DOB Equity

DOB Equity is a private equity firm focused on providing growth capital and implementing buy-and-build strategies for small and medium-sized enterprises. The firm seeks to invest in companies with significant growth potential, aiming to enhance their value through strategic support and operational improvements. By concentrating on this segment of the market, DOB Equity aims to drive sustainable business development and create lasting impact in the regions it operates.

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

Brigit van Dijk – van de Reijt

CEO

Anthony Mahira

Investment Manager

Past deals in Kenya

Ilara Health

Seed Round in 2024
Ilara Health, founded in 2018 and headquartered in Nairobi, Kenya, focuses on enhancing healthcare access in rural Africa by developing and distributing AI-powered diagnostic devices. These compact devices are designed for primary care doctors in peri-urban and rural clinics, providing accurate and affordable diagnostic services. Ilara Health integrates its technology within a proprietary platform that connects to an electronic medical record system, allowing healthcare providers to efficiently record and manage patient data. By leveraging existing healthcare infrastructure, Ilara Health aims to improve the accessibility and affordability of diagnostic services in underserved regions.

Zydii

Pre Seed Round in 2023
Zydii Limited is an online learning and teaching platform based in Nairobi, Kenya, established in 2016. The company focuses on delivering localized digital training solutions tailored for the African workforce, offering a range of affordable and relevant personal development courses, digital courses, and virtual programs. Zydii's platform is designed to be engaging and accessible, providing users with opportunities to acquire new skills and enhance their career prospects. The company's innovative approach includes both online and offline access through USSD and SMS, ensuring that its educational resources reach a broad audience and contribute to transformative growth for businesses across the region.

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 that specializes in processing, producing, packaging, and distributing a wide array of coconut-based products. Founded in 2011 and based in Nairobi, the company offers natural and locally sourced items, including coconut milk, cream, virgin oil, and desiccated coconut. Additionally, Kentaste produces snacks and chips made from coconuts, catering to diverse culinary uses such as sauces, drinks, curries, and desserts. Their products are available in supermarkets throughout Kenya, highlighting their commitment to providing quality food and beauty products derived from this versatile fruit.

Zuri Health

Pre Seed Round in 2022
Zuri Health is a telemedicine company based in Nairobi, Kenya, established in 2020. It offers affordable and accessible healthcare solutions through a mobile app, website, and SMS services, catering to patients without smartphones and those in rural areas. Users can schedule lab and diagnostic tests, consult with doctors, purchase medications from pharmacies, and arrange home visits with qualified medical professionals. The platform also features an artificial intelligence-powered chatbot to enhance user experience and provide first-level medical consultations. Zuri Health aims to create a universally accessible healthcare experience for all individuals, regardless of their location or resources.

Mr. Green Africa

Series B in 2022
Mr. Green Africa Ltd is a Nairobi-based plastic recycling company established in 2014 that addresses waste management challenges in Kenya. The company specializes in the collection, conversion, and sale of post-consumer plastic waste, producing a range of recycled materials including rHDPE and rPP pellets in various colors, as well as rPET products. Mr. Green Africa aims to change perceptions of waste by demonstrating its value and incorporates the concept of shared value into its operations, creating economic benefits while tackling social and environmental issues. By integrating informal waste workers and micro-entrepreneurs into a formal value chain, the company enhances waste collection efficiency and promotes sustainability.

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, founded in 2018 and headquartered in Nairobi, Kenya, focuses on enhancing healthcare access in rural Africa by developing and distributing AI-powered diagnostic devices. These compact devices are designed for primary care doctors in peri-urban and rural clinics, providing accurate and affordable diagnostic services. Ilara Health integrates its technology within a proprietary platform that connects to an electronic medical record system, allowing healthcare providers to efficiently record and manage patient data. By leveraging existing healthcare infrastructure, Ilara Health aims to improve the accessibility and affordability of diagnostic services in underserved regions.

