Oikocredit is guided by the principle of empowering people. Their experience proves that the most effective and sustainable means of assisting those in need is providing an opportunity to help themselves.
AfricInvest, established in 1994 and headquartered in Tunis, Tunisia, is a prominent private equity investment firm focused on supporting small and medium enterprises across Africa. With dedicated investment teams for both North Africa and Sub-Saharan Africa, AfricInvest employs 66 professionals across seven offices. The firm has invested in 135 companies spanning 25 African countries, targeting high-growth sectors such as financial services, agribusiness, consumer goods, retail, education, and healthcare. AfricInvest is recognized for its strong, long-term relationships with local and international investors, including major development finance institutions. In addition to its investment activities, the firm actively promotes the private equity industry in Africa, having co-founded several key associations, including the African Venture Capital Association and the Middle East North Africa Private Equity Association.
Juhudi Kilimo
Debt Financing in 2024
Juhudi Kilimo provides asset financing, technical assistance, and business training services to smallholder farmers and small-to-medium agro businesses in Kenya. It offers financing for dairy cows and goats; poultry, pigs, rabbits, and other livestock as well as fish farming; agricultural equipment, including irrigation, agro-processing, and energy-related equipment; and motorcycles, bicycles, and other vehicles primarily to transport farm goods. The company was founded in 2004 and is based in Nairobi, Kenya.
Good Nature Agro
Series B in 2023
Good Nature Agro is a social enterprise based in Chipata, Zambia, focused on empowering small-scale farmers to generate sustainable income. The company recruits groups of farmers who nominate a member to serve as a Private Extension Agent (PEA). These PEAs receive training in agronomy and community engagement, enabling them to provide tailored support and guidance to fellow farmers throughout the growing season. Good Nature Agro supplies quality legume seeds and offers loans to facilitate improved farming practices. At harvest time, the company serves as a reliable market for the produce, specifically certified legume seeds, which allows farmers to earn significantly more compared to traditional cash crops like maize and cotton. Since its founding in 2014, Good Nature Agro has aimed to enhance agricultural productivity and income for local farming communities.
RDG Collective
Debt Financing in 2023
RDG Collective was established in 2018 with the ambition to ‘Empower the Future’ by developing and distributing innovative solar home systems throughout Zambia, where an estimated 2.4 million households still lack access to electricity. While the cost of solar energy remained prohibitively high for almost all off-grid households, RDG Collective came up with innovative products distributed on a pay-as-you-go basis. By eliminating this financial barrier, RDG has enabled an increasing number of Zambian households to access solar home systems, refrigerators, solar water pumps and smartphones to improve and empower their lives.
MyCredit
Debt Financing in 2023
MyCredit is a non-banking financial institution based in Nairobi, Kenya, that specializes in providing a range of financial services. The company offers various types of loans, including business and salary loans, as well as guarantees such as bid bonds and performance bonds. Additionally, MyCredit provides leasing services and a comprehensive suite of insurance products. These insurance offerings encompass motor insurance, personal accident coverage, burglary insurance, liability insurance, fidelity guarantee, money insurance, agriculture insurance, and domestic package insurance, as well as travel insurance. By catering to diverse financial needs, MyCredit aims to support individuals and businesses in managing their financial risks and enhancing their economic opportunities.
Solarise Africa
Debt Financing in 2022
Solarise Africa is a pan-African Energy-as-a-Service company headquartered in Nairobi, Kenya, specializing in financial leasing services for solar and other energy assets aimed primarily at Commercial and Industrial clients. The company provides reliable and affordable decentralized energy solutions, collaborating closely with a selected group of renewable energy solution providers to create tailor-made financial options. By offering upfront investment and manageable payment plans, Solarise Africa enables businesses to deploy clean energy systems that lower their carbon footprint, reduce costs, and enhance productivity. This approach not only supports the growth of their partners but also contributes to the broader progress of energy access and sustainability across Africa.
Solar Panda
Series A in 2022
Solar Panda is a Canadian company that provides Pay-As-You-Go solar home systems designed to deliver clean and affordable energy to rural communities in Kenya that lack access to electricity. The company manufactures and sells a range of solar products, including home solar kits, lamps, solar TVs, mobile phone chargers, radios, and portable lanterns. By financing these products, Solar Panda makes them accessible and affordable for customers, helping to eliminate the reliance on harmful kerosene lanterns and reducing energy costs for families. The company aims to enhance quality of life by supporting education, improving productivity, and increasing safety. Since its first sale in December 2017, Solar Panda has rapidly expanded its reach, powering hundreds of thousands of homes and positioning itself as a leader in the affordable solar energy sector.
Inyenyeri
Convertible Note in 2018
Inyenyeri gets the even the poorest of Rwandan households to switch from cooking with wood and charcoal by providing clean and renewable fuel that cooks better and is more affordable. Inyenyeri is a for-profit social enterprise. Profitability ensures sustainable social impact and increases access to financial capital needed to scale quickly.
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