Investors in Ethiopia

Showing 1-50 out of 66 matches

Renew Capital

Renew Capital is an investment firm based in Addis Ababa, Ethiopia, founded in 2007. The firm focuses on Africa's growing businesses, specifically targeting small and medium enterprises and the private sector. By addressing critical gaps in the market, Renew Capital connects these businesses with a global network of impact investors, facilitating growth and development within the region. Through its efforts, the firm aims to support the expansion of Africa's entrepreneurial landscape and enhance economic opportunities across the continent.
Made 3 investments in Ethiopia

British International Investment

British International Investment is a development finance institution and impact investor based in London, United Kingdom. Established in 1948 and wholly owned by the UK Government's Department for International Development, BII aims to foster long-term economic growth and sustainability in emerging markets, particularly in Africa and South Asia. The institution invests across various sectors, including infrastructure, health, and agribusiness, with a focus on job creation and business development. BII provides financial support through debt, equity capital, and mezzanine financing, both directly and via intermediaries, catering to a wide range of industries such as distribution, education, consulting, logistics, and electronics.
Made 6 investments in Ethiopia

Ascent Capital Africa

Ascent Capital Africa Limited is a private equity and venture capital firm established in 2012, with its primary office located in Nairobi, Kenya. The firm focuses on investing in startup, early-stage, and growth companies across various sectors, including agribusiness, consumer goods, financial services, healthcare, information technology, and energy. Targeting small and medium enterprises with revenues between $2 million and $10 million, Ascent typically invests between $2 million and $15 million, with an average investment of $4 million to $5 million. The firm aims to acquire controlling or significant minority stakes in its portfolio companies, usually maintaining a shareholding of 25% to 40%. Ascent Capital Africa is committed to fostering growth in the Greater Eastern Africa region, including Kenya, Uganda, Tanzania, Rwanda, Burundi, and Ethiopia. The firm generally plans for a ten-year investment horizon, with preferred exit strategies including public listings or sales to other private equity funds and investors.
Made 2 investments in Ethiopia

Dashen Bank

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.
Made 1 investment in Ethiopia

Surya Capital

Surya Capital is a principal investment firm focused on high growth markets in Sub-Saharan Africa (“SSA”) primarily East Africa and & Ethiopia (“Greater East Africa” or “GEA”). Not being structured as a private equity fund, we bring patient and flexible financial capital to businesses. We combine financial capital with operational expertise by also sourcing operating partners and strategic investors who have operated in our sectors of focus in other markets. Surya Capital’s management team harnesses several decades of private equity investment and business building experience to partner with entrepreneurs in refining their strategies, enhancing their competitive advantage, executing growth and expansion plans, assisting with new financing and deepening their organization’s execution capabilities. Our flexible model allows us to look at greenfield, growth and control transactions, tailoring our investment proposal to the specifics of each investment opportunity. In everything we do, we insist on private equity best practice, best-in-class governance, and win-win partnership with local communities and stakeholders.
Made 1 investment in Ethiopia

Finnish Fund for Industrial Cooperation (FINNFUND)

