Etana Energy
Debt Financing in 2024
Etana Energy is an electricity trader focused on distributing electricity generated from renewable energy projects to businesses in South Africa. The company specializes in solar and wind energy, providing low-carbon electricity solutions that address the region's significant power needs. By offering competitive pricing, forward price certainty, and flexible contract terms, Etana Energy serves a diverse clientele that includes municipal, industrial, and retail customers. Through its trading services, the company aims to promote sustainable energy usage while ensuring reliable electricity supply.
Arab African International Bank
Debt Financing in 2024
Arab African International Bank is a banking institution based in Cairo, Egypt, offering a wide range of financial services. These services include personal and commercial banking, credit cards, payroll solutions, consumer finance, and business loans for small enterprises. The bank aims to meet the diverse financial needs of its clients by providing tailored solutions in corporate finance and wealth management. Through its comprehensive service offerings, Arab African International Bank supports both individual and business clients in achieving their financial goals.
InfraCredit
Debt Financing in 2024
InfraCredit provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria.
BasiGo
Debt Financing in 2024
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company specializes in developing online payment software that facilitates the conversion of cash into electronic money, providing integrated payment services that enhance financial accessibility. By offering a range of electronic payment and money transfer options, Paymob aims to empower businesses of all sizes and bridge the financial inclusion gap in the Middle East and Africa (MEA) region. Its technology helps mitigate risks associated with fraud, loss, and theft, while also improving the efficiency of money circulation. Through its innovative solutions, Paymob is committed to enabling underserved communities to access essential financial services.
Sonatel
Debt Financing in 2024
Sonatel SA, headquartered in Dakar, Senegal, is a leading telecommunications provider in West Africa, offering a wide range of services including fixed line, mobile, Internet, television, voice, and mobile money to both individuals and businesses. Established in 1985, Sonatel operates in Senegal and has expanded its reach to Mali, Guinea Bissau, Guinea, and Sierra Leone. The company has developed a modern, fully digitized network supported by high-speed optical fiber submarine cables, boasting one of Africa's largest Internet bandwidths at 6.5 Gbps. Through its Orange brand, Sonatel facilitates the convergence of mobile, Internet, and television technologies, playing a crucial role in the economic development of Senegal and positioning the country as a telecommunications hub in the region.
Trade and Development Bank -TDB
Debt Financing in 2024
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
BasiGo
Debt Financing in 2023
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.
Access Bank
Debt Financing in 2023
Access Bank, established in 1988 and headquartered in Lagos, Nigeria, is a commercial bank that offers a wide range of banking products and services to individual and business customers. The bank operates in Ghana and provides various accounts, including standard savings and current accounts, as well as specialized options such as access advantage and premier accounts. Access Bank also offers online banking services, facilitating ATM transactions, online access, point-of-sale terminal services, bill payments, and Western Union money transfers. In addition to personal banking, the bank provides corporate and investment banking, commercial and business banking services, along with mortgage loans and sustainable international banking solutions.
Dashen Bank
Debt Financing in 2023
Dashen Bank is a commercial bank based in Addis Ababa, Ethiopia, established in 1995. It provides a range of financial services, including saving deposits, current deposits, and fixed time deposits. The bank also offers various loan products such as consumer loans, term loans, merchandise loans, project loans, and overdraft facilities. In addition to traditional banking services, Dashen Bank features interest-free banking options and digital banking solutions, catering to the diverse needs of its customers. The bank is involved in international trade and provides guarantees, enhancing its role in the financial landscape of Ethiopia.
Gridworks Partners
Private Equity Round in 2023
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Kazyon
Venture Round in 2023
Kazyon is the largest discount supermarket chain in Egypt, operating over 450 stores across 17 governorates. The company focuses on providing essential food commodities through its marketplace, which includes a variety of products such as cooking items, dairy, frozen meat, frozen vegetables, and home baking goods. By offering a wide selection of essential goods in one location, Kazyon aims to make shopping convenient and affordable for its customers.
Standard Chartered
Debt Financing in 2023
Standard Chartered PLC, a multinational banking and financial services company, operates globally with a significant presence in Asia, Africa, Europe, the Americas, and the Middle East. It offers a broad range of banking products and services through four primary segments: Corporate & Institutional Banking, Retail Banking, Commercial Banking, and Private Banking. The company serves a diverse client base, including corporations, financial institutions, governments, small businesses, mid-sized companies, and individuals. Its services encompass retail products like deposits, savings, mortgages, credit cards, and personal loans; wealth management products and services; transaction banking services; corporate finance products and services; and financial market services. Standard Chartered also provides digital banking solutions. With approximately 1,026 branches worldwide, the company was founded in 1853 and is headquartered in London, United Kingdom.
