Our portfolio
We make minority equity, quasi-equity and debt investments in companies led by world-class founders taking innovative approaches to solving big problems in our focus sectors. We prefer business models where increased profits creates increased impact and vice versa.
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M-KOPA
M-KOPA is a connected asset financing platform that offers millions of underbanked customers access to life-enhancing products, including solar lighting, televisions, fridges, smartphones & financial services.
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Twiga Foods
Twiga Foods is revolutionising urban Africa's informal wholesale markets. Their mobile-based business-to-business (B2B) supply platform moves fresh fruits and vegetables directly from farmers to informal street vendors, providing a guaranteed market for farmers and less expensive goods for vendors.
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Burn Manufacturing
Burn is revolutionising the clean cookstove sector in Sub-Saharan Africa. Since 2013, BURN has sold hundreds of thousands of cookstoves, improving the environment and saving consumers tens of millions in charcoal costs.
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Wasoko
Wasoko provides same-day delivery of FMCG products to retailers at the lowest prices available in the market. The Company aggregates demand to secure low prices and leverages their tech-enabled operating platform that delivers efficiency, effectiveness and an outstanding customer experience; and integrated BNPL to provide customers with more working capital to support the development of their business.
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Watu
Watu is an asset financing company for motyorcycles and other two-wheelers. Watu is an asset financing company revolutionising financial inclusion and mobility for millions in Africa.
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Java foods
Java Foods provides convenient, affordable and nutritious foods sourced from local farmers. Its goal is to become the leading food manufacturer in Southern Africa, committed to delivering high-quality and healthy food from local products at affordable prices.
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PowerGen Renewable Energy
PowerGen is an energy service company powering homes, small businesses and communities through solar micro-grids in East Africa. The customer-centric model sells power on a pay-as-you-go basis. It has become a leader in the microgrid sector since its launch in 2011. PowerGen is now developing into a full private utility.
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People's Pension Trust
Over 80% of the people in Ghana are not prepared for retirement. Because many of them work in the informal sector, they cannot save for their pension. This results in people falling back into poverty after they stop working because of their age. People's Pension Trust is a micro pension company in Ghana that helps people save money for retirement.
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Equity for Tanzania (EFTA)
EFTA is a Tanzanian finance company which provides capacity-building support and innovative leases in the range of US$2,000 - US$50,000 (averaging US$24,000 per investment) to micro-enterprises primarily in the agricultural value chain.
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Sidai
For rural pastoralists, livestock are a critical source of food, income and savings. Sidai supplies quality veterinary and farming inputs and training in Kenya through a network of branded stores and franchise retail outlets involving livestock and farming professionals. Sidai aims to establish a quality, trusted brand that provides improved last-mile distribution of products and services geared toward improving livestock health.
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ACRE Africa
Acre Africa occupies a unique position in the agricultural insurance value chain by combining technical product design, stakeholder coordination, and business development. The company works directly to improve the capacity of local insurance companies to add index products to their portfolios using its actuarial and product development expertise. The team collaborates with local agricultural organisations to tailor and implement insurance products.
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responsAbility Energy Access Fund
The responsAbility Energy Access Fund is an open-ended investment vehicle to provide debt financing between USD 500,000 and 3 million to entities operating across the entire renewable energy sector value chain. The growth of these small- and medium-sized enterprises is critical to catalysing energy access for low-income households at scale.
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Zoona
Zoona provides affordable financial services such as money transfers, savings, credit and bill payments to predominantly unbanked customers in Zambia, Malawi and Mozambique. Zoona provides these services to over one million customers through a network of agents who operate thousands of outlets.
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Rent to own
Rent to Own provides high-impact assets to micro-entrepreneurs in rural Zambia. These assets (such as refrigerators, hammer mills and irrigation pumps) help catalyse business growth and improvement in prosperity for clients who do not have access to such equipment in underdeveloped and disadvantaged communities.
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Africinvest Financial Sector Fund
Africinvest Financial Sector Fund is a private equity and venture capital fund specialising in early-stage investments. The fund seeks to invest in the financial sector with a focus on small financial institutions. It prefers to invest in Sub-Saharan Africa. The investment size ranges from €1 million ($1.42 million) to €2 million ($2.86 million), with a possibility to reach more significant amounts through co-investment with other partners.
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Ethiopia Growth and Transformation Fund (EGTF)
Established in 2012, the Ethiopia Growth and Transformation Fund (EGTF) is the first ever private equity fund devoted to Ethiopia, investing in small and medium-sized businesses within the manufacturing and services sectors. Since the launch of the Fund, several new private equity firms have entered the Ethiopian market.
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EthioChicken and Uzima Chicken
EthioChicken and Uzima Chicken bring healthy and affordable eggs and meat to families across Ethiopia and Rwanda, improving nutrition, enhancing rural farmer livelihoods, and creating income opportunities for our customers and partners. They are focused exclusively on reaching smallholder farmers and have created an innovative, economically viable, and replicable distribution model to reach rural households.
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I&P Afrique 1 & 2
I&P's Afrique funds are impact-oriented venture capital vehicles targeting high-potential SMEs and microfinance institutions in Francophone West Africa. Supported by a network of regional field offices, I&P Afrique provides in-depth management support and technical assistance to strengthen local management teams.
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African Rivers Fund (ARF)
African Rivers Fund (ARF) invests in small and medium-sized enterprises (SMEs) in the Central African region. Burundi, Central African Republic, Democratic Republic of Congo, Republic of Congo and Uganda are covered. The Fund aims to achieve sustainable economic development by (i) encouraging entrepreneurship in these fast-growing markets and (ii) creating a local manufacturing, services and agricultural base to provide Central African economies with locally produced goods and services.
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The Central Africa SME Fund (CASF)
The Central Africa SME Fund (CASF) is an investment fund investing in small and medium-sized enterprises (SMEs) in the Democratic Republic of Congo (DRC) and the Central African Republic (CAR). The Fund is based on the belief that encouraging entrepreneurship in growing markets like DRC and CAR will lead to sustainable economic development.
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Nomou
Over the next ten years, Nomou seeks to invest in and support 600 start-ups and existing SMEs, creating more than 15,000 sustainable jobs and improving an estimated 195,000 livelihoods in the Middle East and Northern Africa region.
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Injaro
Injaro's investment activities advance the social objectives of alleviating poverty and revitalising distressed regions in West Africa. Injaro makes investments in debt, quasi-equity, and equity in small-and medium-sized enterprises along the agricultural value chain in West Africa.