Norfund is a Norwegian government organization founded in 1997, based in Oslo, that focuses on reducing poverty and enhancing economic development in low-income countries. It serves as an active, strategic minority investor, providing risk capital, equity, and loans to businesses in regions where access to financing is limited. Primarily operating in Sub-Saharan Africa, as well as selected areas in Southeast Asia and Central America, Norfund aims to foster sustainable business growth in environments where the private sector is underdeveloped. The organization also invests in small and medium-sized enterprises (SMEs) to further support local economic initiatives. Through its investments, Norfund seeks to create a significant positive impact on the economies of the countries it targets.
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-KOPA Kenya Limited, established in 2011 and headquartered in Nairobi, specializes in developing and marketing solar home systems designed for off-grid customers. The company offers a range of solar products, including systems equipped with lights, phone charging capabilities, and solar-powered radios. M-KOPA began commercial operations in Kenya in 2012 and has since expanded its services to Uganda and Tanzania. The company operates through a network of over 1,000 retail agents and shops, employing a team of more than 500 staff. M-KOPA is recognized for its innovative "pay-as-you-go" energy services, which leverage a proprietary technology platform that integrates mobile payments and asset financing, facilitating access to affordable energy solutions for underserved communities. The firm is also exploring opportunities to license its technology to reputable partners in markets beyond East Africa.
responsAbility Renewable Energy Holding are energy efficiency and renewable energy investments are dedicated to contributing to the mitigation of climate change through the reduction of greenhouse gas emissions.
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.
Neofresh (Pty) Ltd. is an Agri-business located in the Mpumalanga Lowveld of South Africa, focusing on the production, packaging, and marketing of subtropical fruits. The company specializes in papaya and litchi, while also cultivating a variety of other fruits including mango, lemon, blueberry, and macadamia nuts. Neofresh operates its own farms and pack houses, employing efficient production techniques to ensure high yields and quality. By utilizing conventional breeding methods, the company aims to provide consumers with fresh and healthy fruit options.
Freight in Time Limited provides logistic solutions in Africa. The company provides sea freight, air freight, project cargo, express and courier, warehousing and distribution, and inter-regional transportation solutions, as well as sea air solutions from the east. It serves perishables, pharmaceutical and healthcare, telecommunications and ICT, humanitarian and relief, mining, and oil and gas sectors. The company was founded in 1998 and is based in Nairobi, Kenya.
Globeleq Generation Limited develops, builds, and operates renewable power projects in Africa and the Americas. It operates a portfolio of natural gas, solar, wind, HFO, and fuel oil power generation assets. The company was founded in 2002 and is based in London, United Kingdom with regional offices in Nairobi, Kenya; Cape Town, South Africa; and Doula, Cameroon.
Vertical Agro Limited is an independent, vertically integrated company based in Naivasha, Kenya, specializing in the production, processing, exporting, and marketing of fresh and frozen vegetables and fruits. The company operates a state-of-the-art processing facility that adheres to strict food safety standards, ensuring high-quality products for its customers. As a leading grower and exporter in the region, Vertical Agro focuses on delivering the best quality produce, thereby meeting the demands of both local and international markets.
Advans Group is an international microfinance organization established in August 2005 and headquartered in Luxembourg. As the venture capital investment arm of Horus Development Finance, it specializes in providing equity, loans, and guarantees primarily to microfinance institutions across Africa, the Middle East, and Asia. Advans Group aims to strengthen local businesses, enhance job creation, and improve living standards, thereby promoting private sector-led economic and social development in these regions. One of its subsidiaries, Advans Tunisie, focuses on offering microfinance and credit solutions tailored for retailers, wholesalers, artisans, small industries, services, and small-scale farmers in Tunisia. As a majority shareholder in its investments, Advans Group typically assumes a lead role in the microfinance institutions it supports.
REH focuses on the development, construction and operation of green-field and refurbished independent power plants (IPPs) in the range of 5MW to 50 MW across Southern Africa.
African Century Infrastructure Services offers equipment on lease to support the development of the oil and gas industry in Tanzania and Mozambique. It provides large scale machinery and other equipment such as forklifts and portable heavy duty cranes.