Development Partners International
Venture Round in 2023
Development Partners International (DPI) is a prominent Pan-African private equity firm headquartered in London, United Kingdom. Established in 2007 by co-founders Miles Morland and Runa Alam, DPI focuses on leveraging strong local knowledge and expertise to invest in the African market. The firm has successfully built a diverse portfolio, managing over US$1.1 billion in assets across various sectors, including telecommunications, financial services, healthcare, agriculture, mining, and renewable energy. DPI's investment team, comprised entirely of African professionals, brings more than 100 years of collective experience in African investment, with a notable emphasis on gender diversity—over 40% of the team are women. This unique combination of local networks, language skills, and sector expertise enables DPI to effectively source and execute investment opportunities throughout the continent.
TradeDepot
Debt Financing in 2023
TradeDepot Inc. is a technology-driven distribution platform based in Lagos, Nigeria, founded in 2016. The company aims to revolutionize the fast-moving consumer goods (FMCG) sector in Africa by connecting top consumer goods companies directly with retailers. TradeDepot's SaaS platform offers features such as predictive trade intelligence, real-time stock level access, and the ability to place bulk orders online. It also enables the auto-generation of sales promotions, helping to enhance sales and streamline operations. By focusing on improving the distribution of food, beverages, and personal care products, TradeDepot seeks to build the largest retail distribution network in Africa and improve the livelihoods of retail store owners. The company also has an office in Wilmington, Delaware, reflecting its commitment to expanding its reach and impact.
Banque du Caire
Debt Financing in 2023
Banque du Caire, founded in 1952 and headquartered in Cairo, Egypt, is a commercial bank that offers a range of banking services for individuals, businesses, and corporations. The bank provides various financial products, including accounts, deposits, retail and personal loans, microfinance, and bancassurance. Additionally, Banque du Caire offers investment and treasury management services, alongside modern banking solutions such as online banking, phone banking, and a mobile banking app. Through these services, the bank aims to cater to the diverse financial needs of its clients while fostering economic growth in the region.
Zambia National Commercial Bank
Debt Financing in 2022
Zambia National Commercial Bank Plc, commonly known as Zanaco, is a prominent financial institution based in Lusaka, Zambia, established in 1969 to address the banking needs of the country. The bank operates through three main segments: Retail Banking, Corporate Banking, and Treasury Management, offering a wide range of services that include savings and current accounts, various types of loans, trade financing, and bancassurance. Zanaco caters to a diverse clientele, including individuals, small and medium-sized enterprises, large corporations, and government entities. Additionally, the bank provides digital banking services, debit and credit cards, and cash management solutions. With a network of 69 branches, around 200 automated teller machines, and 2,000 point-of-sale machines, Zanaco is well-equipped to serve the financial needs of the Zambian economy effectively.
Invictus Investment
Debt Financing in 2022
Invictus Investment is a company that specializes in the trading of various agricultural commodities and food products. Operating across multiple regions, including Africa, the Middle East, Europe, the USA, and Asia, it focuses on providing quality and consistent commodities directly from producers to consumers. The company deals in a diverse range of products, including grains, oilseeds, edible oils, animal feed, pulses, spray-dried gum Arabic, and meats. In addition to agricultural goods, Invictus Investment also engages in the trading of non-manufactured precious metals and other general items, positioning itself as a key player in the global commodities market.
Bboxx
Debt Financing in 2022
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.
African Guarantee Fund
Debt Financing in 2022
African Guarantee Fund is an economic development organization focused on enhancing prosperity and reducing poverty in Africa by supporting small and medium-sized enterprises (SMEs). The company provides various financial services, including equity guarantees and loan portfolio guarantees, which help banks mitigate risks associated with lending to SMEs. Additionally, it engages in bank fundraising and offers capacity development to strengthen the financial ecosystem. Through these initiatives, African Guarantee Fund aims to empower SMEs and become a leading non-bank financial institution that addresses Africa's financing needs.
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.
TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces. TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.
Lona Group
Venture Round in 2022
Lona Group is a manufacturer and exporter of citrus products based in Cape Town, South Africa. The company specializes in a diverse range of agricultural products, including grapefruit, mangoes, grapes, pears, plums, avocados, pomegranates, lemons, and oranges, along with various vegetables. Through its export operations, Lona Group plays a significant role in the global supply chain for fresh produce, providing high-quality fruits and vegetables to international markets.
Equity Group Holdings
Post in 2022
Equity Group Holdings is a financial services provider based in Nairobi, Kenya. It operates primarily through Equity Bank Kenya, which is a licensed commercial bank regulated by the Central Bank of Kenya. Equity Bank Kenya was established in 2014 following a corporate restructure of Equity Group Holdings Limited. The organization offers a range of banking and financial services aimed at various customer segments, contributing to the financial inclusion and economic empowerment of individuals and businesses in the region.
