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Majicom partners with INNO-NEAT to Expand Sustainable Water Technology in East Africa
Dec 27, 2024•over 1 year ago
Contract Type
partnership
CambridgeSolarWaterDescription
Majicom has received significant financial support from Cambridge Enterprise Ventures, Innovate UK, and the Royal Academy of Engineering to accelerate its mission of providing affordable clean water to communities across East Africa. The investment will be used to extend product pilots beyond Tanzania into neighboring Kenya, as well as forge a strategic partnership with INNO-NEAT, a Kenyan technology company tackling the problem of e-waste.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months