Kenya's Safi Protocol pioneers a blockchain-based platform connecting cryptocurrency investors with clean energy projects in Africa. Founded in 2022, it facilitates seamless access to clean energy solutions while offering innovative investment opportunities in the DeFi ecosystem. Safi Protocol's unique approach addresses funding challenges faced by clean energy projects in Africa, allowing them to tap into global capital markets efficiently. With a successful pre-seed round and operations in Kenya, Uganda, South Africa, and Nigeria, Safi Protocol aims to expand its reach to other African countries, establishing a strong presence in regions with similar energy challenges. The platform generates revenue through transaction fees and value-added services, paving the way for profitability in 2024.
- Safi Protocol bridges DeFi and clean energy, connecting cryptocurrency investors with projects in need of funding.
- The platform addresses funding gaps for clean energy projects in Africa, offering an efficient alternative to traditional financing methods.
- Safi Protocol's unique blend of DeFi and clean energy sets it apart, leading to promising early uptake with 50 projects onboarded in less than a year.
- Operating in Kenya, Uganda, South Africa, and Nigeria, the platform plans strategic expansion into Zambia, Malawi, Ghana, and beyond.
- Revenue is generated through transaction fees and value-added services, with a clear path to profitability expected in 2024.
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