Fanisi

Fanisi Venture Capital Fund S.C.A., SICAV-SIF is a private equity and venture capital firm established in 2009 by the Norwegian Investment Fund for Developing Countries and Amani Capital Limited. Based in Nairobi, Kenya, it manages a fund of US$50 million and focuses on early and growth-stage investments in sectors such as agri-business, healthcare, consumer products, and education. Fanisi aims to tap into market segments that have been largely overlooked by other venture capital funds in East Africa, particularly in Kenya, Tanzania, Rwanda, and Uganda. The firm's investment strategy is centered on identifying businesses with significant growth potential, contributing to the development of the region's economy.

Ayisi Makatiani

Chief Executive Officer and Managing Partner

Asif Noorani

Investment Principal, Private Equity

Tony Wainaina

Managing Partner

Past deals in Rwanda

ProDev Group Holdings

Venture Round in 2013
ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda. engages in grain handling which includes milling, drying, pre-cleaning and storage services. Processes of their industry (grain handling) includes milling, drying, pre-cleaning and storage services. The two subsidiary companies are: One, Minimex Ltd., is the largest manufacturer of branded maize meal in Rwanda, a manufacturer of grits, for the brewing industry, and bran, used in the formulation of animal feed. The other, ProDev Rwanda, is involved in the handling, drying and storage of maize. The partnership with Fanisi will provide the impetus required to continuously improve the maize value chain, which is expected to make a positive contribution to Rwanda's agriculture, the health of the population, and its economic development.

Sophar Limited

Venture Round in 2013
Sophar Limited is a pharmaceutical wholesaler based in Kigali, Rwanda, operating primarily in East and Central Africa. Established in 2007, the company specializes in importing and marketing branded drugs, medical equipment, consumables, and laboratory reagents. Through its distribution network, Sophar Limited aims to enhance access to essential healthcare products in the region.