Telecom Italia offers technological infrastructures and platforms in which voice and data are converted into advanced telecommunications services - as well as the latest ICT and Media solutions. These tools cater for the Group's as well as the country's growth.
First Capital Bank is one of the largest and oldest commercial banking networks in the country. The bank provides a wide range of personal products such as transactional accounts, internet banking, local and international debit cards, and insurance products. Treasury-related services, lending products, foreign exchange, and transactional products are examples of commercial products. They provide a broad range of financial products to ensure that their services are always relevant and valuable to their diverse market segments.
Telecom Egypt, established in 1854 with the introduction of the first telegraph line in the country, has evolved into the largest telecommunications provider in Egypt and the Middle East. As the sole provider of fixed-line voice services in Egypt, the company serves approximately 7.2 million subscribers. Telecom Egypt offers a range of services, including voice, internet, and data solutions, and operates in three key segments: communications marine cables and infrastructure, internet services, and outsourcing services. The company's ownership of telecommunication infrastructure enables it to generate significant wholesale revenue, which is a substantial portion of its overall income. Through its extensive network and service offerings, Telecom Egypt plays a critical role in the Egyptian telecommunications market.
The Co-operative Bank of Kenya Limited, established in 1965 and incorporated under the Company Act in 2008, operates as a licensed banking institution in Kenya. The bank offers a range of services, including corporate banking, retail banking, investment, and asset management. Its operations are divided into three primary segments: Retail Banking, which focuses on loans and deposits for individual customers; Wholesale Banking, catering to corporate and institutional clients; and Group Functions, which encompasses support departments such as ICT and Finance. The majority of the bank's revenue is derived from its Retail Banking segment, reflecting its strong presence in the Kenyan financial market.
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, is a banking institution that provides a comprehensive range of retail, corporate, and investment banking services across Africa and internationally. The bank operates through three main segments: Corporate & Investment Banking, Commercial Banking, and Consumer Banking. Its offerings include various account types, personal and asset acquisition loans, mortgages, and payment cards, along with internet and mobile banking services. Additionally, Ecobank provides bancassurance, remittances, foreign exchange, trade finance, and cash management services. The bank serves a diverse clientele, including individuals, multinationals, government agencies, and small to medium-sized enterprises. With a network of 888 branches and over 2,460 ATMs, Ecobank has positioned itself as a key player in the West African banking sector, addressing the needs of a region previously dominated by foreign and state-owned banks.
Voxeljet AG is a manufacturer of industrial 3D printing systems and a provider of on-demand parts services, catering to a diverse clientele across Europe, the Middle East, Africa, Asia Pacific, and the Americas. The company operates in two main segments: Systems and Services. The Systems segment focuses on the development and production of high-speed, large-format 3D printers, offering a range that includes models suited for various applications. The Services segment specializes in creating custom parts, sand molds, and plastic models using 3D computer-aided design, primarily for industries such as automotive, aerospace, engineering, and arts. Voxeljet operates one of Europe's largest service centers for on-demand production, enabling customers to efficiently manufacture small batches and prototypes without traditional tooling. Founded in 1999 and headquartered in Friedberg, Germany, Voxeljet serves a wide array of clients, including automotive manufacturers, foundries, and research institutions.
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.
Orange is a digital operator headquartered in Paris, France, providing mobile and internet services across Europe and Africa, as well as corporate telecommunication services worldwide. The company operates under the brand name Orange Business Services (OBS), which offers a comprehensive range of voice, data, IT, and integrated services to large corporations, local authorities, and small to medium-sized enterprises (SMEs). Additionally, OBS supports multinational firms in executing their communication projects. Orange also engages with startups through Orange Fabs, an international network that provides resources and expertise to foster innovation in the digital space. The company has a venture capital arm, Orange Ventures, which manages significant assets and focuses on investing in technology and digital sectors to support emerging global tech champions and sustainable business models. Founded in 1991, Orange operates in 30 countries and continues to expand its services and investment initiatives.
Software Group is a global technology company specialized in digital banking and integration solutions for the financial sector. The company serves a worldwide client base from nine main offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, Philippines and the USA. All offices employ an experienced team of professionals, with an outstanding track record of handling complex financial development projects. Software Group prides itself on delivering products and services which adhere to the principles of quality, transparency and affordability. Software Group provides solutions to a range of players in the financial sector but focuses particularly on working with microfinance institutions (MFIs), savings groups, credit unions, banks, telcos and fintech companies.
Telkom Kenya, established in April 1999, is a telecommunications operator offering a comprehensive range of integrated communication solutions in Kenya. The company provides voice and data services, including broadband, messaging, and various other communication connections, catering to individuals, small and medium-sized enterprises, government entities, and large corporations. With a significant presence across the country, Telkom Kenya serves millions of customers, ensuring uninterrupted network connectivity for both commercial and non-commercial users. The company plays a vital role in the information and communications technology sector, contributing to the advancement of communication infrastructure in Kenya.
