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.
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.
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.
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