PayTic specializes in streamlining payments issuers' card programs through dedicated back-office solutions. Its SaaS platform automates processes like customer support, chargebacks, fraud management, AML compliance, reporting, and reconciliation, regardless of the number of processors involved. This enhances proactivity, mitigates risks, reduces operational costs, and offers a competitive advantage.
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.
Lapaire Glasses
Venture Round in 2024
Lapaire Glasses manufactures and sells eyewear and provides eye-care services across Africa, offering prescription eyeglasses, sunglasses and fashion eyewear with lenses and tailored testing. Using technology, it provides free vision tests and affordable eyewear to lower- and middle-income populations through online orders, mobile clinics, free delivery and flexible payment options. The company serves customers in Kenya, Uganda, Ivory Coast, Burkina Faso and Mali, with East African and West African operations headquartered in Nairobi and Abidjan respectively. Founded in 2018 in Nairobi, Lapaire aims to improve access to eye health for millions of Africans who need eyeglasses but cannot afford them.
I&M Bank Rwanda
Private Equity Round in 2024
I&M Bank Rwanda is a commercial bank that offers loans, insurance, and trade finance services.
I&M Bank (T) Ltd. is a commercial bank based in Dar es Salaam, Tanzania, providing a range of banking services to both individuals and businesses. Established in 1974, the institution was originally known as CF Union Bank Limited before rebranding in September 2010. As a wholly owned subsidiary of I&M Holdings Limited, I&M Bank (T) Ltd. has developed a network of branches across Tanzania to serve its customers effectively. The bank focuses on delivering financial solutions tailored to the needs of its diverse clientele, contributing to the region's economic development.
Moove is a fintech company specializing in mobility finance. It provides revenue-based vehicle financing to mobility entrepreneurs across Africa, democratizing vehicle ownership. Moove embeds alternative credit-scoring technology onto ride-hailing, logistics, and delivery platforms, using proprietary performance analytics to underwrite loans.
Africa Healthcare Network
Debt Financing in 2023
Africa Healthcare Network (AHN) is a pioneering provider of dialysis services in Sub-Saharan Africa, establishing the first chain of dialysis centers in the region. The organization focuses on delivering high-quality, life-saving dialysis treatment at affordable prices, addressing the critical shortage of accessible care for patients suffering from Acute Kidney Injury (AKI) and End-Stage Renal Disease (ESRD). With a commitment to improving healthcare in a region faced with limited resources and a rising prevalence of Chronic Kidney Disease (CKD) due to urbanization and lifestyle diseases, AHN combines global technical expertise with practical operational experience. The organization aims to enhance the quality of care while reducing costs for patients by securing high-quality equipment, training healthcare professionals, and optimizing operational efficiency. Operating in Rwanda, Tanzania, and Kenya, AHN seeks to increase patient access to essential dialysis services, fostering better health outcomes and providing a sustainable business model.
Africa Healthcare Network
Venture Round in 2023
Africa Healthcare Network (AHN) is a pioneering provider of dialysis services in Sub-Saharan Africa, establishing the first chain of dialysis centers in the region. The organization focuses on delivering high-quality, life-saving dialysis treatment at affordable prices, addressing the critical shortage of accessible care for patients suffering from Acute Kidney Injury (AKI) and End-Stage Renal Disease (ESRD). With a commitment to improving healthcare in a region faced with limited resources and a rising prevalence of Chronic Kidney Disease (CKD) due to urbanization and lifestyle diseases, AHN combines global technical expertise with practical operational experience. The organization aims to enhance the quality of care while reducing costs for patients by securing high-quality equipment, training healthcare professionals, and optimizing operational efficiency. Operating in Rwanda, Tanzania, and Kenya, AHN seeks to increase patient access to essential dialysis services, fostering better health outcomes and providing a sustainable business model.
Mara Ison Technologies
Private Equity Round in 2023
Mara Ison Technologies is a pan-African IT services company headquartered in Nairobi, Kenya, with operations in 23 African countries, Dubai, and India. The company specializes in providing end-to-end IT services and solutions across various sectors, including telecommunications, banking, financial services, government, oil and gas, and hospitality. Its core offerings encompass consulting and systems integration, managed services, and strategic outsourcing. By leveraging its deep domain expertise and established methodologies, Mara Ison Technologies delivers comprehensive support to blue-chip companies, ensuring efficient IT service management and infrastructure solutions. With regional hubs in Nigeria, the Democratic Republic of Congo, and Kenya, the company is well-positioned to meet the diverse needs of its clients across the continent.
Fidelity Bank Ghana
Private Equity Round in 2022
Fidelity Bank Ghana offers a range of banking services including current and savings accounts, internet and mobile banking, executive banking, corporate finance, mortgage, trade financing, treasury management, and promotions. It also supports government electrification projects through financing independent power providers.
