Zach Bijesse
1.2K posts

Zach Bijesse
@ZachBijesse
CEO at Archer. Formerly CEO at Payhippo (YC S21)







It's Earth Day 2025🌍 and we need to talk about climate tech in Africa. It's become a huge part of African venture and tech, growing from <15% of total startup funding in 2021 to 45% in 2025 so far. For a category holding up almost *half* of all startup funding on the continent, the discussion and debate around it is dangerously quiet. First, we must agree on a couple of facts: 1. The climate challenge is about gases in the atmosphere 2. Africa does not shift the needle in those greenhouse gas emissions I think most climate funds have recognized these two facts. I don't think we've reacted effectively because the ecosystem's climate mandate is top-down and rigid: impact-driven LPs rode the wave of a global climate movement and pushed conditional capital through African fund managers. And it's not the impact LPs' faults either. Their government constituents rightfully care about climate change and they deserve that their taxes go towards global problems they want to see solved. So practically, we now have early-stage African funds asking pre-seed founders to track greenhouse gas (GHG) emissions. It's like reaching out to someone who's drowning, then handing them a spreadsheet asking for GHG emissions. But even worse, if we circle back to the above two facts, those GHG reductions don't even matter from a planetary perspective. But there's no way for an African fund manager to shift the demands of a DFI's taxpayer - they can only dilute what it means to meet that obligation. And trust me - that's the actual discussion that's going on in the whispered halls of African VC. So we see an expansion of the climate mandate in African tech: 1. The impact-oriented drift towards climate resilience and adaptation 2. The commercially-oriented drift towards energy solutions Again, both aren't without merit. It's true that we need to prepare the continent for the devastating effects of climate. It's also true that there's a growing demand for clean energy, especially PV solar and EVs. However, what's also undeniable is that both these approaches detach themselves from our first set of facts: climate change is about gases in the atmosphere and Africa is an inconsequential emitter. We are are not providing venture-backable solutions to climate change - we are providing solutions for a need to "fund climate-tech" Still, it's mostly well-meaning people doing hard work and I don't have the right answer. However, I know this is a house of cards that is facing political headwinds while holding up half our of funding base. It's an existential discussion. I do have some thoughts on what a more Africa-aligned climate startup would look like, but what you do think? -- Shoutout to @yishan's thoughts on the subject more generally: x.com/yishan/status/…








