DOB Equity

Founded in 1997, DOB Equity is a Dutch-based impact investor focused on making strategic investments in small to medium-sized companies across East Africa. The firm aims to generate positive social and economic impacts through its investments.

Hayo Afman

Managing Director

Zipporah Gakuu

Investment Analyst

Toine Huijbers

Co-CEO and CFO

Ralph Jansen

Investment Manager

Anthony Mahira

Investment Manager

Vera Wachira

Investment Manager

Saskia van der Mast

Investment Manager

Past deals in Tanzania

Natural Extracts Industries

Private Equity Round in 2019
Founded in 2011, Natural Extracts Industries is a Tanzanian company specializing in the production of ethically sourced, sustainably grown natural flavor extracts. It offers vanilla, chocolate, orange, coffee, and cinnamon products under the brand EPICURIOUS HEDGEHOG, serving clients across East Africa, Europe, and North America. The company empowers over 1,600 smallholder farmers by integrating them into its supply chain.

PowerGen Renewable Energy

Series B in 2019
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.

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.
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