DOB Equity

DOB Equity is a private equity firm focused on providing growth capital and implementing buy-and-build strategies for small and medium-sized enterprises. The firm seeks to invest in companies with significant growth potential, aiming to enhance their value through strategic support and operational improvements. By concentrating on this segment of the market, DOB Equity aims to drive sustainable business development and create lasting impact in the regions it operates.

Hayo Afman

Managing Director

Zipporah Gakuu

Investment Analyst

Toine Huijbers

Co-CEO and CFO

Ralph Jansen

Investment Manager

Saskia van der Mast

Investment Manager

Vera Wachira

Investment Manager

Brigit van Dijk – van de Reijt

CEO

Anthony Mahira

Investment Manager

Past deals in Tanzania

Tanga Fresh

Private Equity Round in 2020
Tanga Fresh Ltd. is a milk processing company located in Tanga, Tanzania. It specializes in the production of quality dairy products, including fresh pasteurized milk, flavored yogurt, mozzarella cheese, butter, and ghee. By offering a diverse range of everyday dairy items, Tanga Fresh aims to provide customers with healthy and nutritious options.

Natural Extract Industries

Private Equity Round in 2019
Natural Extract Industries Ltd, based in Moshi, Tanzania, specializes in the production of natural vanilla and chocolate flavor ingredients. Founded in 2011, the company offers a range of products, including gourmet vanilla pods and cocoa powder, marketed under the brand EPICURIOUS HEDGEHOG. It sources its ingredients from over 1,600 smallholder farmers, promoting ethical and sustainable agricultural practices. The company not only supplies bakeries, dairy processors, cafes, and restaurants in East Africa, Europe, and North America but also provides training services to farmers to enhance their vanilla crop production. By adding value to local crops, Natural Extract Industries aims to accelerate economic development for these farmers, enabling them to build sustainable livelihoods for themselves and future generations.

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.

Tanga Fresh

Private Equity Round in 2007
Tanga Fresh Ltd. is a milk processing company located in Tanga, Tanzania. It specializes in the production of quality dairy products, including fresh pasteurized milk, flavored yogurt, mozzarella cheese, butter, and ghee. By offering a diverse range of everyday dairy items, Tanga Fresh aims to provide customers with healthy and nutritious options.
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