Mr. Green Africa

Venture Round in 2020
Mr. Green Africa Ltd is a Nairobi-based plastic recycling company established in 2014 that addresses waste management challenges in Kenya. The company specializes in the collection, conversion, and sale of post-consumer plastic waste, producing a range of recycled materials including rHDPE and rPP pellets in various colors, as well as rPET products. Mr. Green Africa aims to change perceptions of waste by demonstrating its value and incorporates the concept of shared value into its operations, creating economic benefits while tackling social and environmental issues. By integrating informal waste workers and micro-entrepreneurs into a formal value chain, the company enhances waste collection efficiency and promotes sustainability.

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
Mr. Green Africa Ltd is a Nairobi-based plastic recycling company established in 2014 that addresses waste management challenges in Kenya. The company specializes in the collection, conversion, and sale of post-consumer plastic waste, producing a range of recycled materials including rHDPE and rPP pellets in various colors, as well as rPET products. Mr. Green Africa aims to change perceptions of waste by demonstrating its value and incorporates the concept of shared value into its operations, creating economic benefits while tackling social and environmental issues. By integrating informal waste workers and micro-entrepreneurs into a formal value chain, the company enhances waste collection efficiency and promotes sustainability.

Kentaste Products

Private Equity Round in 2018
Kentaste Products Limited is a Kenyan company that specializes in processing, producing, packaging, and distributing a wide array of coconut-based products. Founded in 2011 and based in Nairobi, the company offers natural and locally sourced items, including coconut milk, cream, virgin oil, and desiccated coconut. Additionally, Kentaste produces snacks and chips made from coconuts, catering to diverse culinary uses such as sauces, drinks, curries, and desserts. Their products are available in supermarkets throughout Kenya, highlighting their commitment to providing quality food and beauty products derived from this versatile fruit.

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 Ltd. is a logistics company based in Nairobi, Kenya, founded in 2014. It operates a comprehensive logistics platform designed to simplify and optimize delivery processes for businesses. The platform facilitates door-to-door delivery for e-commerce and assists manufacturers and distributors in managing their logistics more efficiently. Sendy connects businesses with multiple transporters, allowing them to schedule, track, and pay for deliveries seamlessly. With a focus on transparency and security, Sendy empowers thousands of companies to manage their logistics through an integrated system that also provides access to reporting tools and cashless payment options.

Sendy

Seed Round in 2017
Sendy Ltd. is a logistics company based in Nairobi, Kenya, founded in 2014. It operates a comprehensive logistics platform designed to simplify and optimize delivery processes for businesses. The platform facilitates door-to-door delivery for e-commerce and assists manufacturers and distributors in managing their logistics more efficiently. Sendy connects businesses with multiple transporters, allowing them to schedule, track, and pay for deliveries seamlessly. With a focus on transparency and security, Sendy empowers thousands of companies to manage their logistics through an integrated system that also provides access to reporting tools and cashless payment options.

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 Logistic Properties

Venture Round in 2017
Africa Logistics Properties Ltd. is a commercial property company focused on the logistics and warehousing sector in Africa. Established in 2015 and headquartered in Nairobi, Kenya, the company specializes in acquiring, developing, and managing modern logistics facilities tailored for the occupier lease market, including build-to-suit projects and multi-tenant distribution parks. It also offers sale and leaseback financing, property management, and various value-added services. With a management team experienced in industrial investments in emerging markets, Africa Logistics Properties aims to provide high-quality infrastructure while adhering to international building standards and environmental governance practices. The company is supported by global institutional investors, positioning it as a leader in the grade-A logistics and industrial sector across the continent.

Countryside Dairy

Private Equity Round in 2016
Countryside Dairy Ltd. is a milk processing company established in 2014 and based in Nyahururu, Kenya. The firm specializes in processing and marketing pasteurized fresh milk products, catering primarily to the low-income market segment and institutional clients such as hospitals, hotels, and schools. With a daily processing capacity of approximately 100,000 liters, Countryside Dairy focuses on providing affordable dairy products to meet the needs of its target audience, thus playing a significant role in the local food industry.

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, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.
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