Finnish Fund for Industrial Cooperation Ltd. is an investment firm specializing in direct and fund of fund investments. In direct investments, it seeks to make early stage, mid stage, late stage, equity capital, mezzanine investments, long term investment loans and co-investments in small and medium enterprises. For fund of fund investments, the firm seeks to invest in private equity funds. The firm does not invest in companies involved in production of or trade in weapons and munitions; gambling and equivalent enterprises, production of or trade in alcoholic beverages, tobacco, and illegal drugs; production or activities involving forced labour or child labour; production of or trade in any product or activity deemed illegal under host country legislation or regulations or international conventions and agreements; trade in wildlife or wildlife products regulated under CITES; production or use of or trade in hazardous materials such as radioactive materials, unbounded asbestos fibers, products containing PCBs and chemicals subject to international phase-outs or bans; manufacturing of equipment and appliances containing chlorofluorocarbons (CFCs), halons and other substances regulated under the Montreal Protocol; production of or trade in pharmaceuticals subject to international phase-outs or bans; production of or trade in pesticides/herbicides subject to international phase-outs or bans; production of or trade in ozone depleting substances subject to international phase-out; unsustainable fishing methods such as blast fishing and drift net fishing in the marine environment using nets in excess of 2.5 km in length; Cross-border trade in waste and waste products, unless compliant with the Basel Convention and the underlying regulations, and any business relating to pornography and/or prostitution. It will not finance operations covered by the EDFI Exclusion list. The firm will also continue to exclude itself from participating in production chains for coal, uranium, oil and natural gas production. It primarily invests in agribusiness, cleantech, forestry, energy conservation, renewable energy, health services, power generation, manufacturing, telecommunications, and services, power plants, logistics and communications equipment. The firm also invests in companies that can generate environmental or social benefit. It can invest in microfinance and infrastructure projects. The firm also finances ventures that use Finnish technology. It seeks to finance projects in developing countries and Russia. The firm typically invests risk capital in medium-sized private projects sponsored by a Finnish company or with some other link to Finnish interests initiated in developing countries based in OECD region with a focus on China, Bangladesh, Bhutan, India, Nepal, and Sri Lanka or transition economies outside European Union with a focus on Russia and Finland. The firm pursues co-investment opportunities in countries that are Finland’s development cooperation partners including Mozambique, Tanzania, Ethiopia, Zambia, Kenya, Nicaragua, Vietnam, Nepal, Egypt, Namibia, and Peru. It structures its investments in the form of equity capital; mezzanine financing including unsecured subordinated loans, preferred shares, and convertible bonds; investment loans; a combination of these; and guarantees. The firm primarily invests between EUR 1 million ($1.17 million) and EUR 10 million ($ 11.77 million). The firm makes equity investments as minority shareholder wherein it invests no more than 30 percent of the capital of the company being financed. It provides medium to long-term investment loans in usually dollar or euro, which can cover about one-third of the project’s total financing requirement. The firm seeks to make minority investments in a project and primarily co-invests with other development finance institutions in projects that do not directly involve Finnish business. Finnish Fund for Industrial Cooperation Ltd. was founded in 1980 and is based in Helsinki, Finland.

Africa Oil Corp

Africa Oil is a Canadian oil and gas company with assets in Kenya and Ethiopia as well as Puntland (Somalia) through its 41% equity interest in Africa Energy Corp. Africa Oil's East African holdings are within a world-class exploration play fairway with a total gross land package in this prolific region in excess of 200,000 square kilometers. The East African Rift Basin system is one of the last of the great rift basins to be explored. Several new significant oil discoveries have been announced in the Lokichar basin of Kenya in which the Company holds a 50% interest along with operator Tullow Oil plc. The Company is listed on the TSX and on Nasdaq Stockholm under the symbol "AOI".

Trade and Development Bank -TDB

Established in 1985, the Eastern and Southern African Trade and Development Bank (TDB), formerly the PTA Bank, is a multilateral, treaty-based development financial institution, with assets of over US$ 5 billion. The Bank’s mandate is to finance and foster trade, regional economic integration and sustainable development, through trade finance, project and infrastructure finance, asset management and business advisory services. In the past five years, TDB’s shareholder base has grown from 19 to 35 members, including 22 Member States from across COMESA, EAC and SADC, 2 non-African member countries and 11 institutional investors. During the same period, shareholder equity funds increased by 150%, annual net profits by 100%, and non-performing loans were halved. TDB currently has regional offices in Nairobi, Harare and Addis Ababa, and principle offices in Bujumbura and Port-Louis.

Cepheus Growth Capital Partners

Cepheus Growth Capital Partners (Cepheus) is a private equity (PE) fund manager established in 2016 to take advantage of growing investment opportunities in Ethiopia.