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company specializes in developing online payment software that facilitates the conversion of cash into electronic money, providing integrated payment services that enhance financial accessibility. By offering a range of electronic payment and money transfer options, Paymob aims to empower businesses of all sizes and bridge the financial inclusion gap in the Middle East and Africa (MEA) region. Its technology helps mitigate risks associated with fraud, loss, and theft, while also improving the efficiency of money circulation. Through its innovative solutions, Paymob is committed to enabling underserved communities to access essential financial services.
Apollo Agriculture
Series B in 2022
Apollo Agriculture, established in 2015, is a Kenyan agtech company with a presence in Nairobi. It specializes in providing smallholder farmers with access to critical farming inputs, financing, and advisory services. The company leverages agronomic machine learning, remote sensing, and mobile technology to assess credit risk and tailor financial and technical assistance to each farmer's unique needs and location. This approach aims to enhance farm yields and profitability in emerging markets, with a focus on Kenya.
Globeleq
Venture Round in 2022
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Gridworks Partners
Private Equity Round in 2022
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
TradeDepot
Series B in 2021
TradeDepot Inc. is a technology-driven distribution platform based in Lagos, Nigeria, founded in 2016. The company aims to revolutionize the fast-moving consumer goods (FMCG) sector in Africa by connecting top consumer goods companies directly with retailers. TradeDepot's SaaS platform offers features such as predictive trade intelligence, real-time stock level access, and the ability to place bulk orders online. It also enables the auto-generation of sales promotions, helping to enhance sales and streamline operations. By focusing on improving the distribution of food, beverages, and personal care products, TradeDepot seeks to build the largest retail distribution network in Africa and improve the livelihoods of retail store owners. The company also has an office in Wilmington, Delaware, reflecting its commitment to expanding its reach and impact.
Globeleq
Debt Financing in 2021
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Halan
Venture Round in 2021
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.
Globeleq
Venture Round in 2021
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces. TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.
Absa
Funding Round in 2021
Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.
Safaricom
Venture Round in 2021
Safaricom is a leading telecommunications company based in Nairobi, Kenya, founded in 1997. It operates as a mobile network provider, delivering a comprehensive range of services that include voice, data, and mobile banking solutions through its renowned platform, M-Pesa. Safaricom's offerings encompass international calls, roaming, mobile broadband, and various communication solutions such as SMS, messaging, and video conferencing. The company also provides internet connectivity options, including 4G and Fiber to Buildings, alongside IT consultancy services. Serving a diverse clientele that includes individuals, small businesses, and large enterprises, Safaricom generates the majority of its revenue from voice, mobile data, and M-Pesa transactions, as well as other integrated telecommunication services.
Safaricom is a leading telecommunications company based in Nairobi, Kenya, founded in 1997. It operates as a mobile network provider, delivering a comprehensive range of services that include voice, data, and mobile banking solutions through its renowned platform, M-Pesa. Safaricom's offerings encompass international calls, roaming, mobile broadband, and various communication solutions such as SMS, messaging, and video conferencing. The company also provides internet connectivity options, including 4G and Fiber to Buildings, alongside IT consultancy services. Serving a diverse clientele that includes individuals, small businesses, and large enterprises, Safaricom generates the majority of its revenue from voice, mobile data, and M-Pesa transactions, as well as other integrated telecommunication services.
Gridworks Partners
Private Equity Round in 2021
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Trade and Development Bank -TDB
Debt Financing in 2020
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
Liquid Intelligent Technologies
Funding Round in 2020
Liquid Intelligent Technologies is an independent data, voice, and IP provider focused on building a digital future for Africa. Founded in 2004 and headquartered in Ebène, Plaines Wilhems, the company has developed an extensive fiber network that spans over 18,000 kilometers across several African countries, including Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of Congo, Lesotho, and South Africa. Liquid Intelligent Technologies offers a variety of services such as broadband, leased lines, private networks, telecommunications connectivity, and web hosting. These services are designed to support both public and private sector enterprises in enhancing their digital experiences and navigating their digital journeys effectively.
Bank Of Africa
Post in 2020
Bank of Africa is a prominent banking institution founded in 1959 and headquartered in Casablanca, Morocco. It offers a wide range of banking products and services tailored for individuals, professionals, and businesses, both domestically and internationally. The bank's offerings include various types of accounts, term deposits, credit cards, and financing solutions, as well as insurance and investment funding services. Additionally, Bank of Africa provides cash management, payment processing, international transactions, and electronic banking services, along with specialized support for SMEs and employees. The bank also engages in corporate finance, asset management, securities brokerage, and wealth management. With a network of approximately 1,800 branches, Bank of Africa plays a significant role in the financial landscape. Committed to corporate social responsibility, it actively supports environmental conservation and educational initiatives for underprivileged children in rural areas. The institution was formerly known as Banque Marocaine du Commerce Extérieur until its rebranding in March 2020.
