Goodwell Investments

Goodwell Investments is an impact investment firm that provides early-stage to growth capital along with hands-on support to inclusive businesses in Africa and India. It targets sectors including financial services, energy, health, mobility, education, agriculture, water and sanitation, and other basic services that improve livelihoods. The firm seeks minority stakes and offers board representation and advisory services to help portfolio companies scale sustainably. Based in the Netherlands with offices in Amsterdam and Cape Town, it pursues a long-term investment horizon of approximately five to ten years and aims to generate solid financial returns alongside social impact.

Wim van der Beek

Founder and Managing Partner

Wim van der Beek

Founder and Managing Partner

Nico Blaauw Ph.D

Partner, Investor Relations, Marketing and Communications

Els Boerhof

Managing Partner

Nathan Cheruiyot

Investment Associate

Judith Ngonyo

Investment Manager

Anne Ngugi

Senior Investment Manager

Lilian Oyando

Associate Partner

Past deals in SADC

Good Nature Agro

Series B in 2023
Good Nature Agro is a social enterprise based in Chipata, Zambia, focused on empowering small-scale farmers to enhance their productivity and income. Formed in 2014, the company organizes groups of farmers who nominate a Private Extension Agent (PEA) from within their ranks. These PEAs undergo rigorous training to become community leaders and provide ongoing support and personalized recommendations to fellow farmers throughout the growing season. By promoting improved farming practices, Good Nature Agro supplies high-quality legume seeds and offers loans for additional inputs, helping farmers transition from traditional crops to more lucrative options. The company also guarantees a market for the certified legume seeds harvested by the farmers, effectively enabling them to significantly increase their income and achieve lasting financial stability.

Inclusivity Solutions

Series A in 2023
Inclusivity Solutions is a company based in Cape Town, South Africa, that specializes in creating inclusive digital insurance markets. Founded in 2015, it designs, builds, and operates innovative digital insurance solutions, offering products in life, health, property, agriculture, and savings. The company focuses on expanding access to insurance for unserved and underserved consumers in emerging markets, addressing the significant gap where up to 98% of individuals lack protection against various risks. Inclusivity Solutions partners with mobile operators, insurance companies, and other distribution channels to deliver these solutions through digital platforms, leveraging the widespread use of mobile phones. The company provides comprehensive support, including strategy, product and process design, and implementation, to foster sustainable inclusive insurance markets that meet the needs of emerging consumers.

Chicoa Fish Farm

Venture Round in 2021
Chicoa Fish Farm, established in 2017 and located in Maputo, Mozambique, specializes in the production and supply of tilapia fish. The company is committed to promoting sustainable aquaculture practices and operates a vertically integrated model to support the freshwater fish farming industry. By focusing on offshore breeding, careful genetic selection, and sustainable husbandry methods, Chicoa Fish Farm aims to provide a nutritious and scalable protein source. The company is dedicated to enabling small-scale farmers to achieve cost-effective and environmentally friendly fish production, characterized by low feed conversion ratios and a reduced carbon footprint.

Chicoa Fish Farm

Series A in 2020
Chicoa Fish Farm, established in 2017 and located in Maputo, Mozambique, specializes in the production and supply of tilapia fish. The company is committed to promoting sustainable aquaculture practices and operates a vertically integrated model to support the freshwater fish farming industry. By focusing on offshore breeding, careful genetic selection, and sustainable husbandry methods, Chicoa Fish Farm aims to provide a nutritious and scalable protein source. The company is dedicated to enabling small-scale farmers to achieve cost-effective and environmentally friendly fish production, characterized by low feed conversion ratios and a reduced carbon footprint.

Good Nature Agro

Series A in 2020
Good Nature Agro is a social enterprise based in Chipata, Zambia, focused on empowering small-scale farmers to enhance their productivity and income. Formed in 2014, the company organizes groups of farmers who nominate a Private Extension Agent (PEA) from within their ranks. These PEAs undergo rigorous training to become community leaders and provide ongoing support and personalized recommendations to fellow farmers throughout the growing season. By promoting improved farming practices, Good Nature Agro supplies high-quality legume seeds and offers loans for additional inputs, helping farmers transition from traditional crops to more lucrative options. The company also guarantees a market for the certified legume seeds harvested by the farmers, effectively enabling them to significantly increase their income and achieve lasting financial stability.

East Africa Fruits

Series A in 2020
East Africa Fruits Co. is a prominent distributor of fresh fruits, vegetables, and grains, serving a diverse clientele that includes retailers, wholesalers, local vendors, cafes, hotels, and exporters. Founded in 2013 and based in Dar es Salaam, Tanzania, the company sources its produce from smallholder farmers, providing essential services such as cleaning, sorting, packing, and marketing. By facilitating connections between sellers and buyers, East Africa Fruits Co. supports smallholder farmers with crop planning tailored to market demands. The company is dedicated to increasing the availability of fresh produce to meet growing consumer demand both locally and internationally. In its pursuit of growth, East Africa Fruits Co. aims to become a leading producer and exporter of fruits and vegetables, with plans for significant expansion in the coming years.