Inspired Evolution

Inspired Evolution is a private equity and venture capital firm founded in 2007 and based in Cape Town, South Africa, with additional offices in Mauritius, Ivory Coast, Kenya, and the United Kingdom. The firm specializes in investments in clean energy and resource efficiency, focusing on sectors such as renewable energy generation, waste management, water purification, and sustainable agriculture. Inspired Evolution targets companies in the Southern African Development Community, particularly in Sub-Saharan Africa, with a strong emphasis on nations like Ethiopia, Ghana, and Nigeria. The firm typically invests between $1.4 million and $14 million in companies with enterprise values ranging from $1.34 million to $15 million, aiming to acquire significant minority or majority stakes and often seeking board representation. Inspired Evolution also provides advisory services to its portfolio companies, emphasizing sustainable practices that align with social equity and ecological integrity.

Zephyr Management, L.P.

Zephyr Management, L.P. is a venture capital and private equity firm specializing in middle market, distressed/ vulture, seed/startup, early venture, emerging growth, mid venture, late venture, buyout, industry consolidation, recapitalization, mezzanine, turnarounds, industry consolidation, recapitalization, and private equity investments. The firm provides growth capital and prefers to invest in small and medium enterprises in financial services, business services, niche manufacturing, education, logistics, agri-business, packaging and labeling, telecommunications, distribution companies, environmental and facilities and services, travel and tourism services, publishing, healthcare, business-to-business, consumer products and services. It also invests in the rural segments with a focus on food, beverage, and agriculture and emerging markets. It seeks to invest in India, Africa, Algeria, Egypt, Morocco, Benin, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Gambia, Ghana, Kenya, Mali, Nigeria, Rwanda, Sierra Leone, Somalia, South Africa, Sudan, Togo, Uganda, Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Swaziland, Sri Lanka, Seychelles, Democratic Republic of Congo, Tanzania, Zambia, Zimbabwe, Korea, Mexico, United States, Canada, and Europe. The firm invests between $0.2 million and $75 million in companies having enterprise values between $25 million and $150 million. It prefers to invest in companies generating revenues between $30 million and $300 million and having an EBITDA between $2 million and $50 million. The firm acquires both majority and minority stakes in firms. Zephyr Management, L.P. was founded in 1994 and is based in New York, New York with additional offices in Bangalore, India; Cayman Islands; Nairobi, Kenya; London, United Kingdom; and Mexico D.F., Mexico.

Gebeya

Gebeya Inc. is an education technology and online software outsourcing marketplace based in Addis Ababa, Ethiopia, with additional teams in Kenya, Senegal, North America, and the UK. Founded in 2016, the company focuses on providing specialized training in software engineering, design, and digital skills, contributing to Africa's digital transformation. Gebeya offers several services, including G-Talent, which connects companies with specialized developers for remote or in-house positions; G-Subscription, which provides access to IT professionals for a predetermined number of hours; and G-Made, which facilitates hiring Gebeya’s core engineering team for project completion. Additionally, the company engages in branding, videography, and animation services. Gebeya aims to be a reliable source of skilled talent, showcasing Africa's competitiveness in the global job market.

Google for Startups

Google for Startups is an initiative designed to support and empower startups globally. Established in 2011 and based in San Francisco, the program offers access to Google's products, resources, and best practices through a vast network of partners and six dedicated Google for Startups Campuses located in major cities such as London, Tel Aviv, and São Paulo. Its mission is to foster entrepreneurial success and create a positive impact on the future. By collaborating with over fifty leading startup organizations, Google for Startups enhances local tech ecosystems and supports startups across more than 135 countries. The program provides financial assistance, exclusive programming, and mentorship opportunities. The Google for Startups Campuses serve as collaborative spaces where startup founders can engage with their peers, access educational resources, and receive training from both Google and local experts. These Campuses offer free workspaces, events, and a vibrant community, enabling entrepreneurs to thrive in their respective industries.
Made 4 investments in Ethiopia