Stanbic IBTC Bank
Debt Financing in 2020
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, is a leading commercial bank in Nigeria, offering a wide range of personal and business banking services. With over 180 branches nationwide and digital banking platforms, the bank provides current, savings, and domiciliary accounts, loans, credit cards, home loans, and internet banking. It also offers mobile banking services, including the award-winning *909# MobileMoney, and caters to small and medium-scale enterprises. Additionally, Stanbic IBTC Bank provides custodial services through its subsidiary, Stanbic Nominees Nigeria Limited. The bank is committed to financial inclusion and offers services tailored to various customer segments.
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Absa
Debt Financing in 2020
Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.
Gridworks Partners
Private Equity Round in 2020
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Commercial International Bank
Post in 2020
Commercial International Bank (CIB) is a leading commercial bank established in 1975 and headquartered in Cairo, Egypt. Originally formed as a joint venture between the National Bank of Egypt and Chase Manhattan Bank, CIB has grown to become the most profitable commercial bank in Egypt over the past four decades. The bank offers a wide range of financial services, including deposits, savings accounts, loans, private banking, and e-banking. It caters to both individual customers and large corporations, providing corporate banking products such as project finance, structured trade finance, working capital finance, syndicated loans, letters of credit, and guarantees. CIB is renowned for its strong brand equity, superior management, high operating standards, and commitment to corporate governance best practices.
Absa
Debt Financing in 2019
Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.
Globeleq
Debt Financing in 2019
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Trade and Development Bank -TDB
Debt Financing in 2019
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
FirstRand Bank
Post in 2019
FirstRand Bank, established in 1998, is a prominent financial services provider based in Sandton, South Africa. It offers a wide range of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers, both domestically and across various African countries. The company operates through several divisions, including First National Bank (FNB) for retail and commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for installment finance, and Ashburton Investments for investment management. Its services span deposit products, loans, credit facilities, investment products, transactional services, insurance, advisory services, and wealth management, catering to a diverse client base that includes consumers, small businesses, medium corporates, parastatals, government entities, and the agricultural sector.
PEG
Debt Financing in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG
Debt Financing in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Absa
Debt Financing in 2019
Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.
PEG
Debt Financing in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Bank Of Africa
Post in 2019
Bank of Africa is a prominent banking institution founded in 1959 and headquartered in Casablanca, Morocco. It offers a wide range of banking products and services tailored for individuals, professionals, and businesses, both domestically and internationally. The bank's offerings include various types of accounts, term deposits, credit cards, and financing solutions, as well as insurance and investment funding services. Additionally, Bank of Africa provides cash management, payment processing, international transactions, and electronic banking services, along with specialized support for SMEs and employees. The bank also engages in corporate finance, asset management, securities brokerage, and wealth management. With a network of approximately 1,800 branches, Bank of Africa plays a significant role in the financial landscape. Committed to corporate social responsibility, it actively supports environmental conservation and educational initiatives for underprivileged children in rural areas. The institution was formerly known as Banque Marocaine du Commerce Extérieur until its rebranding in March 2020.
Gridworks Partners
Private Equity Round in 2019
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Bboxx
Debt Financing in 2019
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.
Globeleq
Venture Round in 2019
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Jumia Group
Venture Round in 2019
Jumia Group operates a pan-African e-commerce platform, connecting consumers and businesses across the continent. It offers a wide range of products and services, from consumer goods to online travel, through its marketplace. Jumia also provides logistics services for package delivery and a payment service for transactions on its platform. The company generates revenue through sales of goods, commissions, fulfillment, value-added services, and marketing & advertising. Jumia's primary revenue source is the West Africa segment.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG
Debt Financing in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Access Bank, established in 1988 and headquartered in Lagos, Nigeria, is a commercial bank that offers a wide range of banking products and services to individual and business customers. The bank operates in Ghana and provides various accounts, including standard savings and current accounts, as well as specialized options such as access advantage and premier accounts. Access Bank also offers online banking services, facilitating ATM transactions, online access, point-of-sale terminal services, bill payments, and Western Union money transfers. In addition to personal banking, the bank provides corporate and investment banking, commercial and business banking services, along with mortgage loans and sustainable international banking solutions.
