Proparco

Proparco is a Paris-based organization established in 1977 that specializes in providing private sector funding for sustainable development initiatives. It focuses on financing and supporting companies and financial institutions across Africa, Asia, Latin America, and the Middle East. Proparco targets key development sectors, including infrastructure—especially renewable energy—agriculture, financial institutions, health, and education. The organization aims to enhance the role of private entities in achieving the Sustainable Development Goals (SDGs) established by the international community in 2015. By financing projects that create jobs, provide essential goods and services, and combat climate change, Proparco contributes to sustainable economic growth and development. Its financing solutions include loans, guarantees, equity, and quasi-equity options tailored to the needs of the private sector.

Sadio Dicko

Deputy Regional Director

Ariane Ducreux

Director of energy, digital and infrastructure

Djalal Khimdjee

Deputy CEO and Board Member

Natascha Korvinus

Principal, Finance

Gregor Quiniou

Principal

103 past transactions

SeA Bank

Post in 2025
SeA Bank is a banking institution that provides various services. The bank gives small businesses, large enterprises, and individuals access to a variety of banking products and services, including daily banking services, cards, including debit and credit cards, savings services, home loans, auto loans, and international transaction services. While preserving the expansion of large organizations, it places an emphasis on professional households and small and medium-sized businesses. SeA Bank was established in 1994 in Hanoi, Vietnam.

Badili

Debt Financing in 2025
Badili is a Nairobi-based company established in 2021 that specializes in the buying and selling of used and refurbished mobile phones. The company operates a re-commerce platform aimed at making affordable, high-quality used phones accessible to a broad audience. By providing a diverse selection of renewed mobile devices, Badili enables customers to save money while also contributing to the reduction of electronic waste by extending the life cycle of used phones.

BAC Credomatic

Debt Financing in 2025
BAC Credomatic is a retail banking organization with a strong presence in South America and Central America, operating in countries such as Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, the Bahamas, the United States, and Grand Cayman. The company is committed to continuous improvement and is driven by a passion for excellence, innovation, and creativity. BAC Credomatic provides a diverse array of financial products and services, catering to the varied needs of its customers across its extensive geographic footprint.

Ecoener

Debt Financing in 2025
Ecoener engages in the development, construction, and management of renewable energies.

First City Monument Bank

Debt Financing in 2025
First City Monument Bank, established in 1982 and headquartered in Lagos, Nigeria, is a prominent commercial bank that offers a diverse array of financial services. As part of the FCMB Group, the bank caters to individuals, small and medium enterprises, and large corporations through its personal, business, and corporate banking divisions. Its offerings include loans, savings and current accounts, credit cards, and online banking, facilitating digital transformation in the banking sector. Additionally, First City Monument Bank provides specialized services such as cash management, foreign exchange, corporate finance, and trade services, which encompass financial advisory, capital raising, and infrastructure financing.

Alya

Seed Round in 2025
Alya is a FinTech company specializing in installment payment solutions across Africa. It empowers consumers to make interest-free, fee-free purchases over time, both online and in-store. Alya integrates seamlessly with retailers and merchants, helping them boost sales and customer loyalty, while ensuring secure transactions.

Acciona

Post in 2025
Acciona is a leading Spanish corporation specializing in sustainable solutions for infrastructure and renewable energy projects. Established over a century ago, it employs more than 30,000 people and operates in over 30 countries across five continents. The company is structured into two main divisions: energy and infrastructure. The energy division emphasizes renewable technologies, focusing on wind, solar, hydro, and biomass, while the infrastructure division includes construction, water treatment, and various service lines. Acciona undertakes projects through government concessions or independent opportunities, ensuring a commitment to sustainability through its Sustainability Master Plan, which aims to facilitate the transition to a low-carbon economy by optimizing resource use and minimizing environmental impact.

Sahyadri Farms

Series B in 2024
Sahyadri Farms is an integrated fruits and vegetables value chain established on January 11, 2011, in Nasik, Maharashtra, by Shitij Agrawaal. The initiative is fully managed by farmers who possess a deep understanding of the challenges faced by small-landholding farmers. Sahyadri Farms focuses on transforming the landscape of traditional Indian farming by procuring, processing, and marketing a diverse range of products, including fresh fruits like grapes and various vegetables, as well as processed foods such as aseptic pulps and frozen fruit pulps. The company aims to empower its network of small and marginal farmers by facilitating their access to domestic and international markets, thereby enhancing their livelihoods and promoting sustainable agricultural practices.