International Finance Corporation

International Finance Corporation (IFC), established in 1956 and headquartered in Washington, D.C., is a member of the World Bank Group dedicated to private sector development in developing countries. The organization provides a range of financial and advisory services to foster economic growth across various sectors, including agriculture, infrastructure, manufacturing, healthcare, education, and technology. IFC invests in both direct projects and funds, focusing on emerging markets and prioritizing sustainability and inclusive development. It offers a diverse array of financial instruments, such as equity, loans, and quasi-equity products, while adhering to strict investment guidelines that exclude certain industries, such as weapons, tobacco, and gambling. IFC typically invests between $1 million and $100 million, supporting projects that are predominantly privately owned in member countries. The organization does not actively manage portfolio companies but seeks to exit investments through equity sales or public listings, often maintaining equity stakes for eight to fifteen years.
Made 2 investments in Ethiopia

Proparco

Proparco is a Paris-based organization established in 1977 that specializes in providing private sector funding for sustainable development initiatives. It focuses on financing and supporting companies and financial institutions across Africa, Asia, Latin America, and the Middle East. Proparco targets key development sectors, including infrastructure—especially renewable energy—agriculture, financial institutions, health, and education. The organization aims to enhance the role of private entities in achieving the Sustainable Development Goals (SDGs) established by the international community in 2015. By financing projects that create jobs, provide essential goods and services, and combat climate change, Proparco contributes to sustainable economic growth and development. Its financing solutions include loans, guarantees, equity, and quasi-equity options tailored to the needs of the private sector.
Made 1 investment in Ethiopia

Inclusion Japan

Inclusion Japan, founded in 2011 and based in Tokyo, is an incubation and support platform for venture companies and large corporations. The organization focuses on early-stage investments, helping to nurture and develop innovative startups. Additionally, Inclusion Japan operates the ICJ ESG Accelerator, a program designed to promote environmental, social, and governance initiatives among emerging businesses. Through its various programs and investment strategies, Inclusion Japan aims to foster entrepreneurship and drive sustainable growth within the Japanese business landscape.
Made 2 investments in Ethiopia

Artesian VC

Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.
Made 4 investments in Ethiopia

Belgian Investment Company for Developing Countries

BIO is to support a strong private sector in developing and/or emerging countries, to enable them to gain access to growth and sustainable.
Made 3 investments in Ethiopia

Goodwater Capital

Goodwater Capital is a venture capital investment firm based in Burlingame, California, founded in 2014. The firm focuses on empowering exceptional entrepreneurs across various sectors, including housing, financial services, healthcare, food, transportation, education, and consumer technology. Goodwater believes that consumer technology has the potential to revolutionize culture and the global economy, and it seeks to invest in promising entrepreneurs who are dedicated to solving significant societal challenges. By supporting these innovators, Goodwater Capital aims to create a measurable positive impact on billions of lives worldwide.
Made 2 investments in Ethiopia

SOSV

SOSV is a global venture capital firm based in Princeton, New Jersey, founded in 1995. It specializes in early-stage investments, focusing on deep technology innovations that address human and planetary health. The firm operates startup development programs, notably HAX and IndieBio, which provide resources, facilities, and lab equipment to accelerate the growth of promising startups. SOSV supports companies from their inception through various funding stages, including seed and series A rounds, while offering ongoing assistance to help them scale and attract additional investors. By concentrating on revolutionary technologies and cross-border markets, particularly in Asia, SOSV aims to foster significant advancements that benefit humanity and the environment.
Made 3 investments in Ethiopia

FMO

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.
Made 1 investment in Ethiopia

Premier African Minerals

Premier African Minerals Ltd is engaged in the business of exploration, evaluation and development of mineral properties.

