Fanisi

Fanisi Capital, established in 2009, is a Nairobi-based private equity firm that invests in early and growth-stage companies in East Africa, primarily Kenya, Tanzania, Rwanda, and Uganda. The firm focuses on sectors with significant growth potential, including agri-business, healthcare, consumer goods, and education. Fanisi was founded by Norfund, the Norwegian Investment Fund for Developing Countries, and Amani Capital Limited.

Martin Kariuki

Principal, Portfolio Operations

Paul Ohaga

Partner

Tony Wainaina

Managing Partner

Past deals in East Africa

ProDev Group Holdings

Debt Financing in 2020
ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda. engages in grain handling which includes milling, drying, pre-cleaning and storage services. Processes of their industry (grain handling) includes milling, drying, pre-cleaning and storage services. The two subsidiary companies are: One, Minimex Ltd., is the largest manufacturer of branded maize meal in Rwanda, a manufacturer of grits, for the brewing industry, and bran, used in the formulation of animal feed. The other, ProDev Rwanda, is involved in the handling, drying and storage of maize. The partnership with Fanisi will provide the impetus required to continuously improve the maize value chain, which is expected to make a positive contribution to Rwanda's agriculture, the health of the population, and its economic development.

Kijenge Animal Products

Private Equity Round in 2015
Kijenge Animal Products is a diversified agro-processing company located in Arusha, Tanzania. It specializes in maize milling, animal feed production, and poultry farming and processing. The company focuses on enhancing its production capabilities by upgrading its existing infrastructure and expanding its range of services. Through these efforts, Kijenge aims to establish a strong foundation for future growth and revenue diversification in the agricultural and animal husbandry sectors.

Ngare Narok Meat Industries

Private Equity Round in 2014
Ngare Narok Meat Industries is a leading producer and supplier of prime meat cuts and a diverse array of processed meat products. The company operates a modern abattoir and meat processing facility located in Rumuruti, Laikipia County, an area renowned for its high-quality livestock breeds. In addition to offering a variety of meat cuts, Ngare Narok also runs rendering plants that produce beef, sausage, animal hides, organic compound fertilizer, and organically tanned leather. This integrated production approach enables the company to meet the growing demand for high-quality meat products while ensuring sustainable practices within the meat production industry.

Haltons Limited

Venture Round in 2013
Haltons Limited operates Haltons Pharmacy, a Kenyan retail pharmacy chain that offers prescription and non‑prescription medicines. The company focuses on accessibility and affordability, serving customers in high‑traffic residential estates and other locations across Kenya. Its team comprises pharmacists, investors, and leaders dedicated to delivering high‑quality pharmacy care in a dignified manner.

ProDev Group Holdings

Venture Round in 2013
ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda. engages in grain handling which includes milling, drying, pre-cleaning and storage services. Processes of their industry (grain handling) includes milling, drying, pre-cleaning and storage services. The two subsidiary companies are: One, Minimex Ltd., is the largest manufacturer of branded maize meal in Rwanda, a manufacturer of grits, for the brewing industry, and bran, used in the formulation of animal feed. The other, ProDev Rwanda, is involved in the handling, drying and storage of maize. The partnership with Fanisi will provide the impetus required to continuously improve the maize value chain, which is expected to make a positive contribution to Rwanda's agriculture, the health of the population, and its economic development.
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