Ericsson is a leading telecommunications equipment and services provider headquartered in Stockholm, Sweden. Established in 1876, the company specializes in technology and services for telecom operators, offering solutions for 2G, 3G, and 4G mobile technologies. Ericsson supports networks serving over 2 billion subscribers and maintains a strong position in managed services. Its diverse portfolio includes mobile and fixed network infrastructure, telecom services, software, and multimedia solutions tailored for operators, enterprises, and the media industry. Additionally, Ericsson Ventures, the company's private equity and venture capital arm, invests in emerging technologies such as IoT, artificial intelligence, machine learning, and network functions virtualization. The firm is also recognized for managing over 95 million connected devices, including 22 million eSIM connections globally. With a workforce of more than 80,000 employees, Ericsson continues to innovate and drive sustainable business solutions in the telecommunications sector.
Development Bank of Nigeria PLC offers finance and credit to eligible financial intermediaries. The company provides financing, partial credit guarantees, wholesale lending, partial credit risk guarantees, capacity building, and technical assistance to micro, small and medium scale enterprises (MSMEs); and small corporate in Nigeria on a market-conforming and fully financially sustainable basis. The company was founded in 2015 and is headquartered in Abuja, Nigeria.
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.
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.
M-BIRR Limited is a provider of mobile banking services based in Dublin, Ireland, offering a comprehensive platform for mobile money transactions in Ethiopia. Established in 2001, M-BIRR facilitates a range of financial services, including domestic money transfers, balance inquiries, loan repayments, cash in/out through an extensive agent network, and international remittances. Users can conveniently pay for goods and services directly from their mobile phones, eliminating the need for time-consuming travel and queuing. The platform also enables utility bill payments and supports businesses with marketing and strategy consulting. M-BIRR is designed to cater to both residential and business customers, as well as banks and microfinance institutions, ensuring efficient and reliable financial transactions available around the clock.
African Export-Import Bank is a multilateral financial institution established in 1993 to promote and facilitate trade among African countries and between Africa and the global marketplace. Headquartered in Cairo, Egypt, the Bank offers a range of financing programs, advisory services, and guarantee products aimed at enhancing intra- and extra-African trade. These services include short-term trade guarantees, working capital and supply chain finance solutions for small and medium-sized enterprises, and various bonding facilities for export contracts. The institution serves a diverse clientele, including governments, corporations, and financial institutions, providing additional services such as sovereign and corporate advisory, capital markets assistance, and trade information. With an authorized share capital of five billion US dollars, the Bank plays a crucial role in the development and diversification of trade across the continent.
Electro Power Systems operates in the sustainable energy sector, focusing on hybrid energy storage solutions and microgrids that convert intermittent renewable energy sources into stable power supplies. Established in 2014 and headquartered in Paris, France, the company has developed advanced technologies protected by 125 patents, supported by over a decade of research and development. EPS provides a range of services, including energy storage systems for solar farms and industrial applications, as well as centralized and residential charging stations for electric vehicles. It has implemented 36 large-scale projects worldwide, totaling over 35 MW of installed power, which serves more than 165,000 customers daily. Additionally, the company has deployed over 18 MW of grid support systems, contributing to a total capacity output of 47 MWh across 21 countries, including regions in Europe, Latin America, Asia, and Africa.
Inspirafarms is a London-based company that specializes in manufacturing solar-powered, modular technologies for food processing and cold storage. Founded in 2012, it provides off-grid cold storage units, food processing plants, and dairy chilling machines, catering primarily to small and medium-sized agribusinesses in Central America and East Africa. The company focuses on reducing perishable food losses and operational costs in the horticultural sector by offering affordable, turnkey solutions that meet global food safety standards. Inspirafarms also supplies essential accessories and systems, including Good Agricultural Practice certified modules, renewable energy solutions, and data monitoring systems, which support post-harvest value addition processes. With additional offices in Kenya, Southern Africa, and Guatemala, Inspirafarms aims to enhance the efficiency of agricultural value chains and promote the supply of healthy, nutritious food to both local and international markets.
Upstream S.A. is a mobile marketing technology company based in Athens, Greece, specializing in accelerating mobile commerce in high-growth markets. Founded in 2001, Upstream operates the MINT platform, which serves mobile operators, agencies, e-commerce brands, and application developers by providing insights from mobile interactions and customer data. The platform facilitates mobile purchase rates and offers a variety of services, including marketing promotions, mobile content, loyalty programs, and direct billing solutions. Upstream reaches over one billion consumers across Latin America, Africa, the Middle East, the CIS, and Southeast Asia, leveraging partnerships with more than 50 mobile operators. The company has successfully engaged half a billion consumers and converted 65 million into paying customers through a subscription micro-payment model. With a global presence, Upstream has offices in multiple countries, including the United Kingdom, the United States, Italy, Brazil, Nigeria, Romania, Singapore, and the United Arab Emirates.
Private Equity Round in 2016
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.
Private Equity Round in 2015
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.
Rovio Entertainment Oyj, a games-first entertainment company, creates, develops, and publishes mobile games in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Games, Brand Licensing, and Other segments. The company offers various mobile games through mobile application stores; produces movies; and licenses the Angry Birds brand to consumer and entertainment products, as well as develops a cloud-based game service. It also provides physical merchandise, including toys and apparel, as well as location-based entertainment, such as activity parks; and books and comics, animated series, and digital products. Rovio Entertainment Oyj was founded in 2003 and is headquartered in Espoo, Finland.
Private Equity Round in 2009
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.
Private Equity Round in 2007
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.
Private Equity Round in 2005
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.