Turaco Inc., established in 2018 and headquartered in Wilmington, Delaware, is an insurance technology company specializing in providing affordable health and life insurance solutions to low-income individuals. It offers a range of products, including health loans and insurance, delivered through a user-friendly mobile application and online platform. Turaco's mission is to make healthcare financing accessible and affordable, enabling customers to manage risks and obtain necessary medical care at budget-friendly monthly premiums.
ArabyAds is a Dubai-based performance marketing company that provides influencer and affiliate marketing, media buying, and lead generation to strengthen e-commerce marketing in the Middle East and North Africa. Founded in 2013 with an office in Cairo, it operates a platform and services offering data-driven targeting, omnichannel campaign management, and real-time performance tracking to help merchants optimize advertising spend and reach the right audience across multiple channels. Its offerings cover market testing, online marketing, product display, customer acquisition, and sales promotion, enabling brands to improve campaign effectiveness in the regional market.
Bizao facilitates African companies in accepting diverse local payment methods through powerful APIs and smart financial flows. It simplifies processes for Mobile Money, Visa/Mastercard, and Airtime payments, serving various businesses including retailers, online merchants, digital content providers, money transfer operators, and microfinance institutions.
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.
GoMyCode is an educational platform that focuses on equipping students with essential digital skills through a blend of online and offline learning experiences. Founded in 2017 and headquartered in Tunis, Tunisia, the company has expanded its presence to Algeria, France, and Morocco. GoMyCode offers a range of training programs in areas such as artificial intelligence, web development, deep learning, DevOps, UX design, and digital marketing. By utilizing data-driven assessments and matching techniques, the platform not only enhances learners' skills but also connects them with global tech opportunities. Its innovative approach aims to empower individuals by providing them with the knowledge and competencies needed for the future workforce.
Amerigo Group
Private Equity Round in 2022
Amerigo Group specializes in facilitating international trade of automotive parts. It caters to manufacturers, distributors, and repairers globally, offering a comprehensive suite of services that includes global trade facilitation, logistics, digital platforms, and a extensive network of suppliers. This enables clients to source and trade automotive parts reliably and efficiently.
Moove
Debt Financing in 2022
Moove is a fintech company specializing in mobility finance. It provides revenue-based vehicle financing to mobility entrepreneurs across Africa, democratizing vehicle ownership. Moove embeds alternative credit-scoring technology onto ride-hailing, logistics, and delivery platforms, using proprietary performance analytics to underwrite loans.
Moove is a fintech company specializing in mobility finance. It provides revenue-based vehicle financing to mobility entrepreneurs across Africa, democratizing vehicle ownership. Moove embeds alternative credit-scoring technology onto ride-hailing, logistics, and delivery platforms, using proprietary performance analytics to underwrite loans.
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.
RFH Healthcare
Debt Financing in 2021
RFH Healthcare is a collection of healthcare solutions. They specialize in a wide array of medical fields. They provide services through pediatrics and child health, c-arm xray, laparoscopic tower, and a ct scan machine. They also provide outpatient services.
Groupe ISGA
Acquisition in 2021
Groupe ISGA is a private higher education group that offers engineering and management courses.
RAYNAL Assurances
Private Equity Round in 2021
RAYNAL Assurances operates as an insurance company. RAYNAL Assurances underwrites a large range of non-life insurance risks associated to automotive, health, accident, fire, transport, and other multi-risks, addressing a clientele composed of both corporate and retail customers.
Royal Exchange General Insurance Company
Private Equity Round in 2021
Established in 1825, Royal Exchange offers a comprehensive suite of insurance products, including motor (covering accidental damages, fire, theft, and third-party liabilities), engineering (protecting equipment and plants), oil and gas (safeguarding onshore and offshore assets), and general accident insurance.
PalmPay is a leading Africa‑focused fintech platform that offers a secure, user‑friendly mobile payment application. It provides reliable and affordable financial tools, enabling users across the continent to earn rewards, make payments, buy airtime, transfer money, and request funds quickly and without stress. The platform delivers top‑tier products directly into the pockets of everyday Nigerians, promoting economic empowerment and inclusive financial services.
Ragni Group
Venture Round in 2021
Ragni Group is a French manufacturer specializing in the design and production of public lighting equipment. The company offers high-quality LED, solar, and smart lighting solutions tailored to commercial customers.
Aerobotics
Series B in 2020
Aerobotics is a data analytics company specializing in providing insights for tree and fruit management through the use of drone imagery and artificial intelligence. The company's technology combines satellite and drone imagery with machine learning algorithms to offer actionable data to farmers. This includes tools for orchard management, identifying problem trees, managing pests and diseases, and optimizing yield. By enabling farmers to scan their farms and analyze captured information, Aerobotics helps reduce costs and increase agricultural productivity.
Turaco Inc., established in 2018 and headquartered in Wilmington, Delaware, is an insurance technology company specializing in providing affordable health and life insurance solutions to low-income individuals. It offers a range of products, including health loans and insurance, delivered through a user-friendly mobile application and online platform. Turaco's mission is to make healthcare financing accessible and affordable, enabling customers to manage risks and obtain necessary medical care at budget-friendly monthly premiums.