SN Power invests in clean, renewable energy on commercial basis in emerging markets. The company has operations in Southeast Asia, Africa, and Central America and the focus is to acquire, develop, construct and operate hydropower assets. SN Power has several running Hydropower plants in The Philippines, Laos, Zambia and Panama, and the company consist of a multinational team of people employed globally in its operations and projects. In addition to the operating assets, SN Power has an office in Amsterdam, Netherlands and is Head-quartered in Oslo, Norway.
Asilia Africa Ltd. is an ecotourism company based in Arusha, Tanzania, founded in 2004. It operates 13 luxury camps and lodges that provide a variety of safari experiences, including flying safaris, beach combinations, and activity-based adventures. The company aims to positively impact the natural habitats where it operates and the communities surrounding them. By offering personalized service and expert guiding in remote settings, Asilia Africa seeks to create unforgettable safari experiences that connect travelers with the continent's wildlife and landscapes. The company's commitment extends to promoting sustainability and enhancing the future of both nature and local communities.
DFCU Bank, established in 1964 and headquartered in Kampala, Uganda, is a prominent financial institution offering a wide range of commercial banking products and services. The bank provides savings and investment accounts, personal and corporate credit, trade finance, and foreign exchange trading, alongside internet and mobile banking solutions. DFCU Bank also specializes in providing medium and long-term financing to various sectors, including agro-processing, education, health, manufacturing, transport, hospitality, tourism, and construction. With a network of 63 branches and 100 ATMs, DFCU Bank plays a significant role in promoting small and medium enterprises (SMEs) and supporting women in business, contributing to the economic development of Uganda. DFCU Limited operates as a subsidiary of Arise B.V.
African Century Foods
Private Equity Round in 2013
African Century Foods (ACF) is Sub-Sahara Africa’s aquaculture producer with tilapia farms in Zimbabwe, Zambia and Uganda. Its supply of affordable, high-quality fresh protein is important in countries facing challenges related to the availability and affordability of food supplies.
Bio2Watt is the production of methane and carbon dioxide is a natural consequence of the degradation of organic waste. In this plant, the process is accelerated and the methane is captured and used to generate electricity using gas engines. The technology is established and commercially proven with many biogas plants operating in Asia, Europe and the Americas.The generation capacity of the biogas plant is 4.2 MW, providing an estimated 35 GWh of energy per year.
Basecamp Explorer AS, through its subsidiaries, provides tour services to see the natural environments. Basecamp Explorer AS was formerly known as Ecco Travel Group AS and changed its name to Basecamp Explorer AS on May, 2002. Its tourist destinations include Svalbard, Norway; Masai Mara and Lamu, Kenya; Solovki, Russia; Rajasthan and Dharamsala, India; and Pyrenees, France, as well as Spitsbergen in Arctic Circle. Basecamp Explorer AS was formerly known as Ecco Travel Group AS. The company was founded in 1998 and is based in Oslo, Norway. It has subsidiaries in Norway, Sweden, Kenya, India, and Russia.
Family Bank is a fully-fledged commercial bank since May 2007. The Bank is regulated by the Central Bank of Kenya (CBK) and is a member of the Kenya Deposit Insurance Corporation. The Bank is growing with over 1.7 million customers and a network of 93 branches countrywide. It was the first Bank in Kenya to introduce paperless banking through smart card technology.
Real People is a financial institution that offers credit to small enterprises and individuals who otherwise have limited access to financial services in South Africa and other countries in the region. Real People is one of South Africa’s largest non-banking independent financial services provider that has been operating in Southern Africa for more than 15 years. Real People is a consumer finance and mortgage financing institution that targets customers from previously disadvantaged communities, with low to moderate household earnings who would traditionally not qualify for credit from the banking institutions in South Africa.
Green Resources is a afforestation company and a leader in East African wood processing. The company has 40,000 ha of standing forest in Mozambique, Tanzania and Uganda, established through its own planting activities. It operates East Africa’s largest sawmill in Tanzania and electricity pole and charcoal plants in Mozambique, Tanzania and Uganda.