European Investment Bank

Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Bank of Kigali is a commercial banking institution established in December 1966 and headquartered in Kigali, Rwanda. The bank offers a wide range of financial services, including loans, accounting, asset finance, foreign exchange, and trade services. It serves both individuals and businesses across various sectors, including information technology and business products. The bank is committed to creating value for its stakeholders and aims to be a leading provider of innovative financial solutions in the region. In addition to focusing on customer service, Bank of Kigali invests in its employees, providing them with meaningful rewards to encourage their contributions to the company and the community.

LeapFrog Investments, established in 2007, is a London-based private equity firm that focuses on growth-stage investments in the financial services and healthcare sectors. It primarily targets emerging markets, including Africa and Asia, with a particular emphasis on countries like Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm invests in businesses that provide essential financial and healthcare products and services, such as insurance, pensions, savings, credit, mobile payments, and medical products distribution. LeapFrog typically invests between $10 million and $50 million, aiming for both minority and majority stakes, and expects to exit its investments within four to seven years through IPOs, trade sales, or secondary sales.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

The Co-operative Bank of Kenya Limited, established in 1965, is a banking institution incorporated under the Companies Act in Kenya. Originally registered under the Co-operative Societies Act, it transitioned to its current structure in 2008 to align with requirements for listing on the Nairobi Securities Exchange. The bank offers a wide range of financial services, including corporate and retail banking, investment, and asset management. It operates through three primary segments: Retail Banking, which serves individual customers with loans, deposits, and related services; Wholesale Banking, catering to corporate and institutional clients; and Group Functions, which encompasses support departments such as ICT and Finance. The majority of the bank's revenue is derived from its Retail Banking operations, highlighting its significant role in providing financial services to the Kenyan population.

Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Software Group is a global technology company that specializes in digital banking and integration solutions for the financial sector. With nine main offices located in countries such as Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines, and the USA, the company serves a diverse international client base. It employs a team of experienced professionals known for managing complex financial development projects. Software Group focuses on providing delivery channels and integration tools tailored to various financial institutions, including microfinance institutions, savings groups, credit unions, banks, telecom operators, and fintech companies. The company is committed to delivering high-quality, transparent, and affordable products and services that facilitate digital transformation, enhance outreach, and improve operational efficiency for its clients.

Telkom Kenya, established in April 1999, is a telecommunications operator offering a comprehensive range of integrated communication solutions in Kenya. The company provides voice and data services, including broadband, messaging, and various other communication connections, catering to individuals, small and medium-sized enterprises, government entities, and large corporations. With a significant presence across the country, Telkom Kenya serves millions of customers, ensuring uninterrupted network connectivity for both commercial and non-commercial users. The company plays a vital role in the information and communications technology sector, contributing to the advancement of communication infrastructure in Kenya.

The Development Bank of Nigeria (DBN) was established in 2015 by the Federal Government of Nigeria in partnership with global development partners to address the financing challenges faced by Micro, Small, and Medium Enterprises (MSMEs) and small corporations in the country. Headquartered in Abuja, DBN provides financial services such as financing, partial credit guarantees, and wholesale lending to eligible financial intermediaries. Its primary objective is to alleviate the financing constraints that hinder the growth of MSMEs and small businesses by offering market-conforming and financially sustainable funding solutions, along with capacity building and technical assistance.

M-BIRR Limited provides mobile banking services through its innovative platform, M-BIRR, which facilitates mobile money transactions for financial institutions in Ethiopia. Established in 2009, M-BIRR was the first Ethiopian-based mobile money service and has since become a leader in the sector, recognized for its extensive customer base, distribution network, and transaction volume. The platform offers a range of services, including domestic money transfers, balance inquiries, cash in/out through agents, loan repayments, and international remittances. Users can conveniently deposit and withdraw funds, pay utility bills, and make purchases both online and offline. M-BIRR caters to residential and business customers, as well as banks and microfinance institutions. Headquartered in Dublin, Ireland, the company continues to play a significant role in enhancing financial inclusion across urban and rural areas in Ethiopia.

The African Export Import Bank (the “Bank”) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member States and multilateral organizations, and which confers on the Bank the status of an international multilateral organization; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders.

Inspirafarms specializes in the manufacturing of solar-powered modular food processing and cold storage technologies. The company offers off-grid cold storage units, food processing plants, and dairy chilling machines, along with accessories such as Good Agricultural Practice certified modules and renewable energy systems. It provides essential machinery for post-harvest value addition processes, catering to medium and large-scale value chains primarily in Central America and East Africa. Founded in 2012 and headquartered in London, the company also operates offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala. Inspirafarms aims to deliver affordable and efficient agricultural processing solutions that comply with global food safety standards, thereby enhancing the supply of healthy and nutritious food to both local and international markets.

Baobab Group, established in 2005 by CEO Arnaud Ventura, is a leading digital finance company specializing in financial inclusion. It offers microfinance and digital banking services, including payment apps, to individuals and small businesses in Africa and China. With over 1,000 points of presence across ten countries, Baobab employs more than 3,800 people and has disbursed over EUR3 billion in loans, benefiting hundreds of thousands of clients.

Baobab Group, established in 2005 by CEO Arnaud Ventura, is a leading digital finance company specializing in financial inclusion. It offers microfinance and digital banking services, including payment apps, to individuals and small businesses in Africa and China. With over 1,000 points of presence across ten countries, Baobab employs more than 3,800 people and has disbursed over EUR3 billion in loans, benefiting hundreds of thousands of clients.

Baobab Group, established in 2005 by CEO Arnaud Ventura, is a leading digital finance company specializing in financial inclusion. It offers microfinance and digital banking services, including payment apps, to individuals and small businesses in Africa and China. With over 1,000 points of presence across ten countries, Baobab employs more than 3,800 people and has disbursed over EUR3 billion in loans, benefiting hundreds of thousands of clients.

Baobab Group, established in 2005 by CEO Arnaud Ventura, is a leading digital finance company specializing in financial inclusion. It offers microfinance and digital banking services, including payment apps, to individuals and small businesses in Africa and China. With over 1,000 points of presence across ten countries, Baobab employs more than 3,800 people and has disbursed over EUR3 billion in loans, benefiting hundreds of thousands of clients.