Liquid Intelligent Technologies
Funding Round in 2018
Liquid Intelligent Technologies is an independent data, voice, and IP provider focused on building a digital future for Africa. Founded in 2004 and headquartered in Ebène, Plaines Wilhems, the company has developed an extensive fiber network that spans over 18,000 kilometers across several African countries, including Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of Congo, Lesotho, and South Africa. Liquid Intelligent Technologies offers a variety of services such as broadband, leased lines, private networks, telecommunications connectivity, and web hosting. These services are designed to support both public and private sector enterprises in enhancing their digital experiences and navigating their digital journeys effectively.
Unicaf, founded in 2012, is an online higher education platform that collaborates with reputable universities in the UK, US, Europe, and Africa to provide affordable and quality degree programs primarily to young professionals in Africa. The company offers locally accredited degrees through a blended learning approach, combining online instruction with physical instructional centers and virtual coaching. This model allows students to pursue their studies while continuing to work, making higher education more accessible. Unicaf has experienced significant growth, enrolling over 8,000 students and aiming to reach more than 60,000 by the end of 2020. The company’s mission is to help African students obtain degrees that enhance their career prospects in a simplified and cost-effective manner.
African Export-Import Bank
Debt Financing in 2018
African Export-Import Bank is a multilateral financial institution established in 1993 to promote and facilitate trade among African countries and between Africa and the global marketplace. Headquartered in Cairo, Egypt, the Bank offers a range of financing programs, advisory services, and guarantee products aimed at enhancing intra- and extra-African trade. These services include short-term trade guarantees, working capital and supply chain finance solutions for small and medium-sized enterprises, and various bonding facilities for export contracts. The institution serves a diverse clientele, including governments, corporations, and financial institutions, providing additional services such as sovereign and corporate advisory, capital markets assistance, and trade information. With an authorized share capital of five billion US dollars, the Bank plays a crucial role in the development and diversification of trade across the continent.
Nachtigal Hydro Power
Debt Financing in 2018
Nachtigal Hydro Power is a developer and operator of a hydroelectric power plant located in Cameroon. The company specializes in the design, financing, and construction of the Nachtigal Amont hydroelectric project, along with the necessary energy evacuation transmission lines. Nachtigal Hydro Power is committed to generating clean and renewable energy, which is supplied to both residential and commercial sectors. Through its operations, the company plays a significant role in advancing sustainable energy solutions in the region.
Standard Chartered
Post in 2018
Standard Chartered PLC, a multinational banking and financial services company, operates globally with a significant presence in Asia, Africa, Europe, the Americas, and the Middle East. It offers a broad range of banking products and services through four primary segments: Corporate & Institutional Banking, Retail Banking, Commercial Banking, and Private Banking. The company serves a diverse client base, including corporations, financial institutions, governments, small businesses, mid-sized companies, and individuals. Its services encompass retail products like deposits, savings, mortgages, credit cards, and personal loans; wealth management products and services; transaction banking services; corporate finance products and services; and financial market services. Standard Chartered also provides digital banking solutions. With approximately 1,026 branches worldwide, the company was founded in 1853 and is headquartered in London, United Kingdom.
Bujagali Energy
Debt Financing in 2018
Bujagali Energy Limited is a power producer based in Uganda, specializing in the operation of the Bujagali Hydropower Project. This facility generates electricity with a capacity of 250 megawatts, addressing the region's pressing demand for new power sources. Bujagali Energy is dedicated to delivering affordable and clean energy, ensuring that clients benefit from competitive pricing while contributing to sustainable energy solutions in Uganda. As a subsidiary of SN Power AS, the company plays a vital role in enhancing the energy landscape of the country through its hydroelectric operations.
Indorama Fertilizers
Debt Financing in 2018
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe
Trade and Development Bank -TDB
Debt Financing in 2018
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
Globeleq
Venture Round in 2017
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Onomo Hotels
Venture Round in 2017
Onomo Hotels, founded in 2009 and based in Casablanca, Morocco, specializes in the design, development, ownership, and management of hotels. The company aims to cater to the dynamic needs of both pan-African and international business clientele by providing high levels of comfort at affordable prices. Its hotels are equipped with modern amenities and emphasize an environmentally friendly atmosphere, ensuring accessibility, connectivity, and security. Inspired by the rich qualities of African culture, Onomo Hotels integrates local and natural elements into its offerings, creating a unique experience for business travelers and individual guests alike.
Alcazar Energy
Debt Financing in 2017
Alcazar Energy is a renewable energy company based in Dubai, United Arab Emirates, focused on producing energy in the Middle East, Turkey, and Africa. Founded in 2014, it specializes in the origination, development, structuring, acquisition, and operation of renewable energy projects, with a particular emphasis on solar photovoltaic and onshore wind technologies. Serving as a key player in the renewable energy sector, Alcazar Energy aims to contribute to the growth of sustainable energy solutions across the META region, leveraging its expertise and partnerships to advance innovative energy initiatives.