Leapfrog Investments

LeapFrog Investments is a private equity and venture capital firm based in London, United Kingdom, specializing in growth-stage and expansion investments primarily in the financial services and healthcare sectors. Founded in 2007, the firm focuses on businesses that deliver essential financial services and healthcare products, including mobile payments, insurance, pensions, savings, credit, and retail healthcare distribution. LeapFrog targets investments in emerging markets across Asia and Africa, with a particular emphasis on countries such as Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm typically invests between $10 million and $50 million, making both minority and majority investments, and aims for exits within four to seven years through various means, including IPOs and trade sales. LeapFrog's strategic approach emphasizes impact investing, aiming to foster growth in sectors that benefit underserved populations.
Made 2 investments in Ethiopia

Eight Capital

Eight Capital to invest in distressed and special situation opportunities in India.
Made 1 investment in Ethiopia

CrossFund

CrossFund is an exclusive venture collective designed to assist founders in raising early-stage capital while facilitating connections with accredited investors and experienced mentors. The organization focuses on supporting early-stage tech companies in emerging markets, offering resources and expertise to help entrepreneurs enhance their profitability. By creating a professional network, CrossFund aims to empower businesses and entrepreneurs, enabling them to navigate the challenges of securing funding and scaling operations in a competitive landscape.
Made 1 investment in Ethiopia

MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.
Made 2 investments in Ethiopia

8 Miles

8 Miles is a private equity firm founded in 2008 and based in London, England, that focuses exclusively on investments in Africa. The firm targets consumer-driven businesses and service providers with strong growth potential across various sectors, including agribusiness, education, energy, healthcare, and technology. 8 Miles aims to partner with leading entrepreneurs and management teams, providing both capital and operational expertise to help achieve shared objectives. The firm emphasizes active ownership, engaging directly in the transformation of the businesses in which it invests. Its team comprises experienced professionals with a deep understanding of both developed and emerging markets, enabling them to navigate the unique opportunities and challenges present in Africa. Through its approach, 8 Miles seeks to deliver superior returns while fostering lasting operational improvements in African companies.
Made 3 investments in Ethiopia

Clover Vitality

Clover Vitality is a growth equity firm focused exclusively on emerging food and beverage companies. The firm is led by principals who have dedicated their careers to these industries and as operators and investors. In addition to the principals, the firm is built on a vast network of limited partners and advisors, including successful entrepreneurs and C-level executives of major corporations, creating an expansive eco-system and resource for our management teams.
Made 1 investment in Ethiopia

FinDev Canada

FinDev Canada is a development finance institution that offers financial solutions to businesses in developing countries, with the potential to develop markets, empower women, and mitigate climate change. It provides innovative and sustainable solutions for entrepreneurs in developing markets. It primarily invests in companies operating in the alternative energy, agriculture, and financial sectors. FinDev Canada was established in 2018 and is headquartered in Montréal, Quebec.
Made 1 investment in Ethiopia

Village Capital

Village Capital is an accelerator firm founded in 2009 and based in Washington, D.C. It focuses on early-stage investments in sectors such as agriculture, education, energy, financial services, and health. The firm employs a unique peer-selection model, allowing entrepreneurs to award pre-committed seed funding to the top ventures identified during its programs. This approach aims to democratize access to entrepreneurship by connecting high-potential founders with essential resources, including funding and mentorship. Village Capital has supported over 1,000 entrepreneurs through its programs across nine countries, fostering a community that has generated significant revenue and job creation. The firm also operates a nonprofit that provides training programs for entrepreneurs and investors, enhancing the ecosystem for early-stage ventures. Its innovative model has been recognized for its effectiveness in changing traditional investor-entrepreneur dynamics, positioning Village Capital as a leader in supporting inclusive and impactful business development globally.
Made 1 investment in Ethiopia

Japan Tobacco

Japan Tobacco Inc. is a leading global manufacturer primarily engaged in the tobacco industry, as well as the pharmaceutical and processed food sectors. It ranks as the third-largest tobacco company worldwide, with a diverse portfolio of well-known brands, including Winston, Camel, Mevius, LD, Logic, and Ploom. The company operates in over 70 countries and sells its products in more than 130 markets, holding significant market shares in Japan, Russia, and the UK. The tobacco segment is the primary driver of revenue, accounting for approximately 90% of group sales, with a substantial portion coming from international operations. Japan Tobacco is committed to innovation and sustainability, actively investing in research and development through its Plant Innovation Center to enhance its product offerings and create reduced-risk alternatives. The company has grown through strategic acquisitions, including the notable purchase of Gallaher in 2007, further solidifying its position in the global market.

