This is a good organisation doing good things and am happy to be involved with it. Once it is set up it seems easy to use. Of course there is risk and that is not in any way hidden. They seem good at telling you when things are not going to plan but have (significant) further work to do in explaining what is going on to those of us who do not understand finance
Good work, but communications about new investments could be more helpful. e.g. by giving available ISA balance for investment at an early stage
Energise Africa is a great way to invest in projects that provide sustainable, green energy to people in developing countries. They are clear about the risks of such investments, as well as the benefits, and are diligent in their research to minimise these risks. My two previous investments have both done well, and I have just placed a third order. Highly recommended!
Usually offers are snapped up so quickly that I fail to invest. This time I've been able to and the process was easy, however, be aware that you need to register with them first and provide ID, which can take a while so best to register if you might want to invest through them.
LACK OF TRANSPARENCY ON 17.5 % OVERDUE ACCOUNTS AND POOR COMMUNICATION. There are many warnings on the website about investment risk but the key statistic that 17.5% of loans are overdue and 1.6% written off is buried right at the bottom of the front page...you need to know where to look! The significant overdue loans figure should be highlighted at the top of the home page but this of course conflicts with marketing new Investments... A significant number of investors are likely to lose money on future loans of this type..an ethical company should treat potential Investors ethically by giving them easy to find material information! When loans become overdue communication is pretty sporadic. There is often over a year between updates! Both these issue were raised in a phone call with the CEO Lisa Ashford over a year ago and in my have not been adequately addressed !!
This is a first class investment for the investor and I hope for the project. The backup documents are complete and comprehensive and tell the investor everything they might want to know. Transferring the money online could not be simpler.
Have lost 2.5k from an investment. Yes I know they give a warning and went in knowing this in theory but I really am not sure on the quality of diligence that is really being done. Especially given the complete lack of information they have provided over previous 3 years
EnergiseAfrica is doing a great job and I am delighted to be helping in my own small way. They provide information very clearly and were most helpful the only time I needed to speak to someone by phone.
Website a bit slow, but recently improved. Regular email updates on new investments - be warned, you have to be quick to invest, as these are usually full to completion very quickly. There is a risk to capital, which is highlighted on the website and in the documents, mitigated by spreading investments.
Great projects, great company, and fantastic to invest my money in schemes which help low income families AND tackle climate change. There have been some late payments on some of my investments, and I think that with COVID and the wider economic situation globally, some of the companies I invested in have run into trouble, but I can see that Energise Afica are working to recover funds, and have recently been good at keeping me up to date. The impact that these investments have is certainly worth the risks, which are clearly explained on the site.