RENEW

RENEW and the Impact Angel Network are one of the most active private equity investors in Ethiopia and recently expanded to Uganda. RENEW and the IAN seek to become the most successful SME investment firm in Sub-Saharan Africa, investing in hundreds of companies across twenty countries. Their mission is to find, invest and help grow great companies led by visionary leaders.

Erin O'Connor

Marketing and Investor Relations Manager

Past deals in Sub Saharan Africa

Xente

Pre Seed Round in 2023
Xente Tech Limited is an e-commerce and digital payment platform based in Kampala, Uganda, founded in 2017. The company provides a mobile financial services application that allows customers in Uganda, Kenya, Tanzania, Nigeria, and South Africa to make payments for over 100 use cases. Users can transact using mobile money, bank cards, or credit, facilitating both domestic and cross-border payments. Xente aims to simplify financial transactions across Africa, positioning itself as a significant player in the region's digital payment landscape.

Wazi Vision

Seed Round in 2023
Wazi Vision manufactures eye glasses. The company was founded in 2016 and is headquartered in Kampala, Uganda.

Deliver Addis

Seed Round in 2020
Deliver Addis is an Ethiopian food delivery startup that operates an online platform designed to simplify the food ordering process for consumers. The service allows users to conveniently place orders from a variety of local restaurants through a straightforward three-step process: selecting a restaurant, choosing their desired dishes, and submitting the order. This streamlined approach ensures that customers can enjoy food delivered directly to their location with ease and efficiency.

Kijani Baby

Seed Round in 2019
Kijani (U) Ltd manufactures and sells reusable diapers for babies and children. The company offers toddler sleeping bags, baby dresses, disposable diaper liners, and soakers. It also offers its products online. The company was incorporated in 2014 and is based in Kampala, Uganda.