Norfund

Norfund is an economic development agency based in Oslo, Norway, established in 1997. As an active and strategic minority investor, it provides equity, risk capital, and loans to support the growth of businesses in countries with limited access to capital, primarily focusing on Sub-Saharan Africa, as well as select regions in Southeast Asia and Central America. Norfund aims to foster sustainable business development in areas where the private sector is underdeveloped, by investing in small and medium-sized enterprises and other targeted sectors. The agency's approach is designed to create significant economic impact and promote long-term growth in these developing markets.
Made 2 investments in Ethiopia

54 Capital

54 Capital is an Africa-focused asset manager investing in and managing proprietary deals across the continent, alongside.
Made 2 investments in Ethiopia

Orange Ventures

Orange Ventures, established in 2015 as the corporate venture arm of Orange, is headquartered in Paris, France. The firm focuses on investing in companies across a range of sectors, including software, technology, consumer services, digital enterprise, cybersecurity, fintech, e-health, and gaming, among others. With a strong emphasis on fostering innovation, particularly in the Middle East and Africa, Orange Ventures aims to support sustainable and responsible business models while helping to cultivate future global technology leaders. With 350 million euros in assets under management, it ranks among the top ten corporate venture firms in Europe and seeks to achieve financial objectives aligned with industry standards.
Made 1 investment in Ethiopia

Partech

Partech is a global technology investment firm headquartered in Paris, with additional offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Established 40 years ago in San Francisco, the firm focuses on providing capital, operational experience, and strategic support to entrepreneurs from seed to growth stage. Partech manages a portfolio of 220 companies across 40 countries and four continents, emphasizing collaboration and partnership with the founders it backs. With assets under management totaling €2.5 billion, Partech is dedicated to fostering innovation and success in the technology sector.
Made 1 investment in Ethiopia

The Baobab Network

The Baobab Network is a prominent start-up accelerator based in Africa, with offices in Nairobi, South Africa, Nigeria, and London. It focuses on supporting early-stage technology ventures across the continent by connecting them with talent and global investors. The organization provides a range of services, including leadership development, entrepreneurship training, strategy design, and resource planning, all aimed at fostering growth and enhancing revenue for participating businesses. In exchange for equity, The Baobab Network offers financial support and a platform for companies to expand their operations and access vital resources, ensuring they receive real-time guidance to navigate the challenges of the entrepreneurial landscape.
Made 1 investment in Ethiopia

Kibo Capital Partners

Kibo Capital Partners is a private equity management company based in Ebene, Mauritius, and was founded in 2007. Licensed by the Financial Services Commission, the firm focuses on investing in a diverse range of sectors, including consumer goods, healthcare and education, financial services and fintech, as well as manufacturing and agribusiness. Kibo Capital Partners aims to identify and support companies within these industries to enhance their growth and value.
Made 1 investment in Ethiopia

Public Investment Corporation

The Public Investment Corporation (PIC) is a government-owned investment management company based in Pretoria, South Africa, established in 1911. As the only firm in the country that focuses exclusively on the public sector, PIC manages assets for a range of public entities, including pension funds, social security funds, and development funds. With its operations comparable to those of private sector asset managers, PIC is recognized as one of the largest and most successful investment managers in Africa. The organization employs a combination of both internal and external fund managers to oversee its investments, ensuring a diverse and strategic approach to asset management. The governance of PIC is overseen by a board of directors, which is responsible for directing the management of the fund's assets.

