KFW DEG

DEG finances companies investing in developing and emerging-market countries. They offer financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide and their international network. For entrepreneurial success and development.

Monika Beck

Managing Director

Ingo Schulz

Vice President

Gunnar Stork

Senior Director

Past deals in COMESA

Zuri Health

Grant in 2022
Zuri Health is a virtual hospital focused on delivering accessible healthcare solutions to patients across Sub-Saharan Africa. Through its mobile app, website, and an artificial intelligence-powered chatbot, Zuri Health allows users to consult with doctors, purchase medications, and book laboratory and diagnostic tests. The platform also offers telemedicine services and facilitates home visits from healthcare professionals. By providing these services via mobile technology, including SMS for those without smartphones, Zuri Health aims to reach individuals in rural and underserved areas, ensuring that affordable healthcare is accessible to a broader population.

agriBORA

Grant in 2022
agriBORA builds an end-to-end ecosystem around farmers, bringing farming inputs, financial services, and the output market closer together. They balances the use of technology and human touch to de-risk smallholder agriculture systems and improve farm productivity and facilitate effective trading in collaboration with their partners.

Kiri EV

Grant in 2022
Kiri EV is a manufacturer of electric vehicles and charging systems focused on the Kenyan and East African markets. The company produces a variety of electric transportation options, including scooters, motorcycles, auto rickshaws, and carriers. Their vehicles incorporate advanced features such as direct current motor technology, antilock braking systems, customizable components, removable batteries, and silent motors. Kiri EV aims to demonstrate the viability and importance of electric vehicles in transforming transportation across the African continent, challenging the traditional motor industry in the process. By offering affordable and innovative solutions, Kiri EV seeks to promote the adoption of electric mobility in the region.

Copia Global

Series C in 2022
Copia Global is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in developing regions. Founded in 2013, the company enables users to browse products and place orders through a mobile application, which also allows local shopkeepers to manage orders and payments via a mobile payment system. By leveraging mobile technologies and a network of local agents, Copia Global facilitates access to a wide range of quality goods for rural and peri-urban consumers. This innovative approach ensures that individuals without reliable internet access can still make purchases and receive products conveniently, ultimately empowering them as consumers.

Eranove

Venture Round in 2021
Eranove SA, formerly known as Finagestion, is a prominent provider of public service management, focusing on electricity and drinking water production in West Africa. The company operates in Côte d’Ivoire, Senegal, and the Democratic Republic of Congo, with a long-standing presence in these regions. Its activities encompass electricity generation through hydroelectric dams and thermal power stations, as well as the transmission and distribution of electricity. Eranove is also involved in the production and distribution of potable water, managing treatment facilities and water transport networks. Additionally, the company addresses sewage and rainwater collection and offers data transmission services through power lines. Eranove is committed to corporate social responsibility, adhering to quality and environmental standards recognized by international certifications. Founded in 2003 and headquartered in Paris, France, Eranove plays a critical role in enhancing access to essential services across its operational territories.

Daystar Power

Debt Financing in 2021
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.

Liquid Intelligent Technologies

Debt Financing in 2021
Liquid Telecom is an independent data, voice, and IP provider that commits to build a digital future. Liquid Telecom has built Africa’s largest single fibre network, currently stretching over 18,000km across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. The award-winning Pan-African fibre network covers Africa’s fastest growing economies, where no fixed network has existed before.

Sky.Garden

Grant in 2019
Sky.Garden develops an online platform that enables businesses to sell any product to defined audiences in Africa. The company also offers its services through a mobile application. The company serves informal traders, small and medium enterprises, and established businesses. The company was founded in 2015 and is based in Nairobi, Kenya.

GreenPath Food

Venture Round in 2019
GreenPath Food, Inc. is a company based in Butajira, Ethiopia, that specializes in the production and sale of avocados as well as a variety of other organic fruits and vegetables, including African bird’s eye chili, edamame, lemongrass, moringa, and rosemary. The company focuses on enhancing food production on Partner Farms by promoting organic, bio-diverse, and sustainable farming practices. This approach not only increases the yield of nutritious crops but also helps farmers move away from reliance on synthetic chemicals and pesticides, which can harm both the environment and human health. By cultivating food through permaculture-based methods and without machinery, GreenPath supports smallholder agriculture, contributing to sustainable supply chains and enabling farmers in East Africa to adopt environmentally friendly practices while providing consumers with fresh, healthy produce.

M-Birr

Venture Round in 2018
M-BIRR Limited is a provider of mobile banking services based in Dublin, Ireland, offering a comprehensive platform for mobile money transactions in Ethiopia. Established in 2001, M-BIRR facilitates a range of financial services, including domestic money transfers, balance inquiries, loan repayments, cash in/out through an extensive agent network, and international remittances. Users can conveniently pay for goods and services directly from their mobile phones, eliminating the need for time-consuming travel and queuing. The platform also enables utility bill payments and supports businesses with marketing and strategy consulting. M-BIRR is designed to cater to both residential and business customers, as well as banks and microfinance institutions, ensuring efficient and reliable financial transactions available around the clock.

Orb Energy

Debt Financing in 2018
Orb Energy Private Limited specializes in designing, manufacturing, marketing, selling, installing, and servicing solar photovoltaic and solar water heating systems for residential and commercial customers. Founded in 2006, the company is headquartered in Bengaluru, India, with additional operations in Kenya and Singapore. Its product range includes polycrystalline and monocrystalline solar panels, solar inverters, solar street lights, solar rooftops, solar power plants, solar water pumping systems, and heat pumps. Orb Energy also offers franchising opportunities, enabling customers to sell its products through a network of over 90 branches. The company aims to provide affordable renewable energy solutions, particularly targeting off-grid households in India. With plans to expand its branch network and workforce, Orb Energy seeks to increase its reach and impact in the renewable energy sector.

Daystar Power

Seed Round in 2017
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
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