Unicaf
Venture Round in 2017
Unicaf, founded in 2012, is an online higher education platform that collaborates with reputable universities in the UK, US, Europe, and Africa to provide affordable and quality degree programs primarily to young professionals in Africa. The company offers locally accredited degrees through a blended learning approach, combining online instruction with physical instructional centers and virtual coaching. This model allows students to pursue their studies while continuing to work, making higher education more accessible. Unicaf has experienced significant growth, enrolling over 8,000 students and aiming to reach more than 60,000 by the end of 2020. The company’s mission is to help African students obtain degrees that enhance their career prospects in a simplified and cost-effective manner.
Solon Capital Holdings
Venture Round in 2017
Solon Capital Partners is a private equity investment firm established in 2010 and located in Freetown, Sierra Leone. The firm focuses on buyout investments, aiming to maximize risk-adjusted returns for its investors. Solon Capital Partners specializes in developing and managing high-growth businesses that are essential to emerging markets, thereby contributing to economic development in the region.
Kamponji Enterprises
Private Equity Round in 2017
Kamponji Enterprises Limited (KEL) is one of Malawi’s poultry companies. Established in 2013, the Limbe-based company produces, distributes and retails table eggs, broiler day-old chicks and animal feed across Malawi.
Africa Logistic Properties
Venture Round in 2017
Africa Logistics Properties Ltd. is an integrated commercial property company focused on the logistics and industrial sector in Africa. Founded in 2015 and headquartered in Nairobi, Kenya, the company specializes in the acquisition, development, and management of modern logistics and warehousing facilities across the continent. It designs and leases warehouses tailored to the occupier lease market, as well as build-to-suit facilities for clients with specific requirements. Additionally, Africa Logistics Properties operates multi-tenant distribution parks and offers sale and leaseback financing, property management, and other value-added services. The management team possesses extensive experience in industrial investment within emerging markets and adheres to international building standards, ensuring high-quality infrastructure for its clients.
FirstRand Bank
Post in 2016
FirstRand Bank, established in 1998, is a prominent financial services provider based in Sandton, South Africa. It offers a wide range of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers, both domestically and across various African countries. The company operates through several divisions, including First National Bank (FNB) for retail and commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for installment finance, and Ashburton Investments for investment management. Its services span deposit products, loans, credit facilities, investment products, transactional services, insurance, advisory services, and wealth management, catering to a diverse client base that includes consumers, small businesses, medium corporates, parastatals, government entities, and the agricultural sector.
Unicaf
Venture Round in 2016
Unicaf, founded in 2012, is an online higher education platform that collaborates with reputable universities in the UK, US, Europe, and Africa to provide affordable and quality degree programs primarily to young professionals in Africa. The company offers locally accredited degrees through a blended learning approach, combining online instruction with physical instructional centers and virtual coaching. This model allows students to pursue their studies while continuing to work, making higher education more accessible. Unicaf has experienced significant growth, enrolling over 8,000 students and aiming to reach more than 60,000 by the end of 2020. The company’s mission is to help African students obtain degrees that enhance their career prospects in a simplified and cost-effective manner.
Zambeef Products
Post in 2016
Zambeef Products PLC is the largest integrated food processing and retailing company in Zambia, involved in the production, processing, distribution, and retailing of a wide range of food products, including beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. The company also engages in row cropping operations, primarily focused on maize, soya beans, and wheat, utilizing approximately 7,973 hectares of irrigated land and 8,776 hectares of rain-fed crops. In addition to its agricultural activities, Zambeef operates 226 retail outlets across Zambia and West Africa, providing a variety of food and non-food products. The company is also engaged in chicken breeding and the production and sale of leather and meat products. Incorporated in 1994 and headquartered in Lusaka, Zambia, Zambeef plays a significant role in the region's food supply chain.
Amandi Energy
Debt Financing in 2016
Amandi Energy is a company that focuses on the generation of electricity and operates a power plant specifically designed to support Ghanaian industry and infrastructure. It provides a comprehensive range of services, including the design, construction, installation, commissioning, and maintenance of combined cycle gas turbines. By delivering these services, Amandi Energy aims to help its clients mitigate brownouts and address the existing shortfall in generative capacity in the region.