Cerberus Capital Management

Cerberus Capital Management, L.P. is a private investment firm established in 1992 and headquartered in New York City. The firm specializes in operational private equity investments, targeting undervalued companies and distressed securities across various sectors, including aerospace, automotive, healthcare, and technology. Cerberus focuses on both control and non-control investments, holding significant stakes in its portfolio companies. In addition to equity investments, the firm engages in commercial mid-market lending, providing financing solutions such as acquisition financing, working capital loans, and debtor-in-possession financing. Cerberus also seeks credit opportunities, particularly in Europe, and manages a range of funds for respected global investors. The firm operates additional offices across the United States, Europe, and Asia.

African Capital Alliance

African Capital Alliance is a private equity firm founded in 1997, with its headquarters in Port-Louis, Mauritius, and an additional office in Lagos, Nigeria. The firm specializes in growth capital and equity investments, targeting small and medium-sized enterprises across various sectors, including oil and gas, media, healthcare, energy, technology, telecommunications, and agriculture. African Capital Alliance focuses primarily on middle-market companies in West Africa, particularly Nigeria, while also exploring opportunities in other Sub-Saharan African nations. The firm aims to support growth companies and turnaround situations, often making control investments ranging from $1 million to $60 million, with significant minority and majority rights. Through its subsidiaries, African Capital Alliance offers private equity, asset management, and real estate management services, positioning itself as an impactful player in the African investment landscape.

European Investment Bank

The European Investment Bank (EIB), established in 1958 and headquartered in Luxembourg, serves as the lending arm of the European Union, primarily focusing on supporting European integration and social cohesion. It offers a range of financial services, including project loans for both public and private sectors, loans to banks and intermediaries, and structured finance products. EIB also provides guarantees, securitization instruments, and equity investments, particularly in infrastructure and environmental projects. The bank plays a crucial role in financing microfinance and risk-sharing initiatives for research and innovation, alongside offering technical expertise for sustainable energy projects. Its advisory services encompass urban development and infrastructure, and it actively supports public-private partnerships and small to medium-sized enterprises across various sectors, including transportation, energy, health, education, and agriculture.
Made 1 investment in Ethiopia

KFW DEG

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.
Made 1 investment in Ethiopia

European Investment Fund

The European Investment Fund (EIF) is a venture capital and private equity firm established in 1994 and headquartered in Luxembourg. Acting as an investment arm of the European Investment Bank, EIF specializes in enhancing access to finance for small and medium-sized enterprises (SMEs) across Europe. The firm focuses on seed and early-stage investments, particularly in innovative sectors such as information technology, life sciences, and materials. EIF develops venture capital and guarantee instruments tailored to support SMEs, especially in Bulgaria, Slovakia, and Central Eastern Europe, while also targeting investments in Turkey. By making cornerstone investments in various funds, EIF aims to stimulate private investments and foster a dynamic venture capital ecosystem. The firm manages a significant equity investments portfolio and engages in various financing activities, including direct investments and fund of funds, as well as providing guarantees and financial engineering services. Through its efforts, EIF plays a crucial role in promoting entrepreneurship, innovation, and economic growth within the European Union.

Unigrains

Unigrains is a private equity investment firm based in Paris, France, established in 1963. The company specializes in providing financing and support to the agribusiness sector, with a particular focus on the agri-food and agro-industry segments. By leveraging its extensive expertise in these industries, Unigrains aims to foster growth and innovation within the agribusiness landscape in France.
Made 1 investment in Ethiopia

IDIA Capital Investissement

IDIA Capital Investissement is a private equity firm based in Montrouge, France, established in 1980. As the private equity arm of Crédit Agricole Capital Investissement, the firm focuses on investing in companies within the nutrition, food processing, agricultural distribution, wine industry, and retail sectors. Through its strategic investments, IDIA Capital Investissement aims to support the growth and development of businesses in these key industries.
Made 1 investment in Ethiopia

