Village Capital

Village Capital is a Washington, DC-based organization founded in 2009 that operates accelerator programs and supports early-stage ventures worldwide. It targets sectors including agriculture, education, energy, financial services, health, and technology, focusing on environmental, social, and economic challenges. Village Capital uses a peer-led model in which entrepreneurs rank ventures and award seed funding to the top graduates of each program. The organization provides training and connects founders, investors, and communities to resources and capital with the aim of broadening access to entrepreneurship. Since its inception, Village Capital has supported more than 1,000 entrepreneurs through its programs and partnered with affiliated investment funds; program graduates have generated about $61.5 million in revenue, reached around 8.5 million customers, and created over 11,500 jobs.

Kavon Badie

Investment Officer, Impact Investments team

Allie Burns

CEO

Daniel Cossío

Regional Director, Latin America

Rachel Crawford

Chief Strategy and Innovation Officer

Heather Matranga

Vice President

Ebony Pope

Investor

Past deals in Sub Saharan Africa

Octavia Carbon

Non Equity Assistance in 2023
Octavia Carbon is a pioneering company based in Kenya that specializes in Direct Air Capture (DAC) technology. It designs, builds, and deploys proprietary systems to filter CO2 from the atmosphere, aiming to reverse climate change and reduce reliance on fossil fuels. The company uniquely leverages Kenya's geothermal energy and talent to accelerate DAC technology development and lower costs.

BeSingularity

Seed Round in 2021
BeSingularity, headquartered in Addis Ababa, Ethiopia, is a technology company that provides a sales outsourcing platform. This platform aims to help businesses grow their sales, acquire and retain customers, and achieve overall business growth objectives. It enables clients to optimize their sales strategies, expand market reach, and ultimately sell their products and services more effectively.

Fundi App

Non Equity Assistance in 2021
Fundi App is a mobile platform that connects customers with nearby, vetted handymen offering repair, maintenance, and installation services. It aims to bridge the gap between demand and skilled individuals in Africa's informal sector, providing stable economic opportunities for youth while ensuring quality, affordable service for customers.

Angaza Elimu

Non Equity Assistance in 2021
Angaza Elimu is an ed-tech company dedicated to transforming education in Kenya and across Africa by addressing classroom inefficiencies and the lack of adequate educational resources. The company offers a comprehensive e-Learning platform that simplifies classroom management, allowing teachers to focus more on delivering quality education. Angaza Elimu enhances student engagement through a Student Portal that promotes critical thinking and technological interaction. Additionally, the company provides supplemental training in STEM subjects, fostering innovation and creativity among young learners. With a commitment to empowering African youth, Angaza Elimu also features an Internet of Things school that offers hands-on training in hardware engineering, enabling students to learn at their own pace both inside and outside the classroom.

Stars From All Nations

Non Equity Assistance in 2021
Stars From All Nations ® is a Ghana-based education social enterprise on a bold mission to unlock the potential of Africa’s young geniuses by helping them turn their passions into businesses and fulfilling careers. SFAN believes that young people are smart and if given the skills and opportunities to engage the real world, magic will happen! The team’s work stems from a desire to raise the next generation of leaders that will contribute to creating the most incredible economic phenomenon the world has ever seen on the continent. The company’s signature initiative, ReadyforWork, is a digital career accelerator that uses Artificial Intelligence and Machine Learning to equip entry-level job seekers with skills and help recruiters make data-driven hiring decisions.

ICT for Development

Non Equity Assistance in 2021
ICT for Development Kenya reaches out to undeserved communities in East Africa offering Technology literacy.

DriversNg

Non Equity Assistance in 2021
DriversNg provides reliable and professionally trained drivers to individuals, companies and organisations all over Nigeria.

Eneza Education

Non Equity Assistance in 2021
Eneza Education Limited, established in 2011 and based in Nairobi, Kenya, provides mobile-based educational services designed to enhance learning accessibility across the country. The company offers a virtual tutor and teacher's assistant that facilitates access to courses and assessments for students and teachers through various platforms, including USSD/SMS, online web applications, an offline desktop application, and an Android app. Eneza Education’s offerings include locally-aligned tutorials, tips, and assessments, complemented by features such as a leaderboard, Wikipedia text, and live teacher chat. The company's content, developed by Kenyan teachers, targets students from primary to secondary levels, promoting comprehensive, on-demand educational support to improve academic performance. Eneza Education operates as a subsidiary of M-Prep Inc.

Tustawi

Non Equity Assistance in 2021
Tustawi is a Kenyan company specializing in e-learning solutions for professional development. It leverages technology to create customized, job-specific, and market-relevant training programs, helping professionals enhance their skills and stay competitive in the job market.

Gradely.ng

Non Equity Assistance in 2021
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the company utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on enhancing exam preparation by offering assessment reporting, tracking, and training for teachers, along with computer-based tests and a learning progress tracker for schools. The platform employs analytics to identify and address learning gaps in real-time, assisting parents and educators in supporting students effectively. Through adaptive homework tests available on web and mobile devices, Gradely assesses students' understanding of various topics and recommends specific practice sets and remedial resources. The system allows teachers to create and assign homework efficiently, while generating progress reports for students, parents, and schools. Gradely's innovative approach ensures a comprehensive learning experience by continuously adjusting the difficulty of questions based on students' mastery levels.

