DOB Equity

Founded in 1997, DOB Equity is a Dutch-based impact investor focused on making strategic investments in small to medium-sized companies across East Africa. The firm aims to generate positive social and economic impacts through its investments.

Hayo Afman

Managing Director

Zipporah Gakuu

Investment Analyst

Toine Huijbers

Co-CEO and CFO

Ralph Jansen

Investment Manager

Saskia van der Mast

Investment Manager

Vera Wachira

Investment Manager

Anthony Mahira

Investment Manager

Past deals in Kenya

Ilara Health

Seed Round in 2024
Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.

Zydii

Pre Seed Round in 2023
Founded in 2016, Zydii operates an online learning platform tailored for African businesses. It offers localized digital courses accessible via online and offline methods (USSD & SMS), focusing on upskilling employees with affordable, relevant personal development and technical skills courses.

Kwara

Seed Round in 2023
Kwara GmbH is a technology company that specializes in developing a digital banking platform tailored for savings and credit co-operative societies (SACCOs). Founded in 2018 and headquartered in Berlin, Germany, with an additional office in Nairobi, Kenya, Kwara aims to modernize credit unions by providing a comprehensive cloud-based solution. The platform facilitates loan application servicing and approval for members, while also offering integration services, customer support, real-time financial tracking, and compliance assistance. Kwara's offerings include Kwara Pronto, a tool for managing loans. Currently, the company serves over 200 SACCOs across Kenya, South Africa, and the Philippines, enabling these financial institutions to enhance their operations and improve access to formal financial services.

Kentaste Products

Venture Round in 2022
Kentaste Products Limited is a Kenyan company based in Nairobi that specializes in the processing, production, packaging, and distribution of coconut-based products. Founded in 2011, Kentaste offers a diverse range of natural and locally sourced items, including coconut milk, creams, virgin oil, desiccated coconut, and flour. Additionally, the company produces snacks and chips derived from coconuts, catering to various culinary uses such as sauces, drinks, curries, and desserts. Kentaste's products are available in supermarkets across Kenya, reflecting its commitment to providing quality food and beauty products made from the versatile coconut.

Zuri Health

Pre Seed Round in 2022
Founded in 2020, Zuri Health is a Kenyan telemedicine company offering affordable healthcare solutions via apps, websites, and SMS. It facilitates lab tests, doctor consultations, medication delivery, and home visits.

Mr. Green Africa

Series B in 2022
Founded in 2014, Mr. Green Africa is a Nairobi-based recycling company that transforms post-consumer plastic waste into valuable resources. It specializes in collecting, processing, and selling recycled pellets of HDPE, PP, and PET in various colors, contributing to waste management solutions while integrating informal waste workers into its value chain.

Twiga Foods

Series C in 2021
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

Ilara Health

Series A in 2020
Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.

Mr. Green Africa

Venture Round in 2020
Founded in 2014, Mr. Green Africa is a Nairobi-based recycling company that transforms post-consumer plastic waste into valuable resources. It specializes in collecting, processing, and selling recycled pellets of HDPE, PP, and PET in various colors, contributing to waste management solutions while integrating informal waste workers into its value chain.

PowerGen Renewable Energy

Series B in 2019
PowerGen Renewable Energy is a leading provider of energy solutions in East Africa, focused on transforming energy access for residential, community, commercial, government, and industrial customers. Founded in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company specializes in the development, construction, and operation of solar mini-grids. PowerGen offers a range of services including engineering, procurement, construction, and financing, ensuring affordable and reliable power for communities that are not connected to national electricity networks. As a pioneer in the solar mini-grid sector, PowerGen is committed to driving the clean energy transition across Africa and is a founding member of the Africa Mini-grid Developers Association, collaborating with various sector leaders to enhance energy access in the region.

Mr. Green Africa

Venture Round in 2019
Founded in 2014, Mr. Green Africa is a Nairobi-based recycling company that transforms post-consumer plastic waste into valuable resources. It specializes in collecting, processing, and selling recycled pellets of HDPE, PP, and PET in various colors, contributing to waste management solutions while integrating informal waste workers into its value chain.