Grupo DIFARE

Debt Financing in 2024
A conglomerate made up of pharmaceutical and consumer companies, Grupo DIFARE is an international conglomerate. The company engages in promoting the pharmaceutical and consumer sector through pharmaceutical distribution, development of pharmacies, and representations of products with presence in the 4 regions of Ecuador. The company aims at improving the quality of health and well-being of people by contributing to the pharmaceutical and consumer sectors.

Equator

Venture Round in 2024
Equator Venture Capital, founded in 2023 and based in Nairobi, Kenya, operates as a venture capital firm focused on technology-enabled, early-stage ventures. The firm has a presence in Nairobi, Lagos, London, and Colorado, targeting investments in sectors such as energy, agriculture, and mobility. Equator aims to accelerate an equitable climate transition in Sub-Saharan Africa while promoting inclusive economic growth. The firm is supported by a team of experienced technologists, operators, and investors who possess extensive knowledge in scaling early-stage ventures within climate-positive sectors across the region.

Grp

Post in 2024
GRP manufactures reclaimed rubber from used tyres, upscaled polyamide from nylon waste, and engineered products die-cut from end-of-life tyres. They provide reclaimed rubber, engineering plastics, repurposed polyolefins, polymer composites, and custom die forms. They create a sustainable supply chain and organisational linkages.

Letshego Holdings

Debt Financing in 2024
Letshego Holdings is a regional financial services provider in Africa, specializing in consumer lending. The company offers short to medium-term secured and unsecured loans primarily to employees in the public, quasi-public, and private sectors. It serves various customer segments, including small and micro-entrepreneurs, salaried employees, and civil servants. Operating across multiple African countries, including Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania, and Uganda, Letshego aims to meet the diverse financial needs of its clients while promoting financial inclusion in the region. The company considers its banking and other financial services as a unified operating segment, focusing on delivering accessible credit solutions to enhance economic empowerment.

Beacon Power Services

Series A in 2024
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

Win

Private Equity Round in 2024
Win is an internet service provider-based company. That provides fiber-optic channeling, growing in Lima and Callao, and thanks to this wide coverage it can optimally satisfy condominiums in different districts, without worrying about cuts or saturation of the service. It is currently deploying fiber through the districts of Lima.

Lapaire

Debt Financing in 2024
Lapaire Glasses Kenya Ltd. is a manufacturer and retailer of eyewear products, including prescription glasses and sunglasses, aimed at making eye care accessible and affordable for the lower and middle-income populations in Africa. Founded in 2018 and headquartered in Nairobi, Kenya, the company utilizes innovative technology to provide free vision tests and a range of eyewear options to the estimated 550 million Africans in need of corrective lenses. Lapaire operates an online shop and offers accommodating services such as 24/7 online chat, mobile clinics for free vision testing, free delivery, and flexible payment plans. In addition to its operations in Kenya, Lapaire serves customers in Uganda, Ivory Coast, Burkina Faso, and Mali, with a commitment to improving eye health and vision across the continent.

Engie

Post in 2024
ENGIE is an international energy company that focuses on providing sustainable energy solutions while promoting a transition to a carbon-neutral world. The company operates across various sectors, including electricity, natural gas, and energy services, with a strong commitment to lowering energy consumption and enhancing environmental impacts. ENGIE is a major player in Brazil, where it holds significant installed power generation capacity, primarily from clean, renewable sources. With operations spanning nearly 70 countries worldwide and a workforce of approximately 152,900 employees, ENGIE is dedicated to reconciling economic growth with social progress and environmental preservation. The firm’s history includes the merger of Gaz de France and Suez in 2008, followed by the acquisition of International Power in 2012 and a subsequent rebranding in 2015. Engie continues to prioritize its role in the energy transition while maintaining its position as a leading energy provider both in established and emerging markets.

Ho Chi Minh City Development

Post in 2024
HDBank, established in 1990, is one of the pioneering joint-stock commercial banks in Vietnam. Over its more than 30 years of operation, it has grown to become a leading financial institution in the country, with an expanding international presence. HDBank offers a comprehensive range of banking services tailored to meet the needs of retail customers, corporations, and investors. The bank is recognized for its strong financial capabilities and the adoption of modern technology, which enhance its service delivery and operational efficiency. HDBank is committed to providing quality financial solutions that support the growth and development of its clients.

RubyX

Debt Financing in 2024
RubyX is a digital lending platform that specializes in microfinance, providing loans targeted at income-generating activities. The company focuses on serving small businesses in emerging markets by facilitating digital lending for service providers. This allows non-lending entities, such as digital platforms, to seamlessly integrate lending features into their services, thereby enhancing access to financial resources for entrepreneurs in these regions. RubyX's innovative approach aims to foster economic growth by providing crucial financial support to small businesses that often struggle to secure traditional financing options.

