Developer of an IoT-based fleet management software designed to optimize fleet operations. The company's solution offers features such as GPS tracking, route optimization, fuel management, maintenance management, car sharing, generalized reduction of a fleet's environmental impact, driving analysis, and implementation of a real safety policy, enabling clients with increased efficiency, safety, and sustainability of their operations.
Operator of a coding institution intended to develop technical skills among students. The company specializes in software engineering, data science, professional development and other courses through intensive rapid skills training programs, enabling the pupils and graduates to get full-time and part-time education options to learn and compete in the global digital economy.
GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content Editor GoMyCode provides digital Skills Training for the Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
Serengeti Energy abides by the requirement that all of its operations have a beneficial impact on markets throughout the community. As such, it invests in and co-develops small and medium-sized renewable energy projects. They concentrate on the design, building, and operation of new and renovated independent power plants. Additionally, they offer installation and maintenance services for semiconductors used in renewable energy.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
GoodLife Pharmacy is a retail pharmacy chain headquartered in Nairobi, Kenya, serving over 600,000 customers across 19 locations in East Africa. The company specializes in providing a wide range of health and personal care products, including pharmaceuticals and wellness items. In addition to its retail offerings, GoodLife Pharmacy also delivers essential health services such as blood pressure and blood glucose monitoring, body mass index assessments, malaria testing, family nutrition guidance, doctor consultations, and laboratory services. This comprehensive approach enables patients to access affordable and convenient healthcare solutions.
Developer of an on-demand logistics application designed to facilitate the transportation of shipments across places. The company's logistics platform offers live tracking, an intelligent address system, and automatic dispatch to offer a fully digitalized postal logistics service, enabling clients to avail of timely movement of shipments.
WIOCC specializes in high-capacity connectivity solutions, linking Africa with global financial and commercial centers. Recognized as a key player in the wholesale market, it caters to carriers, mobile operators, and internet service providers by offering customized bandwidth packages tailored to meet diverse customer needs. With a comprehensive range of services, including global connectivity, carrier IP transit, and colocation, WIOCC ensures built-in redundancy in its network, safeguarding traffic and enhancing reliability. Operating across more than 30 African countries, the company positions itself as a pivotal provider of managed connectivity services for cloud operators and content providers, effectively supporting the growing demand for fixed and mobile broadband in Africa's evolving markets.
Private Equity Round in 2021
d.light is a company that designs, manufactures, and distributes solar lighting and power products, primarily aimed at households and small businesses lacking reliable electricity. Founded in 2007 as a for-profit social enterprise, d.light has developed a range of products, including solar lanterns, home systems, and various appliances, to serve over 2 billion people globally. With distribution hubs in East and West Africa, India, Southeast Asia, and the United States, the company has reached over 65 million individuals, providing affordable and accessible solar solutions. d.light is committed to transforming energy usage and payment methods, enhancing the quality of life for users in rural and semi-urban areas through its innovative solar-powered products. The company operates from its headquarters in Palo Alto, California, with additional offices in key locations such as Shenzhen, China; Gurgaon, India; Nairobi, Kenya; Kampala, Uganda; and Lagos, Nigeria.
Medsaf is a pharmaceutical supply chain company based in Lagos, Nigeria, founded in 2014. It specializes in the delivery of medications, including antacids, antiviral drugs, antineoplastics, and various supplements, to hospitals, pharmacies, clinics, NGOs, and government entities. Medsaf aims to enhance the availability, affordability, and quality of medications in emerging markets through its end-to-end procurement platform. The company utilizes technology to automate and finance medication procurement, integrating logistics, quality control, and financing services. With a focus on data analytics and blockchain, Medsaf provides stakeholders with essential information regarding the movement of medications, ensuring a more efficient supply chain. The company also offers its products online, expanding access to vital healthcare resources.
Nuru, SARL generates and manages renewable electric energy. The company offers solar micro grid energy to the Congolese households, businesses, and organizations. Additionally, the company installs solar PV and storage micro grid across country. Nuru, SARL was formerly known as Kivu Green Energy and changed its name to Nuru, SARL in September, 2019. The company was founded in 2015 and is based in Goma, Democratic Republic of the Congo.