Le Wagon SAS is a coding bootcamp founded in 2013 and headquartered in Paris, France. The company provides intensive training programs designed to teach students how to develop web applications from scratch. Its curriculum covers essential skills in web development, object-oriented programming, programming languages, and data science. Le Wagon aims to equip students with the technical expertise and entrepreneurial mindset necessary for launching careers as software developers or starting their own ventures. Through hands-on training and pre-acceleration programs, the bootcamp empowers aspiring entrepreneurs to transform their ideas into viable prototypes, fostering innovation in the tech industry.
Land'or
Private Equity Round in 2020
Land'Or is an agrifood company specializing in the production of a diverse array of cheese products. Operating within the Dairy sector, the company caters to both the retail and foodservice markets, serving professionals, restaurants, and hotels. Land'Or's product offerings include triangular portions, square cheese, and grated cheese, reflecting its commitment to meet the needs of various culinary applications. The organization emphasizes collaboration and shared aspirations in its operations, which underpins its approach to business.
Migo is an embedded lending software that specializes in microfinance, credit, and loan services.
Heetch is a ride-sharing company based in Paris, France, founded in 2013. It operates a mobile application that connects users with drivers for late-night transportation, providing an alternative to traditional taxis. The platform also offers music streaming for users during their rides. Heetch is active in France, Belgium, and Morocco, facilitating thousands of daily rides. The company is backed by several investors, including Cathay Innovation, Total Ventures, and Felix Capital.
InstaDeep
Series A in 2019
Founded in London in 2015, InstaDeep develops AI-based decision-making systems for enterprises. Its platform offers advanced pattern recognition, GPU-accelerated insights, self-learning systems, machine learning, and predictive analytics to optimize decisions across manufacturing, logistics, mobility, and energy sectors.
Transsnet
Series A in 2019
Transsnet Music Entertainment Group is a company based in Beijing, China, specializing in the development of smart devices and mobile value-added services. It offers a suite of online services tailored for African users, including Boomplay, a music and video streaming platform, and Vskit, a short video application. Additionally, Transsnet develops PalmPay, an online payment system, Palmsave, an internet investment financial platform, and Palmstore, a mobile application distribution platform. By integrating advanced technology with insights into local markets, Transsnet aims to enhance the digital experience for its users in Africa.
Mathevon
Private Equity Round in 2019
Mathevon is a French manufacturer of high-pressure sealing parts, gate valve internals, and connectors for the oil and gas industry. It produces components from stainless steels, including duplex and stellite materials, designed to operate in extreme, corrosive environments and offers preventive treatment on mechanical parts. The company serves clients worldwide through an international network of partners and is headquartered in Saint Etienne, France, with additional locations in Portugal, Tunisia, and Malaysia.
Prime Bank
Private Equity Round in 2019
Prime Bank Limited is a financial institution based in Nairobi, Kenya, incorporated in 1992. The bank offers a range of banking products and services, including online banking and various financial services tailored to meet the needs of its customers. With a commitment to providing accessible and efficient banking solutions, Prime Bank serves both individual and corporate clients, focusing on enhancing the overall banking experience through innovative offerings.
Les Centaures Routiers
Venture Round in 2018
Founded in 1953, Les Centaures Routiers is a leading transportation company based in Abidjan, Ivory Coast. It offers trucking services for various goods including hydrocarbons and hazardous materials, along with warehousing, freight forwarding, and bonded warehousing solutions.
Ison Xperiences
Debt Financing in 2018
Ison Xperiences is a leading provider of customer engagement and experience management services. With a significant presence across Africa and India, the company serves over 100 million customers for clients in telecom, public sector, retail, and aviation sectors. They employ approximately 6,000 people, offering outsourced voice and CRM process solutions to enhance customer satisfaction and drive revenue.
Marietton Development
Private Equity Round in 2018
Marietton Development specializes in travel and tourism services such as tour operators, events and business trips.
KaiOS Technologies
Series A in 2018
KaiOS Technologies is a San Diego-based developer of the KaiOS operating system, which enables smartphone-like features on low-memory feature phones and IoT devices. Founded in 2014, it supports an ecosystem of affordable devices by delivering an HTML5-based app store and partnerships with major developers to provide social media and streaming services in both developed and emerging markets. The operating system supports 4G/LTE, Wi-Fi, GPS, and NFC and runs on chipsets from major manufacturers, while its light version can operate with as little as 256 MB of RAM, helping partners offer low-cost devices. The company maintains its headquarters in the United States and has international operations to expand access to mobile services.