Standard Chartered
Post in 2016
Standard Chartered PLC, a multinational banking and financial services company, operates globally with a significant presence in Asia, Africa, Europe, the Americas, and the Middle East. It offers a broad range of banking products and services through four primary segments: Corporate & Institutional Banking, Retail Banking, Commercial Banking, and Private Banking. The company serves a diverse client base, including corporations, financial institutions, governments, small businesses, mid-sized companies, and individuals. Its services encompass retail products like deposits, savings, mortgages, credit cards, and personal loans; wealth management products and services; transaction banking services; corporate finance products and services; and financial market services. Standard Chartered also provides digital banking solutions. With approximately 1,026 branches worldwide, the company was founded in 1853 and is headquartered in London, United Kingdom.
Penda Health
Venture Round in 2016
Penda Health Limited operates a network of outpatient medical centers in Kenya, specifically in Umoja and Kitengela, focused on providing high-quality and affordable healthcare to middle- and low-income families. Founded in 2011, Penda Health offers a wide range of services, including general consultations, specialty consultations by OB/GYNs, diagnostics, lab services, and pharmacy services. The company utilizes advanced technology, including AI-powered tools, to enhance clinical decision-making and improve patient outcomes. Recognized for its patient-centered approach, Penda Health emphasizes operational excellence and community impact, having successfully served millions of patients. Its commitment to accessible and effective healthcare has established Penda Health as a trusted brand in Africa's healthcare landscape.
14Trees
Venture Round in 2016
14Trees is a company focused on providing affordable housing solutions in Africa through innovative construction technologies. They manufacture eco-friendly bricks and utilize advanced 3D printing methods to streamline the construction process, thereby enhancing the speed and efficiency of building sustainable structures. By collaborating with banks and contractors, 14Trees aims to revolutionize the construction industry, delivering not only affordable housing but also essential social infrastructure such as schools and workplaces. Their initiatives are designed to improve overall well-being, support local livelihoods, and foster community cohesion.
Trade and Development Bank -TDB
Debt Financing in 2016
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
Jumia Group
Series C in 2016
Jumia Group operates a pan-African e-commerce platform, connecting consumers and businesses across the continent. It offers a wide range of products and services, from consumer goods to online travel, through its marketplace. Jumia also provides logistics services for package delivery and a payment service for transactions on its platform. The company generates revenue through sales of goods, commissions, fulfillment, value-added services, and marketing & advertising. Jumia's primary revenue source is the West Africa segment.
Unicaf, founded in 2012, is an online higher education platform that collaborates with reputable universities in the UK, US, Europe, and Africa to provide affordable and quality degree programs primarily to young professionals in Africa. The company offers locally accredited degrees through a blended learning approach, combining online instruction with physical instructional centers and virtual coaching. This model allows students to pursue their studies while continuing to work, making higher education more accessible. Unicaf has experienced significant growth, enrolling over 8,000 students and aiming to reach more than 60,000 by the end of 2020. The company’s mission is to help African students obtain degrees that enhance their career prospects in a simplified and cost-effective manner.
Globeleq
Private Equity Round in 2015
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
CRDB Bank Plc is a prominent financial institution operating in the United Republic of Tanzania and the Republic of Burundi, offering a wide range of banking services to individuals, small and medium enterprises (SMEs), corporate clients, and high net worth individuals. Founded in 1996 and headquartered in Dar es Salaam, the bank provides various retail banking products, including multi-currency accounts, personal and SME loans, and general insurance services. In addition, CRDB Bank facilitates corporate banking services such as trade finance, project finance, and cash management. The bank also emphasizes treasury services and digital banking, including mobile and internet banking solutions. With a robust network of branches, automated teller machines, point of sale terminals, and microfinance partners, CRDB Bank aims to meet the diverse financial needs of its customers effectively.
Jumia Group
Series C in 2014
Jumia Group operates a pan-African e-commerce platform, connecting consumers and businesses across the continent. It offers a wide range of products and services, from consumer goods to online travel, through its marketplace. Jumia also provides logistics services for package delivery and a payment service for transactions on its platform. The company generates revenue through sales of goods, commissions, fulfillment, value-added services, and marketing & advertising. Jumia's primary revenue source is the West Africa segment.
Azura-Edo IPP
Debt Financing in 2014
Azura-Edo IPP is a power generation company based in Nigeria, specifically focused on the development and operation of gas-fired independent power plants. It is best known for its 450MW open cycle gas turbine power station, which marks the first project undertaken by Azura Power Holdings. After more than six years of development, the company achieved financial closure for Phase 1 on December 28, 2015, with construction commencing shortly thereafter in January 2016. The construction is being conducted by a consortium including Julius Berger Nigeria and Siemens, both recognized leaders in construction and power generation, respectively. Azura-Edo IPP aims to contribute to the sustainable development of Nigeria's energy infrastructure while enhancing power generation capabilities in the region. The facility is expected to begin generating electricity by the end of 2018.
