EDFI Management Company

EDFI Management Company (EDFI MC) is a multilaterally owned impact asset manager which delivers innovative development finance solutions that enable European DFIs, development banks and private sector investors to increase the scale and impact of their work. The company focuses on business models, technologies and geographies where other investors have not been able to operate at the desired scale given their resources and investment criteria. To learn more visit www.edfimc.eu.

Quentin De Hoe

Fund Manager ElectriFI

Past deals in East Africa

SupaMoto

Venture Round in 2025
Supamoto is a social enterprise that aims to provide clean energy solutions. The company's main product is the Supamoto cookstove, a pellet gasifier stove designed for field testing in multiple African locations. This stove is part of the company's commitment to renewable home energy. Supamoto also offers opportunities for individuals to invest in Zambia's renewable energy sector, further promoting the use of clean energy. The company has a significant impact on the renewable energy industry, as evidenced by its various campaigns and initiatives.

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.

Good Nature Agro

Debt Financing in 2023
Good Nature Agro is a social enterprise based in Chipata, Zambia, focused on empowering small-scale farmers to enhance their productivity and income. Formed in 2014, the company organizes groups of farmers who nominate a Private Extension Agent (PEA) from within their ranks. These PEAs undergo rigorous training to become community leaders and provide ongoing support and personalized recommendations to fellow farmers throughout the growing season. By promoting improved farming practices, Good Nature Agro supplies high-quality legume seeds and offers loans for additional inputs, helping farmers transition from traditional crops to more lucrative options. The company also guarantees a market for the certified legume seeds harvested by the farmers, effectively enabling them to significantly increase their income and achieve lasting financial stability.

Solar Panda

Series A in 2022
Solar Panda is a Canadian company that provides Pay-As-You-Go solar home systems, aimed at delivering clean and affordable solar energy to rural communities in Kenya that lack access to electricity. The company designs, manufactures, and sells a range of solar products, including home solar kits, solar televisions, lamps, mobile phone chargers, radios, and portable lanterns. By allowing customers to finance these products, Solar Panda enhances affordability and significantly improves the quality of life for families, reducing reliance on harmful kerosene lanterns and lowering energy costs. Since its first sale in December 2017, Solar Panda has rapidly expanded, powering hundreds of thousands of homes and achieving remarkable growth within the industry. The company is committed to the belief that access to electricity is a fundamental right and aims to lead the charge in the solar energy revolution by reaching as many off-grid customers as possible.
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