ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA operates an asset-light model that digitizes the delivery process, allowing for comprehensive planning and execution. The company monitors logistics activities to enhance efficiency and drive sales growth for its clients. By connecting FMCG companies with a diverse network of trucks, ILLA provides a dynamic solution that addresses the complexities of delivering products to various retail and non-retail outlets. This approach ensures full control and visibility over the logistics process, enabling clients to navigate daily market challenges effectively.
Jibu
Venture Round in 2021
Jibu is a company focused on addressing the critical issue of safe drinking water access in East Africa, where approximately 450 million people lack reliable sources. Operating in the Democratic Republic of the Congo, Rwanda, and Uganda, Jibu provides local entrepreneurs with the resources and support needed to establish their own businesses that treat and package water in reusable bottles. By offering a comprehensive start-up package, including seed financing, Jibu empowers these entrepreneurs to create franchises that deliver safe drinking water at a cost that is significantly lower than traditional bottled options, while also providing the convenience of door-to-door delivery. The company aims to expand its impact to neighboring countries, fostering a network of locally owned businesses that promote affordable access to essential resources for communities.
NowPay
Venture Round in 2021
NowPay is a fintech company that develops and operates a platform to improve the financial wellness of corporate employees. The platform enables salary access and early wage payments, allowing employees to receive a portion of their earned wages at any time during the month, with repayment over multiple months via a mobile app. It also includes personal finance management tools for budgeting, saving, spending and borrowing, and provides salary balances and the maximum eligible loan amount. The company partners with employers to deliver these services, aiming to enhance employee happiness, productivity and loyalty. NowPay is based in Cairo, Egypt.
Wapi Pay
Pre Seed Round in 2021
Wapi Pay is a Nairobi-based company, established in 2019, that provides a secure payments gateway to facilitate digital transactions between Africa and Asia. This platform enables users to make payments through various methods, including mobile money and bank accounts, and supports integration between different financial platforms. Wapi Pay's technology allows for bulk payments, making it suitable for organizations processing salaries and business purchases. The company offers a range of payment options—Bank to Bank, Wallet to Wallet, Bank to Wallet, and Wallet to Bank—catering to both individuals and businesses. It aims to provide a faster and more affordable alternative to traditional telegraphic transfers, allowing for instant liquidity and service completion within 24 hours. Wapi Pay's infrastructure ensures electronic compliance and due diligence for its partners, thus enhancing cross-border commerce in agricultural and manufactured products. The company also has locations in Singapore and Beijing, underscoring its commitment to facilitating international trade.
Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.
NowPay is a fintech company that develops and operates a platform to improve the financial wellness of corporate employees. The platform enables salary access and early wage payments, allowing employees to receive a portion of their earned wages at any time during the month, with repayment over multiple months via a mobile app. It also includes personal finance management tools for budgeting, saving, spending and borrowing, and provides salary balances and the maximum eligible loan amount. The company partners with employers to deliver these services, aiming to enhance employee happiness, productivity and loyalty. NowPay is based in Cairo, Egypt.
Sanergy
Funding Round in 2020
Sanergy, Inc. focuses on enhancing sanitation infrastructure in urban slums, particularly in Nairobi, Kenya. Established in 2010, the company builds a network of low-cost sanitation centers equipped with essential facilities such as toilets and showers. These centers are then franchised to local entrepreneurs, with financial support from microfinance institutions. Sanergy not only provides access to hygienic sanitation but also collects human waste daily for processing. This waste is converted into valuable byproducts, including organic fertilizers and renewable energy through a biogas generation process. The organic fertilizers are sold to both commercial farms and smallholder farmers, while the generated biogas is used to produce electricity for sale. Sanergy's mission is to promote public health and environmental sustainability by creating an efficient and equitable sanitation system that addresses the needs of underserved urban communities.
Mobius Motors
Venture Round in 2020
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.
Tagaddod is an Egyptian renewable energy and waste-management company founded in 2013 and based in the Giza region. The company specializes in converting waste vegetable oil into biodiesel and other green fuels, contributing to sustainable energy and reduced environmental pollution. By producing biodiesel, Tagaddod provides a renewable fuel alternative compatible with conventional diesel engines, supporting cleaner transportation and waste valorization.