Ascent Capital Africa
Ascent Capital Africa Limited is a private equity and venture capital firm founded in 2012, with a focus on investing in small and medium-sized enterprises across East Africa, particularly in Kenya, Uganda, Tanzania, Rwanda, Burundi, and Ethiopia. The firm specializes in various sectors, including agribusiness, consumer goods, financial services, healthcare, information and communications technology, energy, and manufacturing. Ascent Capital typically invests between $2 million and $15 million, with an average investment of $4 million to $5 million, targeting companies with revenues between $2 million and $10 million. It often takes a controlling stake or a significant minority share in its portfolio companies. The firm generally aims for a long-term investment horizon of around 10 years, preferring to exit through public listings or sales to other private equity funds and investors. Headquartered in Mauritius, Ascent has additional offices in Nairobi, Addis Ababa, and Kampala.
African Queen Ltd is a privately owned company based in Mukono, Uganda, that has been operating since 2001. The company specializes in the importation, distribution, and marketing of fast-moving consumer goods (FMCG). Its product range includes personal care items, hair care products, stationery, home care solutions, and food and beverages. African Queen Ltd is committed to providing high-quality products to its customers across Uganda.
Chims was founded in 2003 as MTN franchise, and when mobile money was introduced in Uganda in 2009 Chims was one of the first companies that became active in this segment. The company now operates as an independent agent to the largest mobile money network in Uganda (MTN) and targets to further grow the number of agents in Uganda over the next years. Chims has second to none operational float management capabilities to execute more and higher volume cash-in and cash-out than other mobile money agents; many competitors don’t have sufficient working capital available to serve customers. CHIMS has many Mobile money outlets which are open 24/7 from Monday to Sunday. We have outlets in a number of places for example; Nateete, Kajjansi, Makindye, Ntinda, Bugolobi, Airport, Entebbe and Upcountry; Busia, Lira, Soroti, Kabale, Ntungamo, Mbarara, Gulu, among others. We make sure that float and other MTN services are available for our customers whenever they are needed. Find our head office at Block 18, Plot 764 Batuma House, Nalukolongo – Nateete, Masaka Road.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.