Inclusivity Solutions

Series A in 2020
Inclusivity Solutions is a company based in Cape Town, South Africa, that specializes in creating inclusive digital insurance markets. Founded in 2015, it designs, builds, and operates innovative digital insurance solutions, offering products in life, health, property, agriculture, and savings. The company focuses on expanding access to insurance for unserved and underserved consumers in emerging markets, addressing the significant gap where up to 98% of individuals lack protection against various risks. Inclusivity Solutions partners with mobile operators, insurance companies, and other distribution channels to deliver these solutions through digital platforms, leveraging the widespread use of mobile phones. The company provides comprehensive support, including strategy, product and process design, and implementation, to foster sustainable inclusive insurance markets that meet the needs of emerging consumers.

WhereIsMyTransport

Series A in 2020
WhereIsMyTransport Ltd is an urban transportation technology company based in London, United Kingdom, with a presence in Cape Town, South Africa. The company specializes in providing comprehensive public transport data for emerging-market megacities, focusing on regions in Africa, Latin America, Southeast Europe, and South and Southeast Asia. By digitalizing network information from various modes of public transport, WhereIsMyTransport ensures data accuracy amidst the dynamic changes of these systems. Their platform offers a data collection framework for mapping both formal and informal transport networks, equipping businesses, municipalities, and citizens with essential information to enhance infrastructure and navigate urban environments effectively. Through its innovative products and data services, WhereIsMyTransport aims to improve the public transport experience for users and support industry stakeholders in their operational needs.

Inclusivity Solutions

Series A in 2019
Inclusivity Solutions is a company based in Cape Town, South Africa, that specializes in creating inclusive digital insurance markets. Founded in 2015, it designs, builds, and operates innovative digital insurance solutions, offering products in life, health, property, agriculture, and savings. The company focuses on expanding access to insurance for unserved and underserved consumers in emerging markets, addressing the significant gap where up to 98% of individuals lack protection against various risks. Inclusivity Solutions partners with mobile operators, insurance companies, and other distribution channels to deliver these solutions through digital platforms, leveraging the widespread use of mobile phones. The company provides comprehensive support, including strategy, product and process design, and implementation, to foster sustainable inclusive insurance markets that meet the needs of emerging consumers.

WhereIsMyTransport

Series A in 2019
WhereIsMyTransport Ltd is an urban transportation technology company based in London, United Kingdom, with a presence in Cape Town, South Africa. The company specializes in providing comprehensive public transport data for emerging-market megacities, focusing on regions in Africa, Latin America, Southeast Europe, and South and Southeast Asia. By digitalizing network information from various modes of public transport, WhereIsMyTransport ensures data accuracy amidst the dynamic changes of these systems. Their platform offers a data collection framework for mapping both formal and informal transport networks, equipping businesses, municipalities, and citizens with essential information to enhance infrastructure and navigate urban environments effectively. Through its innovative products and data services, WhereIsMyTransport aims to improve the public transport experience for users and support industry stakeholders in their operational needs.

WhereIsMyTransport

Seed Round in 2017
WhereIsMyTransport Ltd is an urban transportation technology company based in London, United Kingdom, with a presence in Cape Town, South Africa. The company specializes in providing comprehensive public transport data for emerging-market megacities, focusing on regions in Africa, Latin America, Southeast Europe, and South and Southeast Asia. By digitalizing network information from various modes of public transport, WhereIsMyTransport ensures data accuracy amidst the dynamic changes of these systems. Their platform offers a data collection framework for mapping both formal and informal transport networks, equipping businesses, municipalities, and citizens with essential information to enhance infrastructure and navigate urban environments effectively. Through its innovative products and data services, WhereIsMyTransport aims to improve the public transport experience for users and support industry stakeholders in their operational needs.

WhereIsMyTransport

Seed Round in 2016
WhereIsMyTransport Ltd is an urban transportation technology company based in London, United Kingdom, with a presence in Cape Town, South Africa. The company specializes in providing comprehensive public transport data for emerging-market megacities, focusing on regions in Africa, Latin America, Southeast Europe, and South and Southeast Asia. By digitalizing network information from various modes of public transport, WhereIsMyTransport ensures data accuracy amidst the dynamic changes of these systems. Their platform offers a data collection framework for mapping both formal and informal transport networks, equipping businesses, municipalities, and citizens with essential information to enhance infrastructure and navigate urban environments effectively. Through its innovative products and data services, WhereIsMyTransport aims to improve the public transport experience for users and support industry stakeholders in their operational needs.
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