AHL Venture Partners

AHL Venture Partners, established in 2007, is a Vancouver-based venture capital firm with offices in Nairobi, Lusaka, and Accra. It specializes in providing growth capital to companies operating in energy access, financial inclusion, agriculture, and climate sectors, primarily in Eastern and Southern Africa. The firm is known for its entrepreneur-centric approach, making swift investment decisions, participating in follow-on funding rounds, and offering ongoing business support through locally based teams with deep market insights.

Lydia Nyomongo

Investment Associate

Rosanne Whalley

CEO

Past deals in East Africa

Ampersand

Series A in 2024
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.

Crop Nutrition Laboratory Services (Cropnuts)

Venture Round in 2019
Crop Nutrition Laboratory Services (CROPNUTS) is East Africa’s leading private agricultural services company. We provide our customers with world class laboratory, precision agriculture and soil fertility and fertilizer use advisory services. We partner with farmers to increase their profitability, by raising crop yields through better soil and fertilizer management, and by reducing their input costs through a combination of building healthy soils and adopting precision farming technology.

Sidai Africa

Series A in 2019
Sidai Africa Ltd, founded in 2011 and based in Nairobi, Kenya, specializes in supplying a comprehensive range of agrichemicals, fertilizers, seeds, and livestock services tailored for farmers and pastoralists. The company offers a variety of products, including antibiotics, acaricides, animal feeds, and veterinary equipment, along with specialized services such as clinical care, artificial insemination, and farmer extension support. Sidai operates through a network of professionally-staffed retail outlets and franchises, employing a unique service delivery model that effectively reaches underserved communities in remote areas. In addition to product supply, Sidai provides franchise support, including business planning, training, and access to finance, enhancing the capabilities of its partners while ensuring the availability of quality agricultural inputs.

Rent to Own

Seed Round in 2018
Rent to Own Ltd. is a company based in Lusaka, Zambia, founded in 2010, that focuses on providing affordable financing to small-scale entrepreneurs in rural areas. The company offers a range of essential assets, including refrigerators, hammer mills, and irrigation pumps, which are crucial for farming and food production. By implementing various rental arrangements, Rent to Own assists business owners in building their assets and expanding their services. The company tailors its offerings to meet the specific needs of each client, providing a guided asset selection process, direct distribution, and one-on-one training for equipment maintenance and usage. Additionally, Rent to Own employs a unique six-step loan process that mitigates repayment risk and ensures optimal use of the provided equipment, thereby supporting the growth potential of businesses in these rural communities.

Twiga Foods

Series A in 2017
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

EthioChicken

Venture Round in 2016
EthioChicken operates as a poultry production company in East Africa, with its primary entities being AGP Poultry PLC, Mekelle Farms Ltd, and Andasa Poultry PLC. The company focuses on breeding and hatching day-old chickens, as well as producing affordable blended feed. By partnering with smallholder farmers, EthioChicken aims to improve nutrition and enhance the livelihoods of rural farmers, while also creating income opportunities in the region. The company’s efforts contribute to making poultry products more accessible, thereby supporting local economies and food security.

PowerGen Renewable Energy

Series A in 2016
PowerGen Renewable Energy is a leading provider of energy solutions in East Africa, focused on transforming energy access for residential, community, commercial, government, and industrial customers. Founded in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company specializes in the development, construction, and operation of solar mini-grids. PowerGen offers a range of services including engineering, procurement, construction, and financing, ensuring affordable and reliable power for communities that are not connected to national electricity networks. As a pioneer in the solar mini-grid sector, PowerGen is committed to driving the clean energy transition across Africa and is a founding member of the Africa Mini-grid Developers Association, collaborating with various sector leaders to enhance energy access in the region.

Sidai Africa

Venture Round in 2014
Sidai Africa Ltd, founded in 2011 and based in Nairobi, Kenya, specializes in supplying a comprehensive range of agrichemicals, fertilizers, seeds, and livestock services tailored for farmers and pastoralists. The company offers a variety of products, including antibiotics, acaricides, animal feeds, and veterinary equipment, along with specialized services such as clinical care, artificial insemination, and farmer extension support. Sidai operates through a network of professionally-staffed retail outlets and franchises, employing a unique service delivery model that effectively reaches underserved communities in remote areas. In addition to product supply, Sidai provides franchise support, including business planning, training, and access to finance, enhancing the capabilities of its partners while ensuring the availability of quality agricultural inputs.

Zoona

Venture Round in 2014
Zoona is a mobile technology company focused on providing financial services to underserved communities across Africa. Founded in 2009, it has established a robust distribution network that facilitates money transfers, electronic voucher payments, savings, credit, and bill payments primarily for unbanked customers. With operations in Zambia, Malawi, and Mozambique, Zoona leverages cutting-edge technology and a network of agents to ensure safe and reliable access to financial services. The company has processed over $2 billion in transactions and has received recognition from organizations such as The Nike Foundation and The Unreasonable Group for its impactful contributions to empowering young entrepreneurs and helping to alleviate poverty, particularly among girls.

EFTA

Venture Round in 2012
EFTA Ltd is a Tanzanian finance company based in Moshi, with an additional branch in Dar es Salaam. Established in 2003, it specializes in providing equipment loans primarily to small and medium enterprises and farmers across various industries, including construction, agricultural processing, and transportation. EFTA offers a range of financing options, including standard equipment loans, loans for movable equipment, and repeat loans for returning customers. Additionally, it facilitates loans for customers seeking to import equipment from countries such as India, Kenya, or China, and provides low-interest rate loans through preferred suppliers. The company also extends larger leases for agricultural ventures, enabling clients to access funding without requiring collateral beyond the equipment financed. Through these services, EFTA aims to support the growth and efficiency of micro-enterprises, particularly in the agri-business sector.
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