In Brief: GreenTec Capital has invested in Namibia's PEBL

GreenTec has today announced that they made an investment into Namibia-based PEBL, a "producer of high-tech central processing units (CPUs) to support Africa’s growing IT needs."

As with most GreenTec deals, no financial details were provided. However, it is highly likely that the deal has some non-monetary aspects like the one they did with Parcel-IT a few weeks ago. Or, as many of the deals - in Kenya's Bismart and Uganda's Wazi Vision - they have focused on, have been.

Founded in 2015, PEBL is a "producer of high-tech central processing units (CPUs) to support Africa’s growing IT needs".

According to GreenTec, more and more small and medium-sized enterprises (SMEs) are developing in Africa. At the same time, their technology needs are growing.

"Yet despite this growth, the penetration of computers in Africa is still very low, with only three computers for every one thousand Africans," writes GreenTec.  Adding that, "this is due in part to the low presence of major PC manufacturers on the continent as well as a lack of affordable options suitable to customer’s personal and business needs."

PEBL’s vision is to change this situation. That is by manufacturing tailor-made CPUs that fit each customer’s identity and needs by giving them the option to customize their machines.

This will be done with the "highest quality hardware and software components" for a range of computing applications including IoT, media, home security, business computing, as well as a range of personal computing options.

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