Actis
Private Equity Round in 2014
Actis, established in 2004, is a prominent global investor focused on growth markets in Africa, Asia, and Latin America. With a heritage in these regions, Actis employs over 200 professionals across 16 offices worldwide, offering a multi-asset strategy that includes private equity, energy, infrastructure, and real estate. They have raised over US$14 billion since inception and currently invest in approximately 70 companies globally, employing over 116,500 people. Actis' approach emphasizes active ownership, local knowledge, and responsible investing, delivering consistent, competitive returns through a 'south-south' focus, sharing knowledge and experience across regions and businesses.
Actis
Debt Financing in 2014
Actis, established in 2004, is a prominent global investor focused on growth markets in Africa, Asia, and Latin America. With a heritage in these regions, Actis employs over 200 professionals across 16 offices worldwide, offering a multi-asset strategy that includes private equity, energy, infrastructure, and real estate. They have raised over US$14 billion since inception and currently invest in approximately 70 companies globally, employing over 116,500 people. Actis' approach emphasizes active ownership, local knowledge, and responsible investing, delivering consistent, competitive returns through a 'south-south' focus, sharing knowledge and experience across regions and businesses.
Grindrod is a logistics company based in South Africa, operating in 32 countries and employing over 5,500 skilled professionals. The company focuses on creating sustainable returns and long-term value for its shareholders through its three main divisions: Freight Services, Shipping, and Financial Services. Grindrod offers a comprehensive range of solutions, including terminal operations, port management, rail logistics, maritime transport, and project logistics. Its Freight Services division specializes in handling dry-bulk commodities along key trade corridors in South Africa, Mozambique, and Namibia, while its Logistics segment provides services such as ships agency, clearing and forwarding, and container handling. By investing in assets and opportunities, particularly in sectors like oil and gas, dry bulk, and containerized cargo, Grindrod aims to become a fully integrated freight logistics and shipping service provider.
Standard Bank Group
Debt Financing in 2014
Standard Bank Group is a leading commercial bank headquartered in Johannesburg, South Africa, with a rich history dating back to 1862. It operates extensively across 18 African countries and in select emerging markets globally. The bank is structured into various segments, including Personal and Business Banking, Corporate and Investment Banking, and Treasury and Capital Management. It provides a wide range of financial services, such as transactional banking, savings, lending, investment, and insurance. Personal and business banking offerings include current accounts, savings products, loans, and electronic banking services for individuals and small to medium enterprises. The corporate and investment banking segment caters to governments, larger corporations, and financial institutions, offering services in foreign exchange, commodities, trade finance, project finance, and wealth management. Standard Bank Group leverages its deep knowledge of emerging markets to deliver tailored financial solutions to its diverse clientele.
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "airtel" brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.
Feronia Inc. is an agribusiness based in Vancouver, Canada, operating in the Democratic Republic of the Congo. The company is primarily engaged in the production and processing of crude palm oil and palm kernel oil, with operations that include three oil palm plantations and an arable farming operation. Established in 1911, Feronia acquired its palm oil business in 2009 with the aim of revitalizing the plantations that were on the verge of extinction. Following significant investments, the company has secured its future and is committed to making a meaningful and sustainable contribution to the economy of the Democratic Republic of the Congo. Feronia's operations focus on supplying palm oil to the domestic market, deriving crucial revenue from its crude palm oil production.
Grameenphone
Debt Financing in 2013
Grameenphone Ltd is a leading mobile telecommunications operator in Bangladesh, providing a wide range of services that include voice, data, and related offerings. The company emphasizes the use of advanced technology to support national progress and enhance connectivity for its customers. Grameenphone's services extend beyond basic telecommunications, incorporating international roaming through agreements with various global operators. Its product portfolio encompasses value-added services, internet access, devices, prepaid and postpaid plans, and digital services, catering to diverse customer needs. By focusing on innovation and customer satisfaction, Grameenphone plays a significant role in shaping the telecommunications landscape in Bangladesh.
Foresythe Farm
Private Equity Round in 2013
Foresythe Farm runs a breeding herd of circa 5,400 cattle in Zambia.
Actis
Debt Financing in 2012
Actis, established in 2004, is a prominent global investor focused on growth markets in Africa, Asia, and Latin America. With a heritage in these regions, Actis employs over 200 professionals across 16 offices worldwide, offering a multi-asset strategy that includes private equity, energy, infrastructure, and real estate. They have raised over US$14 billion since inception and currently invest in approximately 70 companies globally, employing over 116,500 people. Actis' approach emphasizes active ownership, local knowledge, and responsible investing, delivering consistent, competitive returns through a 'south-south' focus, sharing knowledge and experience across regions and businesses.