CFG Bank
Private Equity Round in 2018
CFG Bank is a financial services company that operates primarily in investment banking, focusing on four main business lines: corporate finance, stock market activities, asset management for third parties, and investment capital. The bank emphasizes a strong value system centered on the quality of its workforce, fostering a customer-centric culture, promoting innovation, and demonstrating a commitment to excellence. Through these principles, CFG Bank aims to provide comprehensive financial solutions while maintaining high standards of service and performance.
Promamec
Venture Round in 2018
Promamec SARL, established in 1981 and headquartered in Casablanca, Morocco, specializes in the manufacture and distribution of medical and paramedical equipment. The company offers a diverse range of products, including customized medical devices designed for both public and private healthcare sectors. Promamec focuses on creating prototypes and assembling medical equipment in small to medium production runs, allowing clients to meet specific needs for downstream medical devices and upstream storable consumables. Through its comprehensive offerings, Promamec plays a vital role in enhancing healthcare delivery by providing tailored solutions for medical professionals.
Buzzkito Network is a company specializing in short content video production and distribution, founded in 2006 and headquartered in Dubai, United Arab Emirates, with additional offices in Casablanca, Morocco, and Jeddah, Saudi Arabia. The company is notable for being the first brand tech firm in the MENA region, leveraging technology and data-driven psychological insights to enhance brand building for clients. Additionally, Buzzkito operates coworking spaces that offer flexible work environments, including shared workspaces, private offices, and event halls at affordable prices.
Britam Holdings
Post in 2017
Britam Holdings operates as a diversified financial services group in Eastern and Southern Africa. It offers life, health, general insurance, pensions, asset management, banking, property development, and private equity services to both individual and corporate clients.
International Community School
Venture Round in 2017
Established in 2000, International Community School (ICS-K) is a private, co-educational institution offering inclusive, international-standard education for students aged preschool through high school. With over 1000 students from more than 30 nationalities, ICS-K fosters cultural diversity on its expansive, well-equipped 20-acre campus.
Azalaï Hotels
Venture Round in 2017
Azalaï Hotels Group is the first hotel chain in West Africa and a regional leader in the hospitality sector, boasting over 20 years of experience. Headquartered in Mali, the group has established a strong presence with hotels in key cities including Bamako, Ouagadougou, Cotonou, Bissau, Nouakchott, and Abidjan. Azalaï Hotels focuses on enhancing customer satisfaction through continuous improvements in service quality, which includes meticulous renovations of its properties and effective management of its growing portfolio. The chain is recognized for its warm hospitality and high-quality service, which are delivered by a dedicated workforce that generates over 4,000 direct and indirect jobs across the region. Azalaï Hotels offers modern, fully equipped accommodations and a range of luxury services to ensure guest comfort and safety.
Vneuron
Private Equity Round in 2017
Vneuron is a software development company based in Tunis, Tunisia, established in 2007. It specializes in creating innovative solutions for enterprise content management (ECM), business process management (BPM), operational risk management, and enterprise resource planning (ERP). Vneuron's flagship product, Reis™ RCS, offers comprehensive anti-money laundering (AML) technologies, streamlining compliance for financial institutions. This solution simplifies the complex requirements of AML compliance, enabling organizations to monitor and filter significant transaction volumes effectively. Reis™ RCS incorporates key features such as automated customer onboarding, risk scoring, and real-time transaction screening, facilitating integration with various information systems, including legacy infrastructures. Vneuron's technology has screened millions of customers and is designed to address both regional and international regulatory demands, making it a valuable resource for financial institutions seeking a modern and customizable AML solution.
Somalev
Venture Round in 2017
Somalev is a transportation company that specializes in providing cranes and logistics services. It offers a diverse range of heavy lifting and handling equipment, as well as construction machinery rental. Additionally, Somalev delivers industrial transfer, logistics, and storage services tailored to meet the specific needs of its clients across various sectors. By enabling clients to rent specialized machines, the company supports a wide array of construction and public works projects, ensuring efficient and effective operations in the transportation and logistics domain.
MAS manufactures and installs window, door, and facade systems made from aluminium.
Outsourcia
Venture Round in 2016
Outsourcia is a multinational outsourcing and customer relationship management provider active in France and Morocco. The group delivers IT outsourcing, business process outsourcing, customer services, and digital back‑office support, with multilingual and multichannel capabilities and social media integration. It employs about 700 people, including around 200 in France, and serves a broad client base including Carrefour, PSA, Coface, Thomson, and others. The company expanded in 2011 by acquiring As-com to strengthen its French market presence and established its onshore Evreux site, while building a social media division through the Alias Community acquisition. Based in Casablanca, Morocco, Outsourcia operates across locations to provide multilingual support and digital services to clients. The group has pursued certifications and CSR recognition in France and Morocco, reflecting its commitment to service standards and social responsibility.
