U.S. International Development Finance Corp

U.S. International Development Finance Corporation (DFC) is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest in projects that create jobs in emerging markets in sectors including energy, healthcare, critical infrastructure, telecommunications, and financing for small businesses and women entrepreneurs. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.

Maryam Khosharay

Vice President

Scott Nathan

CEO

Past deals in COMESA

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 cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.

Pezesha

Grant in 2024
Pezesha is a digital financial marketplace based in Nairobi, Kenya, that connects small and medium-sized businesses (SMBs) to various financing options, including working capital, float financing, and LPO financing. Founded in 2016, Pezesha aims to enhance access to affordable credit for micro-businesses by leveraging credit and data analytics to link lenders with low-income borrowers. The platform facilitates a shared economy by converging lending and other financial services, thereby enabling underserved SMBs to participate in the formal financial system. Through its innovative approach, Pezesha seeks to empower businesses and improve their growth potential by providing essential financial resources.

Copia Global

Series C in 2023
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.

Kentegra Biotechnology Holdings LLC

Venture Round in 2023
Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in the communities where we are working to help farmers and their families have a more stable income and better quality of life. Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019

Kasha

Series B in 2023
Kasha is an e-commerce platform based in Kigali, Rwanda, that focuses on providing accessible personal care and health products for women in Rwanda and Kenya. Founded in 2016, Kasha offers a wide range of products, including bath and body items, menstrual care supplies such as sanitary pads and tampons, and sexual health products including contraceptives and lubricants. The company also provides pharmaceuticals, pain relievers, supplements, and mom and baby care products. Kasha aims to promote health for women at all stages of life, addressing needs related to maternal health, menstrual hygiene, family planning, and chronic diseases. By operating both online and in urban and rural areas, Kasha seeks to enhance accessibility to essential health and personal care products.

Africa Data Centres

Debt Financing in 2022
Africa Data Centres operates a network of interconnected, carrier and cloud-neutral data centre facilities across the continent, facilitating digital transformation for businesses. By leveraging global expertise tailored for local markets, Africa Data Centres offers rapid and secure data centre services and interconnections. Their strategically located facilities serve as vital hubs for critical business data, providing access to numerous leading cloud providers, carriers, and enterprises. The East Africa Data Centre, situated in Nairobi's Sameer Industrial Park, is particularly notable for its optimal hosting capabilities for both African and international companies. It connects to extensive carrier networks throughout Kenya and offers long-distance fibre routes to several neighboring countries, making it a key node in East Africa's connectivity landscape.

Copia Global

Series C in 2022
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.

Apollo Agriculture

Debt Financing in 2021
Apollo Agriculture Ltd. is an agtech company based in Nairobi, Kenya, that supports smallholder farmers by providing financial and technical assistance. Founded in 2015, the company offers loans to help farmers acquire essential inputs such as fertilizer, seeds, and crop insurance, along with access to expert advice. By utilizing agronomic machine learning, remote sensing, and mobile technology, Apollo customizes financing packages based on individual farmer needs, assessing credit risk through satellite and soil data. This tailored approach aims to enhance farming practices and significantly increase crop yields, thereby maximizing profits for farmers in emerging markets.

Ampersand

Debt Financing in 2021
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.

Kasha

Venture Round in 2021
Kasha is an e-commerce platform based in Kigali, Rwanda, that focuses on providing accessible personal care and health products for women in Rwanda and Kenya. Founded in 2016, Kasha offers a wide range of products, including bath and body items, menstrual care supplies such as sanitary pads and tampons, and sexual health products including contraceptives and lubricants. The company also provides pharmaceuticals, pain relievers, supplements, and mom and baby care products. Kasha aims to promote health for women at all stages of life, addressing needs related to maternal health, menstrual hygiene, family planning, and chronic diseases. By operating both online and in urban and rural areas, Kasha seeks to enhance accessibility to essential health and personal care products.

Copia Global

Venture Round in 2020
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.

Kasha

Venture Round in 2020
Kasha is an e-commerce platform based in Kigali, Rwanda, that focuses on providing accessible personal care and health products for women in Rwanda and Kenya. Founded in 2016, Kasha offers a wide range of products, including bath and body items, menstrual care supplies such as sanitary pads and tampons, and sexual health products including contraceptives and lubricants. The company also provides pharmaceuticals, pain relievers, supplements, and mom and baby care products. Kasha aims to promote health for women at all stages of life, addressing needs related to maternal health, menstrual hygiene, family planning, and chronic diseases. By operating both online and in urban and rural areas, Kasha seeks to enhance accessibility to essential health and personal care products.
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