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PEBL the Namibia-based CPU producer secures funding from Germany’s GreenTec Capital

by Milicent Atieno

PEBL is a company based in Namibia and produces high-tech Central Processing Units (CPUs). The company has successfully secured funding from Germany’s GreenTech Capital. The company reports that the fund will go towards, expanding the CPUs footprint across the globe.

The company was founded in 2015 and makes tailor-made CPUs that addresses the unique needs a variety of users. They make CPUs for variety of uses ranging from IoT, home security, media, and business computing.

The company’s CPUs are high-performing small form-factor computers that can be configured to meet the unique needs of customers.

As more and more small and medium-sized enterprizes (SMEs) are developing in Africa, 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. This is due in part to the low presence of major PC manufacturers on the continent as well as lack of affordable option suitable to customer’s personal and business needs.” – reads a statement from GreenTec Capital.

Part of the PEBL’s CPUs are manufactured in Namibia, while the rest is imported. The company plans to move all productions to take place in the assembly line in Namibia. This plan is set to be operation by sometime mid next year.

GreenTech has also in the recent past invested in Kenya’s insurtech platform Bismart and Nigeria’s logistics startup Parcel-it. The company is also increasingly eyeing the West African investment space and has already set up an office in Nigeria.

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