Silafrica
Venture Round in 2016
Silafrica Plastics and Packaging International Limited is a manufacturer and supplier of plastic and packaging solutions based in Nairobi, Kenya. Established in 1963, the company produces a diverse range of products, including containers, rigid consumer packaging, water tanks, beverage crates, and pallets. Silafrica caters to various sectors, such as food and beverage, cosmetics, healthcare, chemicals, and construction. By focusing on innovation in product design and investing in advanced manufacturing technology, Silafrica aims to provide effective plastic solutions that address real-world challenges faced by its customers.
Crédit Communautaire d’Afrique
Venture Round in 2016
CCA is the largest microfinance institution in Cameroon. The company collects deposits and provides loans to its 420,000 clients representing micro-small-medium enterprises and entrepreneurs (MSMEs) and salaried people. It has a retail network of 42 branches covering the whole country which makes it the larger financial institution in Cameroon in terms of the number of branches and geographic coverage. Further to the AfricInvest investment, the company is being transformed into a universal bank.
One Tech Group
Venture Round in 2016
One Tech Group, established in 1978 and headquartered in Tunis, Tunisia, specializes in manufacturing and providing technological solutions across three primary areas. The company produces cabling for the energy, telecommunications, and automotive sectors, alongside mechatronics, which includes the manufacturing of printed circuit boards, electrical and mechanical assemblies, connectors, and wiring. Additionally, One Tech Group is involved in plastic injection and the distribution and implementation of information and communication technology services. This diverse portfolio enables the company to serve a wide range of industries while leveraging its technological expertise.
Salvador Caetano Auto Africa
Private Equity Round in 2015
Salvador Caetano Auto Africa is in the automotive industry. They are retailers and manufacturers of automobiles and their components. They offer mobility, industrial equipment and workshops, automotive assembly and production, services, buses caetanobus, and aeronautics caetano aeronautic.
Platinum Power
Private Equity Round in 2015
Platinum Power is an independent energy operator dedicated to the development and management of renewable energy projects in Africa, particularly in Morocco and Sub-Saharan regions. The company has established a diversified portfolio that includes hydroelectricity, wind, and solar power technologies. Platinum Power focuses on producing energy and selling it directly to off-takers through various voltage levels, including very high voltage and high voltage, with plans to expand into medium voltage in the near future. The company's commitment to renewable energy underscores its role in contributing to sustainable development in the region.
Elephant Group
Private Equity Round in 2015
Elephant Group Limited is a prominent producer and distributor of agro commodities based in Lagos, Nigeria, with additional offices in Cameroon, Niger, and Senegal. Founded in 1994, the company specializes in the production, processing, import, export, marketing, and distribution of a wide range of agricultural products, including rice, wheat flour, and semolina. It also manufactures, imports, and distributes fertilizers such as urea and NPK to various government bodies, private sector operators, and farmers. In addition, Elephant Group processes and trades cash crops like cashew nuts, cocoa, and sesame seeds, and is involved in the oil and gas sector. The company is recognized as one of the leading importers of agro-commodities in Nigeria, holding significant market shares in rice and fertilizer distribution.
Gourmandia
Venture Round in 2015
Gourmandia.com promotes healthy exquisite recipes: vegetarian, vegan, lactose free, high fiber, organic food, soul food, low carb.
EFC Uganda
Venture Round in 2015
Entrepreneurs Financial Centre (EFC) Uganda is a microfinance institution established in June 2012, focused on fostering local wealth development. The company provides specialized microloans at competitive interest rates to micro and small enterprises (MSEs), aiming to support their growth and economic contribution. In addition to loans, EFC Uganda offers a range of savings products, including regular, premium, and term deposit accounts, which enable clients to enhance their financial stability and engage in increased economic activity. Through its services, EFC Uganda seeks to empower entrepreneurs and contribute to the overall economic development of the region.
Bridge Group West Africa
Private Equity Round in 2014
Bridge Group West Africa is a financial holding company.
Bridge Bank Group
Venture Round in 2014
Bridge Group West Africa is a holding company which has a majority equity share in Bride Bank Cote d'Ivoire, an Ivorian universal bank and a minority significant equity stake in a bank in Senegal.
Broron Oil & Gas
Venture Round in 2014
Broron Oil & Gas Limited is an indigenous offshore services company based in Lagos, Nigeria, that specializes in providing a wide range of subsea services to the oil and gas industry. Founded in 2002 and commencing operations in 2007, the company serves international oil companies, as well as independent and indigenous upstream businesses in Nigeria and the Gulf of Guinea. Its offerings include subsea construction and commissioning, diving services, remotely operated vehicle (ROV) operations, offshore installation, and maintenance services. Additionally, Broron Oil & Gas provides logistics, procurement support, project management, and various subsea engineering solutions, enabling oil and gas companies to access cost-effective services tailored to meet contemporary operational challenges.
Maille Club
Venture Round in 2013
Maille Club is a textile manufacturer established in 1976, specializing in knit clothing. Based in Tunisia, the company designs, embroiders, cuts, and tailors garments to serve a diverse clientele across Tunisia and Algeria. It offers a range of products, including both mass market and luxury apparel, distributed through its network of mono and multi-brand retail shops. Maille Club is committed to providing high-quality industrial textiles and clothing, catering to various consumer needs in the region.
