Vakayi Capital

Vakayi Capital is a private equity firm based in Harare, Zimbabwe, founded in 2016. It focuses on investing in small and medium-sized enterprises that provide essential services in sectors such as healthcare, clean energy, housing, and education. The firm targets businesses with proven models and strong growth potential, aiming to create jobs and positively impact the lives of low-income individuals in Zimbabwe, where the per capita GDP is approximately $1,000. Vakayi Capital employs a strategy of making loan investments, which may include an option to convert some of these loans to equity, with an average investment duration of four years. As the only fund in Zimbabwe dedicated to supporting small businesses, Vakayi Capital leverages its team's extensive experience and network to identify and capitalize on robust investment opportunities.

Chai Musoni

Co-Founding Partner & Chief Executive Officer

1 past transactions

Homelux

Venture Round in 2017
Homelux Property Development (Pvt) Ltd is a prominent property development company based in Eastlea, Zimbabwe, established in 2006. The firm specializes in the development of housing and apartment projects, focusing on creating residential stands. Currently, Homelux is channeling investments into the development of residential properties in the Tynwald suburb of Harare, aiming to enhance the housing landscape in the region.