Hydrobox
Debt Financing in 2024
Hydrobox specializes in the development and manufacturing of hydropower plants that harness the energy of flowing water to generate electricity. The company focuses on renewable energy solutions, including mini-grids and solar power, aimed at improving electrification and reliability in off-grid areas, particularly in Kenya. By leveraging advanced AI technology and smart grid services, Hydrobox enhances the efficiency and sustainability of its energy systems, contributing to broader efforts in promoting clean energy and environmental sustainability.
ETG
Debt Financing in 2024
ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, and South East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries.
ETG runs its business under five business verticals:
1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa
2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts.
3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa
4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc.
5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
Tagaddod
Venture Round in 2024
Tagaddod is an Egyptian renewable energy and waste-management company founded in 2013 and based in the Giza region. The company specializes in converting waste vegetable oil into biodiesel and other green fuels, contributing to sustainable energy and reduced environmental pollution. By producing biodiesel, Tagaddod provides a renewable fuel alternative compatible with conventional diesel engines, supporting cleaner transportation and waste valorization.
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.
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.
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 regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
ZOLA Electric
Debt Financing in 2021
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
ETG
Debt Financing in 2021
ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, and South East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries.
ETG runs its business under five business verticals:
1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa
2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts.
3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa
4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc.
5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
Paymob
Venture Round in 2020
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
ASOBO is a Nairobi-based company founded in 2019, specializing in the manufacture of electric outboard engines powered by lithium batteries. The company's primary focus is on providing sustainable e-mobility solutions for fishermen operating on Lake Victoria in East Africa. By offering these electric outboard engines on a full-service basis, ASOBO enables fishers to utilize clean energy, thereby reducing costs and promoting environmentally friendly practices. Through its innovative approach, ASOBO aims to create a sustainable platform for marine transportation in emerging markets.
Yalelo Limited
Debt Financing in 2019
Founded in 2011, Yalelo Limited is a leading aquaculture company based in Lusaka, Zambia. It specializes in the breeding and sale of tilapia fish, operating sustainably on Lake Kariba's pristine waters. The company sells its products nationwide through its stores.
Dopay
Convertible Note in 2019
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.
ZOLA Electric
Debt Financing in 2018
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.
Apollo Agriculture
Debt Financing in 2018
Apollo Agriculture is an agtech company that provides smallholder farmers with access to high-quality inputs, credit, and advisory services. Using agronomic machine learning, remote sensing, and mobile technology, it assesses farmer credit risk and tailors each package to a farm’s location by integrating satellite data, soil information, farmer behavior, and crop yield models. The company delivers a bundled offer that includes financing for inputs such as fertilizer and seed, crop insurance, and ongoing consulting to improve farming decisions. Originating in Kenya with operations anchored in Nairobi, Apollo aims to expand to emerging markets and help farmers boost yields and profitability through customized credit, inputs, and advice. The approach combines modern data analytics with practical agronomy to enable farmers to adopt advanced farming methods.
Mobisol GmbH is a Berlin-based company that specializes in the development and installation of solar home systems, aimed at providing clean and affordable electricity to low-income customers without access to conventional power sources. Founded in 2010, Mobisol offers modular solar energy solutions that power LED lights, radios, mobile phones, and various household appliances, along with productive use devices. The company combines solar technology with an innovative repayment scheme facilitated through mobile banking, making it accessible for its target market. With additional offices in Tanzania, Rwanda, and Kenya, Mobisol focuses on delivering a sustainable alternative to fossil fuels, enhancing energy access and promoting environmental sustainability in developing nations. As of October 31, 2019, Mobisol operates as a subsidiary of ENGIE SA.
Ecobank
Debt Financing in 2015
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.
African Century
Debt Financing in 2015
African Century Limited, founded in 2008 and based in Grand Baie, Mauritius, is a private equity firm that provides a diverse range of financial services. These services include lease finance, retail and corporate banking, treasury, and international banking solutions. The company is dedicated to delivering customized financial products to address the varied needs of its clients. With a workforce of 250 employees, African Century Limited is committed to fostering economic growth and development through innovative financial solutions, while also focusing on investment opportunities in sectors such as food, financial services, real estate, and agriculture.
African Century
Debt Financing in 2012
African Century Limited, founded in 2008 and based in Grand Baie, Mauritius, is a private equity firm that provides a diverse range of financial services. These services include lease finance, retail and corporate banking, treasury, and international banking solutions. The company is dedicated to delivering customized financial products to address the varied needs of its clients. With a workforce of 250 employees, African Century Limited is committed to fostering economic growth and development through innovative financial solutions, while also focusing on investment opportunities in sectors such as food, financial services, real estate, and agriculture.
Family Bank
Private Equity Round in 2010
Family Bank is a commercial bank established in Kenya in May 2007 and regulated by the Central Bank of Kenya. With a customer base exceeding 1.7 million, the bank operates a network of 93 branches across the country. It specializes in providing financial services to underserved segments of the market, including small-scale farmers, salaried employees, micro, small, and medium-sized enterprises, as well as youth and women. Additionally, Family Bank seeks to attract large corporate clients to bolster its deposit base. Notably, it was the first bank in Kenya to implement paperless banking through smart card technology, showcasing its commitment to innovation in the financial sector.