Servicom
Private Equity Round in 2013
Servicom S.A. is a Tunisia-based company that specializes in infrastructure-related services and operates in several key sectors, including telecommunications, construction, air conditioning, heating, and elevator distribution. Founded in 2003 and headquartered in Ariana, Tunisia, the company engages in both private and public construction projects, focusing on water management, energy, and environmental construction. In addition to construction services, Servicom provides a range of telecommunications products, including smartphones and tablets for both business and consumer markets. The company also offers heating and air conditioning equipment, along with comprehensive after-sales services. Its elevator division is dedicated to the marketing, installation, and maintenance of various types of lifts, escalators, and freight elevators, ensuring optimal customer support and efficient operation of its products.
San José López Group
Private Equity Round in 2013
Founded in Spain over six decades ago, San José López Group specializes in international road freight transport. With a strong presence in Morocco since the 1980s, the group offers comprehensive logistics solutions, including commissioning, freight forwarding, and transportation services. It is renowned for its expertise in automotive sector logistics, serving major global players.
NMB Bank
Venture Round in 2013
NMB Bank Limited, established in Zimbabwe since 1992, operates as a subsidiary of NMBZ Holdings Limited. It offers a comprehensive range of banking products and services to both corporate and individual clients across ten major cities in the country. The bank's operations span five segments: Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking. Services include current and savings accounts, debit and credit cards, loans, overdrafts, Internet banking, ATM services, bridging finance, acceptance of credits, letters of credit, documentary letters of credit, international payments, offshore finance, foreign currency exchange, treasury services such as daily market watch and fixed deposits, promissory notes, money markets, banker’s acceptances, and advisory services on empowerment transactions, capital raising, structured finance, corporate restructuring, investments, and business conditions.
Amimer Energie Group
Venture Round in 2013
Amimer Energie Group is a leading Algerian energy equipment company that designs, manufactures, and installs industrial power generators and transformers for power generation plants, including micro and mini power stations powered by natural gas and fuel. It provides end-to-end services across the product lifecycle from needs assessment to solution implementation and adheres to environmental policies. Founded in 1989 and based in Seddouk, it operates across Algeria with a footprint in the MENA region and employs more than 700 people.
Tejra
Venture Round in 2012
Established in 2012 in Tunisia, Tejra specializes in the production and distribution of terracotta construction materials, particularly hollow clay bricks and ceramic products. Recognized as a leading manufacturer of bricks in Tunisia, Tejra has built a reputation for the quality, originality, and innovation of its products. The company leverages its expertise in terracotta and the abundant resources of its quarries to enhance its production processes and ensure high-quality output. Quality control is paramount at Tejra, with rigorous testing and adherence to industry standards at every stage of production, from raw material selection to final packaging and delivery. By providing a diverse range of bricks in various sizes, colors, and finishes, Tejra aims to meet the needs of builders and contribute effectively to the construction industry.
UAP Group
Venture Round in 2012
UAP Group is a pan-African financial services group with interests in insurance, investment management, property development and investments, securities brokerage and financial advisory. The history of the Group can be traced back by over 90 years while recent expansion and growth in the East African market have made UAP one of the key players in the financial services sector in the region. Currently, the group has businesses operating in Kenya, Uganda, South Sudan, Rwanda, DRC and Tanzania.
AHL Venture Partners
Venture Round in 2012
Founded in 2007, AHL Venture Partners is a venture capital firm specializing in growth capital investments. It focuses on sectors such as energy access, financial inclusion, agriculture, and climate across Eastern and Southern Africa, with offices in Vancouver, Nairobi, Lusaka, and Accra.
Polymères SA
Venture Round in 2011
POLYMERES SA is an industrial unit for the extrusion of plastic raw materials for injection, mainly for the electrical, electronic and automotive sectors. It is the only producer of plastic granulates in Tunisia and one of the pioneers of this activity in the Maghreb. POLYMERES SA is in the process of successfully transferring a technology to Africa, long considered the preserve of the West. Its technical team of engineers and senior technicians has been trained for months at a German partner; One of the biggest European compounders.
The company POLYMERES SA aims to become a major player in the plastics industry in the Maghreb, offering a product of quality equal to that of the European product, at a lower cost and a proximity to the Maghreb plastrers and European operators who settle in the Maghreb . It capitalizes on the emergence of Tunisia as an important subcontracting platform for OEMs of injected or extruded products.
AfricInvest
Venture Round in 2011
Founded in 1994, AfricInvest is a Tunisia-based private equity firm with dedicated teams focused on North Africa and Sub-Saharan Africa. It manages USD1 billion across multiple funds, supported by local and international investors. The firm has invested in over 135 companies across 25 African countries, spanning high-growth sectors such as financial services, agribusiness, consumer/retail, education, and healthcare.
