Lagos has a vibrant and thriving startup scene, known for its entrepreneurial spirit and technological advancements on the continent. This is one of many reasons why Persistent has this year revitalized its presence there, corresponding with the growth of our Nigerian team. Recognizing the potential, Persistent is committed to continue developing its network in the region by establishing relationships in the Nigerian Climate community and identifying promising startups, particularly in the fields of Agtech and the Circular Economy.  
    Read more
  5. Persistent ABC: T for Team

    November 6, 2023
    Persistent is powered by a team of impact-driven early-stage investors who support exceptional entrepreneurs building climate technology businesses. We are investors, entrepreneurs, technologists, and lawyers, all united behind a vision to create a more sustainable Africa and accelerate climate technology across the continent. Our team is diverse, consisting of members from various African backgrounds who contribute to different aspects of our initiatives and we are proud to have a composition of 80%+ team members based in Africa, 60%+ African team members, and 60%+ female representation in the entire team structure.
    Read more
  6. My Climate Journey with Persistent Managing Partner, Tobias Ruckstuhl

    October 18, 2023
    "I did grow up in rural central Africa, spent my childhood there, and firsthand experienced the struggles of reliable and renewable energy, which later on led me back to joining Persistent nearly seven years ago." These were the words of Persistent Managing Partner, Tobias Ruckstuhl, CMA during an episode of MCJ Collective alongside Bimbola Adisa, CEO of Beacon Power Services, our partner company based in Lagos, Nigeria.
  7. Persistent in Lagos – Best Of!

    July 12, 2023
    We had an impactful time in Lagos and are excited to further expand our presence in both Lagos and Nigeria as a whole. In this video, you will get a glimpse of our experience in Lagos. For the full video, please check below.
  8. Persistent in Lagos

    July 12, 2023
    Persistent is making significant efforts to expand its presence in Lagos and Nigeria as a whole. The West African country has a vibrant and thriving startup scene, known for its entrepreneurial spirit and technological advancements on the continent. Persistent has four partner companies in Nigeria after our exit from Daystar last year: commercial and industrial (C&I) solar developer Rensource and energy efficiency firm Beacon Power Services, as well as off-grid solar company Oolu and credit enabler Migo. Are you a startup in Nigeria interested in working with us? Reach out to and get in touch!
  9. 2022 Climate Venture Building Conference

    December 22, 2022
    On October 26th Persistent hosted it´s very first Climate Venture Building Conference in Nairobi. The full day event was an example of Persistent´s commitment to a collaborative approach to accelerate the development of climate positive sectors, contributing to strengthening that venture ecosystem. It was the first time in the 10 years of Persistent history that we brought together our partner company leaders from across Africa, and exposed them to our shareholders, team members and other Persistent partners and friends. The aim was to not only showcase the great work Persistent strives to do, but also to allow exchanges among Persistent’s many constituents and to create more cohesion among everyone in the Persistent family.
  10. Join us!

    September 19, 2022
    We believe in the power of climate-positive economic development in Africa. Reach out to us today to join our journey.
  11. Persistent at the Nairobi Idea Exchange

    July 28, 2022
    It was a pleasure to participate in the "Nairobi Ideas Exchange" hosted by The Mawazo Institute. Persistent Venture Builder Faith Wilson and Legal Associate Carol Masila-Maiko joined the panel "Gender-Lens Investing" together with Kim-Andrée Potvin from Bamboo Capital Partners and Maina Mwangi from Innovations Incubation Center at Kenyatta University.
  12. Persistent raises $10 Million Equity Round led by Kyuden International

    July 12, 2022
    What better feeling to celebrate our 10-year anniversary than with the excitement of having raised $10 million in our #SeriesC Equity Round, led by Kyuden International Corporation and FSD Africa Investments. This raise will enable Persistent to expand its successful climate venture building business to new geographies and innovative business models tackling climate change across Africa.