Youverify

Seed Round in 2020
Founded in 2017, Youverify specializes in digital identity verification. It confirms user identities by comparing documents with facial biometrics using AI, cross-checking against over 300 databases globally. The company also offers physical address verification across Sub-Saharan Africa through partnerships with field officers.

Piggyvest

Seed Round in 2018
Piggyvest is a Nigerian fintech platform offering an automatic savings service that helps individuals and businesses save small amounts regularly by automating deposits on daily, weekly, or monthly schedules. The service uses predefined withdrawal dates to reduce temptation and simplify saving, while enabling goal-based saving and automated disbursement of returns to users’ bank accounts. By combining easy-to-use savings with flexible options, Piggyvest aims to make saving accessible and effortless, helping users manage their finances with minimal effort.

Riby

Seed Round in 2018
Riby is a fintech company based in Lagos, Nigeria. It offers a digital platform that enables cooperatives, associations, micro businesses, and individuals to create, manage bank or mobile money accounts, and access financial services.

Tulaa

Seed Round in 2018
Tulaa is a Nairobi-based company founded in 2017 that develops a software application aimed at enhancing the agricultural marketplace. The platform connects smallholder farmers with agri-input suppliers, financial service providers, and commodity buyers, facilitating the sale of agricultural products and access to affordable financing. By leveraging mobile technology and local agent networks, Tulaa reduces the costs and risks associated with doing business in the agricultural sector. The company's marketplace provides farmers with essential information on supplies, credit options, and market connections, ultimately enabling them to improve their sales and financial stability.

Ensibuuko

Seed Round in 2018
Ensibuuko is a Ugandan technology company established in 2014, specializing in developing cloud-based micro-finance software tailored for community-level financial institutions across Africa. The company's core business involves providing affordable banking solutions, enabling users to access their accounts via mobile phones, check balances, make deposits, and withdrawals, even in areas with limited telecom infrastructure.

Baby Grubz

Seed Round in 2017
Baby Grubz is a social enterprise based in Lagos, Nigeria. Founded in 2013, it produces and packages affordable dried homemade cereals, grains, fruits, vegetables, and condiments to create nutritious meals for babies.

Piggyvest

Seed Round in 2017
Piggyvest is a Nigerian fintech platform offering an automatic savings service that helps individuals and businesses save small amounts regularly by automating deposits on daily, weekly, or monthly schedules. The service uses predefined withdrawal dates to reduce temptation and simplify saving, while enabling goal-based saving and automated disbursement of returns to users’ bank accounts. By combining easy-to-use savings with flexible options, Piggyvest aims to make saving accessible and effortless, helping users manage their finances with minimal effort.

Ared

Pre Seed Round in 2016
ARED Group is a technology company focused on bridging the digital divide through innovative solutions. Founded in 2013 and based in Kigali, Rwanda, ARED develops a solar-powered kiosk platform that provides essential services such as internet access, phone charging, airtime, mobile money, prepaid electricity, and tax payments. The company specifically aims to serve underserved populations, including women and individuals with disabilities. Its mini-server platform enhances the accessibility of digital applications by storing content closer to users, thereby reducing internet costs and improving performance. By leveraging renewable energy, ARED addresses the critical issue of energy access, enabling users to charge their devices and utilize digital services effectively. ARED began piloting its technology in 2020 across several African countries, working with local partners to facilitate a more inclusive digital landscape.

Lekki Peninsula Affordable Schools

Seed Round in 2015
Lekki Peninsula Affordable Schools is a low-cost private school chain in Nigeria focused on delivering high-quality education to low-income families. The institution operates on an all-inclusive fee structure, which covers tuition, books, uniforms, exams, and additional lessons, including after-school programs. This model makes quality education accessible to families at the bottom of the economic pyramid. Lekki Peninsula Affordable Schools also offers a flexible payment system, allowing families to pay fees on a weekly basis, accommodating their financial situations. The schools provide a safe and clean environment for learning, complemented by extracurricular activities such as sports, drama, and arts, aimed at fostering socially responsible and economically productive citizens.

EDOM Nutritional Solutions

Seed Round in 2013
EDOM is a Kenya-based fortified flour and enriched porridge producer mitigating malnutrition in Sub-Sarahan Africa through a BoP-targeted sales strategy. The business has achieved a 68% revenue CAGR since inception, 4-fold net margin increase in 2013, and has a 4,000+ smallholder farmer network in Uganda and Kenya. With I-DEV support, EDOM has engaged a leading global impact investor to secure the first tranche of a multi-stage investment which will be used to provide WC and M&E financing to double production and extend BoP outreach.

Access Afya

Seed Round in 2012
Access Afya Limited is a healthcare provider based in Nairobi, Kenya, focused on delivering essential medical services to low-income neighborhoods through a network of micro-clinics. Founded in 2012, the company operates standardized digital clinics that offer a range of services including consultations, pharmacy services, rapid diagnostic tests, family planning, and immunizations. Access Afya also engages with local schools by providing health check-ups, health report cards, deworming services, hand-washing education, and nutrition counseling. Utilizing modern health technologies, Access Afya aims to improve access to quality healthcare in underserved communities.
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