Family Bank
Private Equity Round in 2010
Family Bank is a commercial bank established in Kenya in May 2007 and regulated by the Central Bank of Kenya. With a customer base exceeding 1.7 million, the bank operates a network of 93 branches across the country. It specializes in providing financial services to underserved segments of the market, including small-scale farmers, salaried employees, micro, small, and medium-sized enterprises, as well as youth and women. Additionally, Family Bank seeks to attract large corporate clients to bolster its deposit base. Notably, it was the first bank in Kenya to implement paperless banking through smart card technology, showcasing its commitment to innovation in the financial sector.
Regge Hout
Private Equity Round in 2009
Regge Hout B.V., based in Goor, the Netherlands, specializes in the production and supply of a wide range of wood products for civil engineering, road construction, and hydraulic engineering projects. Founded in 2008, the company offers an extensive portfolio that includes sleepers, mooring posts, anti-parking bollards, sheet piles, decking materials, foundation piles, wooden poles, planks, beams, and more. These products are utilized in various applications, such as constructing bridges, sound walls, scaffolding, and dragline bulkheads. Regge Hout serves a diverse clientele across the Netherlands, Germany, Belgium, the United Kingdom, Denmark, Spain, and Italy, emphasizing sustainable hardwoods and professional transportation methods in their operations. The company was previously known as Reef Hout B.V. before rebranding in October 2012.
LaGray Chemical
Venture Round in 2009
LaGray Chemical Company Ltd. is a pharmaceutical manufacturing firm based in Nsawam, Ghana, established in 2000. The company specializes in the development, manufacture, and marketing of both branded and generic pharmaceutical products, focusing on active pharmaceutical ingredients and finished dosage forms. Its product portfolio includes a wide range of medications, such as dermatologicals, oral antiinfectives, antibiotics, pain relievers, and treatments for infectious diseases, including vaginal creams and medications for cold sores and genital herpes. LaGray Chemical aims to provide essential medicines at affordable prices, thereby enhancing access to vital healthcare solutions in West Africa.
General Emballage
Venture Round in 2009
General Emballage is a leading manufacturer and supplier of corrugated cardboard based in Bejaia, Algeria. Established in 2002, the company has experienced significant growth and now operates three production facilities located in Akbou, Setif, and Oran, employing approximately 1,000 individuals. General Emballage specializes in producing a variety of cardboard products, including double-layered and double-double-layered cardboard, as well as containers designed for diverse industries such as dairy, food, fruits and vegetables. Additionally, the company provides corrugated paper sheets suited for sectors including food processing, pharmaceuticals, cosmetics, household appliances, and electronics.
Maghreb Leasing Algérie
Venture Round in 2008
MLA is the first independent leasing company created in Algeria in December 2006. It employs about 70 people and is the market leader in terms of annual financing. The company has five branches and is planning to start new businesses such as factoring and fleet management.
Snax
Venture Round in 2008
Snax, a producer of salty snacks, is the unchallenged leader in the Algerian market with over 50% market share. The company has also developed production and distribution of sweet snacks mainly muffins and sorbet sticks.
Omniacom
Venture Round in 2008
Omniacom SA is a telecommunications solutions provider based in Ariana, Tunisia, serving operators and service providers across Africa and the Middle East. Founded in 1999, the company specializes in a range of telecom solutions, including mobile gateways, modems, mobile routers, and wireless access networks such as microwave and hotspot WiFi. In addition to its core offerings, Omniacom provides essential infrastructure, civil engineering, installation and integration services, as well as radio network optimization and ongoing maintenance support. The company is expanding its service portfolio to include IT, web solutions, and multimedia services, backed by a team of highly qualified engineers with extensive industry experience. This diversification aims to enhance its ability to meet customer needs and adapt to evolving market demands.
Sicopa
Acquisition in 2008
Sicopa, established in 1985 and based in Fez, Morocco, is a producer of packaged food products specializing in olives, sun-dried tomatoes, capers, cherry peppers, and roasted vegetables. The company has earned certifications in International Food Standards and British Retail Consortium, ensuring high quality and safety in its offerings. Through its diversified product range, Sicopa maintains a significant presence in the distribution market and has garnered approval from various American food companies, including Subway, after undergoing rigorous audits.
Saiss Lait
Venture Round in 2007
Saiss Lait is specialises in the production of sterilized milk and other dairy products and is based in Morocco.
icosnet
Venture Round in 2007
Icosnet SpA, founded in 1999 and based in Cheraga, Algeria, is an internet service provider (ISP) and Voice over Internet Protocol (VoIP) operator. The company specializes in providing internet access and telecommunications solutions, focusing on voice and data convergence for small to medium-sized enterprises (SMEs) and large multinational corporations operating in Algeria. Icosnet's multidisciplinary team has established strong relationships within the telecommunications sector both locally and internationally. The company holds ISP, VoIP, and Wimax licenses, enabling it to offer reliable and economically advantageous connection and communication solutions. Icosnet routes its internet connectivity from London, enhancing network reliability. The company aims to expand its presence nationwide while maintaining a focus on quality service, customer satisfaction, technological innovation, and strategic growth.
