Kibo Capital Partners

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.

AirDog SIA is a company based in Riga, Latvia, that specializes in the design and manufacturing of airborne drones, particularly aimed at action sports enthusiasts and professionals. Established in 2012, the company is known for its flagship product, the AirDog, a foldable quadcopter that autonomously captures video by following a user wearing the AirLeash, a wearable tracking device. The AirDog is engineered for ease of transport and storage, protecting its components during travel. It features advanced motion prediction technologies and tracking algorithms that ensure precise camera control, allowing the user to remain centered in the shot without manual operation. As of May 2020, AirDog operates as a subsidiary of Alarm.com Holdings, Inc.

General Cargo Group (GCG) is a provider of logistics and transport solutions in the Kenyan market.

Ciel Healthcare Limited (‘CHL’) invests in and manages secondary and tertiary healthcare assets across Sub-Saharan Africa (SSA). CHL’s objective is to build a strong healthcare regional platform through the implementation of a ‘Buy and Build’ strategy. In line with this strategy, CHL and its investment partners have acquired majority stakes in Fortis Clinique Darne (Mauritius), International Medical Group (Uganda) and Hygeia Nigeria Limited (Nigeria).

Presdo, Inc. specializes in mobile event applications that enhance networking and engagement among event participants. Founded in 2009 and based in Mountain View, California, the company offers Presdo Match, a platform designed to facilitate connections at conferences and trade shows. Its applications allow users to manage event agendas, access a social directory featuring LinkedIn profiles, and schedule one-on-one meetings. Additionally, the platform includes features like interactive maps, activity planners, real-time analytics, and marketing tools to support event sponsors and exhibitors. By providing these functionalities, Presdo aims to simplify the networking experience and foster meaningful interactions among attendees.

MFinance is a financial services company in Zambia operating in the micro-finance segment of the market. It is licensed as a deposit taking institution by the Bank of Zambia ranking amongst the market leaders; it is part of the MFS Group, one of the leading diversified financial services groups in Zambia, listed on the Lusaka Stock Exchange. MFinance has two business units notably providing credit to salaried employees of public and private sector enterprises, through the salary-deduction mechanism, and to micro, small and medium sized enterprises (‘MSMEs’). In both segments of the market, the credit is for relatively modest amounts and for relatively short periods thereby reducing the risk of non-payment.

International Medical Group Limited, established in 1995 and based in Kampala, Uganda, operates in the healthcare sector, offering a range of services including medical insurance, diagnostic services, and pharmaceutical distribution. The company provides medical insurance to individuals, families, and businesses, and runs diagnostic centers that focus on wellness checks. Additionally, it supplies various pharmaceutical products, such as controlled drugs and medical consumables. The group encompasses several entities, including International Hospital Kampala, International Medical Centres, and International Health Sciences University, among others. International Medical Group Limited emphasizes applied research, education, and community-based services as part of its healthcare offerings.

Electro-Maxx (U) Ltd. is an independent power producer in Uganda. The company engages in the production and supply of electricity in East Africa. Electro-Maxx (U) Ltd. was founded in 2005 and is based in Kampala, Uganda.

Intendance Holding, through its subsidiaries provides insurance products and services, pensions, actuarial and investment businesses.

Orange Madagascar, based in Antananarivo, is a prominent provider of wireless telecommunications services in Madagascar. Founded in 1998 and formerly known as Societe Malgache de Mobiles, the company adopted its current name in 2003. As a subsidiary of Orange S.A., Orange Madagascar has established itself as the market leader in mobile telecommunications, boasting over 2 million subscribers and holding a 60% share of the market from 2005 to 2010. The company offers a range of services, including cellular and internet connectivity for both individual and corporate customers, utilizing modern 2.5G, 3G, and 4G networks. Additionally, Orange Madagascar has developed an undersea cable to enhance global connectivity, ensuring reliable communication for its users.

I&M Bank (T) Ltd. is a commercial bank based in Dar es Salaam, Tanzania, providing a range of banking services to both individual and commercial clients. Originally established in 1974 as CF Union Bank Limited, it rebranded to I&M Bank (T) Ltd. in September 2010. The bank operates as a wholly owned subsidiary of I&M Holdings Limited and maintains a network of branches throughout Tanzania, focusing on delivering financial solutions that cater to the diverse needs of its customers.