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
Developer of an on-demand logistics application designed to facilitate the transportation of shipments across places. The company's logistics platform offers live tracking, an intelligent address system, and automatic dispatch to offer a fully digitalized postal logistics service, enabling clients to avail of timely movement of shipments.
Solarise Africa is a pan-African energy leasing company based in Nairobi, Kenya, specializing in financial leasing services for solar photovoltaic (PV) and other renewable energy assets. The company primarily targets Commercial and Industrial (C&I) clients, offering scalable financing solutions designed to facilitate the deployment of clean energy systems. Solarise Africa focuses on projects that include captive rooftop and ground-mounted solar installations ranging from 100 kW to 3 MW. By collaborating closely with a select network of partners, the company promotes clean energy adoption, aiming to reduce clients' carbon footprints and operational costs. Currently active in Kenya, Solarise Africa plans to expand its operations into South Africa and other regions across East, Southern, and West Africa.
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.
Jumo World Limited operates a mobile money marketplace that connects private individuals, small businesses, and mobile network operators to a range of financial products. Founded in 2010 and based in Cape Town, South Africa, the company leverages advanced data science and machine learning to offer innovative financial services, including savings, loans, and insurance, particularly for entrepreneurs in emerging markets across Africa and Asia. Jumo's platform facilitates access to these services through partnerships with mobile network operators, enabling users to build financial identities based on their mobile behavior. By creating a digital banking solution that is cost-effective and responsible, Jumo aims to empower users with unprecedented financial choices, ultimately fostering economic growth and prosperity.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
Private Equity Round in 2018
Merec Industries, SA manufactures and sells wheat and maize based products. Its products include wheat and maize flours, pasta, biscuits, bran, and animal by-products. The company was founded in 1998 and is headquartered in Maputo, Mozambique with additional offices in Machava, Beira, and Nacala, Mozambique.
Enda Tamweel is a microfinance company created in 2015 by the NGO Enda Inter-Arab. Enda Tamweel specializes in offering financial products and services; It will continue to collaborate with Enda Inter-Arab to offer its clients non-financial support services.
Jumo World Limited operates a mobile money marketplace that connects private individuals, small businesses, and mobile network operators to a range of financial products. Founded in 2010 and based in Cape Town, South Africa, the company leverages advanced data science and machine learning to offer innovative financial services, including savings, loans, and insurance, particularly for entrepreneurs in emerging markets across Africa and Asia. Jumo's platform facilitates access to these services through partnerships with mobile network operators, enabling users to build financial identities based on their mobile behavior. By creating a digital banking solution that is cost-effective and responsible, Jumo aims to empower users with unprecedented financial choices, ultimately fostering economic growth and prosperity.
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.
NMB Bank Limited is a prominent financial institution in Zimbabwe, offering a wide range of banking products and services to both corporate and individual clients. The bank operates through several segments, including Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking. Its offerings encompass current and savings accounts, debit and credit cards, loans, overdrafts, and various payment services, such as bridging finance and letters of credit. Additionally, NMB Bank provides advisory services related to capital raising, corporate restructuring, and investment. The bank also delivers treasury services, which include market analysis, fixed deposits, and foreign exchange operations. With branches in major cities such as Harare, Bulawayo, and Mutare, NMB Bank has been serving the Zimbabwean market since its incorporation in 1992 and is headquartered in Harare. It operates as a subsidiary of NMBZ Holdings Limited.
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure development needs across Africa. The organization offers a range of services, including debt and equity financing, project development, technical advisory, and financial advisory. It aims to drive sustainable economic growth by investing in high-quality infrastructure assets that deliver essential services in key sectors such as power, natural resources, heavy industry, transport, and telecommunications. Through its comprehensive approach, Africa Finance Corporation seeks to facilitate significant advancements in the continent's infrastructure landscape.
Esprit provides education services in computer engineering, telecommunications engineering, civil engineering, electromechanical engineering, and management science. The company was founded in 2003 and is based in Douar Ghezala, Tunisia. As of November 25, 2020, Esprit operates as a subsidiary of Honoris Holding Limited.
Global Credit Ratings is a provider of credit ratings. The company serves 400 customers across 20 countries and is the only rating agency to have a strong presence in multiple geographies across the continent.