Altea Packaging
Venture Round in 2007
Altea Packaging Group is a prominent flexible packaging converter operating in the MENA region. Founded in 2006 and based in Tunis, Tunisia, the company specializes in the processing, converting, and printing of a wide range of flexible packaging products. Its offerings include lids, films, cold seals, stand-up pouches, labels, and various specialized films, catering to diverse markets such as dairy, confectionery, detergents, pet food, and beverages. With nearly 700 employees across five production facilities in Egypt, Tunisia, and Algeria, Altea Packaging combines regional expertise with high-quality service, positioning itself as a reliable supplier for multinational companies seeking innovative packaging solutions tailored to their specific needs. The company was formerly known as Intaj Packaging Limited before rebranding in December 2007.
Cotugrain
Venture Round in 2007
Cotugrain S.a.r.l. is a Tunisian company specializing in the production and marketing of various types of seeds, including vegetable, forage, legumes, cereals, industrial, and open pollinated seeds. Established in 1985 and based in Tunis, the company also provides a wide range of agricultural products and services. These include fertilizers, pesticides, no-till and system machinery, as well as other agricultural materials. Furthermore, Cotugrain offers lawn fertilizers, substrates and peat moss, flower seeds and bulbs, along with agro-diagnostics and laboratory equipment, catering to the diverse needs of the agricultural sector in Tunisia.
Traveltodo
Venture Round in 2006
Traveltodo is the first fully online travel agency in Tunisia, dedicated to meeting the travel needs of Tunisians. Its e-commerce platform features a wide array of offerings from approximately 800 local tourism providers, including hotels, restaurants, car rental agencies, and thalassotherapy centers. In addition to local services, Traveltodo also provides access to options in Morocco and other global destinations. The agency facilitates seamless online booking and payment for flights and offers automated management tools for business travel budgets. Operating under the public brand of Splendid Tour, which is approved by the National Tourist Board, Traveltodo aims to enhance the travel experience for its customers through a comprehensive digital platform.
AXA Mansard Insurance
Venture Round in 2006
AXA Mansard Insurance PLC is a prominent insurance and asset management company based in Nigeria, incorporated in 1989 and registered as a composite company with the National Insurance Commission of Nigeria. As a member of the AXA Group, the global leader in insurance and asset management, AXA Mansard offers a diverse range of life and non-life insurance products and services to both individuals and institutions. Additionally, the company provides asset management services, medical insurance solutions, and pension fund administration through its subsidiaries, which include AXA Mansard Investments Limited, AXA Mansard Health Limited, and AXA Mansard Pensions Limited. Over the years, AXA Mansard has experienced substantial growth, advancing from a low market position in 2003 to becoming one of the top four insurance companies in Nigeria by 2016. The company is recognized for its financial strength with a B+ rating from A.M. Best and is ISO 9001:2008 compliant, reflecting its commitment to quality management.
Hydrolsol Fondations
Venture Round in 2006
Hydrolsol Fondations is a company specialized in geological surveys and specialized foundations. The main clients of the company are international firms that have won large infrastructure contracts in Tunisia and North Africa. It also provides services for the infrastructures and agriculture ministries, as well as for consulting firms.
Siprof
Venture Round in 2005
Siprof is a prominent manufacturer of friction products located in Morocco, specializing in the automotive sector. With over 30 years of experience, the company produces a range of components for both light and heavy-duty vehicles, including disc brake pads, heavy-duty drum brake pads, drum brake linings, and jaw kits. Siprof's extensive expertise in the industry positions it as a key player in providing reliable and high-quality products for automotive applications.
Finapack
Venture Round in 2005
Finapack operates as a manufacturer of cardboard packaging.
Nouvelair
Venture Round in 2001
Nouvelair is a prominent airline charter company in Africa, primarily providing flights to European destinations. With an average fleet of 15 aircraft, the company has recently expanded its operations to Egypt through the acquisition of Coral Blue, a charter airline. Nouvelair serves as a travel partner, facilitating trips for tourists, business travelers, students, and families between Europe and Tunisia. The company is recognized for its commitment to safety and operational excellence, holding the highest certification in these areas. Additionally, Nouvelair has diversified its services by offering aircraft assistance, maintenance, and training through dedicated affiliates, further enhancing its operational capabilities and customer service.
Cogitel
Acquisition in 1998
Cogitel is a manufacturer of flexible packaging in North Africa. It offers printing and light packaging services using materials that inlcude olefin, polyester, paper, and aluminum.
The company’s services help in preservation of a wide range of products such as pasta, couscous, rice, cookies, chocolate, milk products, ice cream, yogurt, and detergents.