Oze is a technology company focused on bringing small and medium-sized enterprises (SMEs) in Africa into the digital age. It offers an application that allows businesses to easily track sales, expenses, and customer information. By analyzing this data, Oze provides tailored recommendations and business education to help entrepreneurs improve their operations. The platform also connects users with Oze Coaches for additional support, enhancing their learning experience. With over 150,000 registered users, Oze claims to be the largest online community of SMEs in West Africa. The company leverages machine learning to assess credit risk, enabling it to offer affordable capital through banking partners. Notably, 97% of businesses that have utilized Oze for at least nine months report growth or profitability, indicating the effectiveness of its services in fostering business success.
Lapaire
Venture Round in 2024
Lapaire Glasses Kenya Ltd. is a manufacturer and retailer of eyewear products, including prescription glasses and sunglasses, aimed at making eye care accessible and affordable for the lower and middle-income populations in Africa. Founded in 2018 and headquartered in Nairobi, Kenya, the company utilizes innovative technology to provide free vision tests and a range of eyewear options to the estimated 550 million Africans in need of corrective lenses. Lapaire operates an online shop and offers accommodating services such as 24/7 online chat, mobile clinics for free vision testing, free delivery, and flexible payment plans. In addition to its operations in Kenya, Lapaire serves customers in Uganda, Ivory Coast, Burkina Faso, and Mali, with a commitment to improving eye health and vision across the continent.
Fidelity Bank Ghana
Private Equity Round in 2022
Fidelity Bank Ghana Limited is a commercial bank based in Accra, Ghana, established in 2006. It offers a range of banking products and services, including current and savings accounts, time deposits, internet banking, SMS banking, and money transfer services. The bank caters to various clients through executive and private banking, corporate finance, retail banking, mortgage, trade, wholesale banking, and treasury services. Additionally, Fidelity Bank Ghana supports government objectives in electrification and power generation by financing independent power providers and facilitates importation of refined crude oil. It also provides advisory services, issues securities, raises capital, and manages portfolio investments for clients through its subsidiaries. The bank is committed to meeting the financial needs of low-income customers, small-scale entrepreneurs, and rural communities.
Oze is a technology company focused on bringing small and medium-sized enterprises (SMEs) in Africa into the digital age. It offers an application that allows businesses to easily track sales, expenses, and customer information. By analyzing this data, Oze provides tailored recommendations and business education to help entrepreneurs improve their operations. The platform also connects users with Oze Coaches for additional support, enhancing their learning experience. With over 150,000 registered users, Oze claims to be the largest online community of SMEs in West Africa. The company leverages machine learning to assess credit risk, enabling it to offer affordable capital through banking partners. Notably, 97% of businesses that have utilized Oze for at least nine months report growth or profitability, indicating the effectiveness of its services in fostering business success.
PalmPay is a prominent fintech platform dedicated to fostering economic empowerment in Africa. It offers a secure, user-friendly suite of financial services tailored for everyday Nigerians, providing access to top-tier financial products. The company's mobile payment application enables users to earn rewards, make payments, buy airtime, transfer funds, and request money, facilitating quick and stress-free financial transactions across the continent.
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.
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.
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.
AHL Venture Partners
Venture Round in 2012
AHL Venture Partners is a venture capital firm specializing in growth capital. It invests in energy access, financial inclusion, agriculture, and other impact sectors, primarily in Eastern and Southern Africa, with a focus on Kenya, Zambia, Ghana, and frontier markets. The firm is headquartered in Vancouver, Canada, with additional offices in Nairobi, Lusaka, and Accra. Known for quick decision-making, AHL provides ongoing business support and invests in subsequent funding rounds, with a deep understanding of local business environments.
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.
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.