Temasek Holdings

Temasek Holdings is a Singapore-based investment company founded in 1974. The firm specializes in providing debt financing and is dedicated to transforming economies, enhancing middle-income populations, and fostering emerging champions. Temasek operates across various sectors, including financial services, transportation, industrial, consumer goods, real estate, telecommunications, media, technology, and life sciences. Its strategic focus is on developing comparative advantages within these industries to support sustainable growth and innovation.
Made 1 investment in Ethiopia

Amethis

Amethis Finance is a private equity firm founded in 2011, headquartered in Paris, France, with additional offices in Nairobi, Abidjan, Luxembourg, and Morocco. The firm specializes in providing growth capital and long-term debt investments to mid-sized companies across various sectors in Africa, including financial services, energy, infrastructure, agribusiness, and community housing. Amethis targets investments that deliver goods and services to African consumers, focusing on both business-to-business and business-to-consumer markets. The firm also invests in industries driven by urban consumption growth, such as telecoms, healthcare, and retail. With an investment capacity exceeding €600 million, Amethis typically acquires minority stakes ranging from 15% to 30% in companies with an enterprise value between $40 million and $60 million. The firm emphasizes social and environmental criteria in its investment decisions and aims to exit investments within five to eight years. Additionally, Amethis offers advisory services to enhance the governance and operational capabilities of its portfolio companies.
Made 1 investment in Ethiopia

Metier Private Equity

Metier is a proven leader in the area of private equity, alternative assets and related advisory services. The company was founded in 2004 and raised, at the time, South Africa’s largest private equity fund in terms of third party local commitments. It has an established team which ranks amongst the largest and most experienced in the industry. Metier has a strong track record in private equity investing and selective M&A advice that confirms its leadership status. From inception, the company's Commerce Square offices were a reflection of the brand - open, welcoming, and independent of spirit. Seeking a return to a more personal format, Thierry, Anthony and Paul settled on the setting up of an independent and private firm to capture the next wave of growth in the private equity and dealadvising arena. They were joined by long-time legal colleague Malcolm Ball and now-Libstar director, Robin Smith.
Made 1 investment in Ethiopia

Swedfund International

Swedfund International AB is a principal investment firm based in Stockholm, Sweden, established in 1979. It specializes in making direct investments and fund of funds investments, focusing on complex and high-risk environments primarily in emerging markets across Africa, Asia, Latin America, and non-EU countries in Eastern Europe. The firm provides risk capital in various forms, including equity, loans, and share options, typically investing between SEK 5 million and SEK 100 million. Swedfund does not invest in Swedish businesses or in sectors such as weapons, tobacco, or alcohol. It seeks to support seed, start-up, and mid to late venture stages, aiming for an exit within five to ten years. As a minority investor, Swedfund limits its investments to one-third of the total capital required and takes an active role by securing a Board seat in its portfolio companies. Additionally, it offers financial support to small and medium-sized Swedish enterprises for knowledge transfer and equipment investment but does not engage in donations or sponsorships. The firm also has an office in Nairobi, Kenya.
Made 2 investments in Ethiopia

Ethos Private Equity

Ethos Private Equity, founded in 1984 and based in Illovo, South Africa, is a prominent private equity firm that has played a pioneering role in the South African market. With a focus on long-term investments, Ethos targets medium-to-large businesses across various sectors, including financial services, healthcare, agriculture, food, manufacturing, mining, information technology, telecommunications, electronics, retail, logistics, construction, and transportation. The firm has successfully invested in over 100 companies, leveraging extensive local networks and international reach to achieve consistent outperformance relative to the stock market. Ethos is independently owned and managed, ensuring that the interests of its investment professionals are aligned with those of its stakeholders. The firm is actively investing from its sixth fund, which represents one of the largest pools of third-party capital in Africa.