Kentaste Products

Private Equity Round in 2018
Kentaste Products Limited is a Kenyan company based in Nairobi that specializes in the processing, production, packaging, and distribution of coconut-based products. Founded in 2011, Kentaste offers a diverse range of natural and locally sourced items, including coconut milk, creams, virgin oil, desiccated coconut, and flour. Additionally, the company produces snacks and chips derived from coconuts, catering to various culinary uses such as sauces, drinks, curries, and desserts. Kentaste's products are available in supermarkets across Kenya, reflecting its commitment to providing quality food and beauty products made from the versatile coconut.

Twiga Foods

Series B in 2018
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

Sendy

Series A in 2018
Sendy operates a logistics platform that simplifies delivery processes for businesses. Founded in 2014, it offers door-to-door delivery services for e-commerce, optimizes logistics for manufacturers and distributors, and provides access to multiple transporters.

Sendy

Seed Round in 2017
Sendy operates a logistics platform that simplifies delivery processes for businesses. Founded in 2014, it offers door-to-door delivery services for e-commerce, optimizes logistics for manufacturers and distributors, and provides access to multiple transporters.

Twiga Foods

Series A in 2017
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

Africa Logistics Properties

Venture Round in 2017
Africa Logistics Properties is an integrated property investment and development company focused on Africa’s growing logistics and industrial sector. Based in Nairobi, it develops, owns, and manages modern Grade-A warehousing and distribution facilities across sub-Saharan Africa, including build-to-suit projects and multi-tenant parks. The company provides related services such as property management and sale-and-leaseback arrangements, and operates according to international standards for construction, facility management, and environmental, social, and governance practices. Its focus is to connect enterprises with reliable modern infrastructure for efficient supply chains.

Countryside Dairy

Private Equity Round in 2016
Countryside Dairy Ltd. is a milk processing company established in 2014, operating from Nyahururu, Kenya. The company specializes in processing and marketing pasteurized fresh milk products, primarily targeting the low-income market segment as well as institutional organizations such as hospitals, hotels, and schools. With a daily output of approximately 100,000 liters, Countryside Dairy aims to provide affordable dairy products to retailers, thereby enhancing accessibility for a broader audience. The firm is committed to serving the food industry by ensuring a steady supply of high-quality milk while focusing on the specific needs of its customer base.

Twiga Foods

Private Equity Round in 2016
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

PowerGen Renewable Energy

Series A in 2016
PowerGen Renewable Energy is a leading provider of energy solutions in East Africa, focused on transforming energy access for residential, community, commercial, government, and industrial customers. Founded in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company specializes in the development, construction, and operation of solar mini-grids. PowerGen offers a range of services including engineering, procurement, construction, and financing, ensuring affordable and reliable power for communities that are not connected to national electricity networks. As a pioneer in the solar mini-grid sector, PowerGen is committed to driving the clean energy transition across Africa and is a founding member of the Africa Mini-grid Developers Association, collaborating with various sector leaders to enhance energy access in the region.

Copia Global

Funding Round in 2015
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, founded in 2013. It provides an innovative application that allows users to browse and order products from local shopkeepers, facilitating access to a wide range of quality goods for consumers in the developing world. The platform is designed to empower middle to low-income Africans by enabling them to make purchases without needing direct internet access. Copia Global leverages mobile technologies and a network of local agents to serve as distribution points, ensuring efficient delivery of products at consumers' convenience. The application also incorporates a mobile payment system, allowing shopkeepers to fulfill customer orders seamlessly.

Bridge International Academies

Private Equity Round in 2009
Bridge International Academies, founded in 2007 and based in Nairobi, Kenya, operates primary schools focused on providing education to underprivileged children. The organization offers scholastic services that adhere to national curricula and emphasizes comprehensive teacher training and development programs. Utilizing advanced wireless technology, Bridge International Academies aims to deliver quality education free of charge, enabling children from disadvantaged backgrounds to access the learning they need for a better future.
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