WIOCC

Debt Financing in 2024
WIOCC is a specialist provider of wholesale telecommunications services, focusing on high-capacity connectivity between Africa and global markets. It offers tailored solutions, including global connectivity, IP transit, metro connections, and colocation, catering primarily to carriers, mobile operators, ISPs, cloud operators, and content providers. With a presence in over 30 African countries and key global centres, WIOCC is renowned as Africa's "carriers' carrier," offering flexible bandwidth packages designed to facilitate the growth of fixed and mobile broadband markets across the continent.

Serengeti Energy

Grant in 2024
Serengeti Energy is a company that focuses on the development, construction, and operation of renewable energy projects, particularly run-of-river hydropower initiatives in Southern Africa. It specializes in both greenfield projects and the refurbishment of existing independent power plants. In addition to its core activities, Serengeti Energy invests in and co-develops small and medium-sized energy projects, ensuring that all operations yield positive impacts on local markets and communities. The company also provides installation and maintenance services for semiconductors utilized in the renewable energy sector.

Sonatel

Debt Financing in 2024
Sonatel SA, headquartered in Dakar, Senegal, is a leading telecommunications provider in West Africa, offering a wide range of services including fixed line, mobile, Internet, television, voice, and mobile money to both individuals and businesses. Established in 1985, Sonatel operates in Senegal and has expanded its reach to Mali, Guinea Bissau, Guinea, and Sierra Leone. The company has developed a modern, fully digitized network supported by high-speed optical fiber submarine cables, boasting one of Africa's largest Internet bandwidths at 6.5 Gbps. Through its Orange brand, Sonatel facilitates the convergence of mobile, Internet, and television technologies, playing a crucial role in the economic development of Senegal and positioning the country as a telecommunications hub in the region.

KCB Group

Debt Financing in 2024
KCB Group Plc is the largest commercial bank in East Africa, established in 1896 in Kenya. The bank has expanded its operations across several countries, including Tanzania, South Sudan, Uganda, Rwanda, Burundi, and Ethiopia, and it also owns the National Bank of Kenya. With the largest branch network in the region, KCB operates 354 branches, 1,103 ATMs, and collaborates with over 26,000 merchants and agents to provide banking services around the clock. Besides its core banking services, KCB Group has diversified into non-banking ventures, including KCB Insurance Agency, KCB Capital Limited, and KCB Foundation. The company emphasizes digital banking, offering mobile and internet banking services along with a 24-hour contact center for customer support. Furthermore, KCB maintains a network of over 200 correspondent banks globally, ensuring effective facilitation of international trade for its clients.

Maad

Debt Financing in 2024
Maad is a leading B2B marketplace based in Dakar, Senegal, focused on serving small retailers and Fast-Moving Consumer Goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that allows retailers to efficiently order products from a centralized source. Maad enhances the purchasing experience by providing services such as mobile ordering, reliable delivery, and access to data on real-time product availability and market share. Additionally, the platform offers targeted promotional services and working capital loans, empowering businesses to strengthen their sales and operational capabilities. Through its innovative approach, Maad is positioned as a vital player in the region's e-commerce landscape.

QMC Telecom International

Debt Financing in 2024
QMC Telecom International is a telecommunications infrastructure provider that specializes in developing, owning, and managing wireless sites for carriers in Puerto Rico. Established in 2011 and headquartered in São Paulo, Brazil, with an additional office in San Juan, the company focuses on delivering comprehensive site development services tailored for telecommunications operators. QMC Telecom offers a range of services, including the leasing of towers and rooftop sites, aimed at facilitating reliable and timely installations of wireless connectivity. Through its infrastructure solutions, the company supports the growing demand for cellular telecommunication services in the region.

NCBA Group

Private Equity Round in 2024
NCBA Group Plc is a financial services conglomerate operating in East and West Africa. The company offers a range of services, including retail, corporate, and digital banking, as well as brokerage, bancassurance, and investment banking. Its operations are divided into five segments: Corporate and Institutional Banking, Retail Banking (which encompasses SME and Consumer Banking), Treasury Dealing, Digital Banking, and Investment Banking. The majority of its revenue is generated from Kenya, with additional contributions from Uganda, Tanzania, and Rwanda.

Ecobank

Post in 2023
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.

Dakar Mobilite

Debt Financing in 2023
Dakar Mobilité is the Senegalese business that operates the Dakar BRT. The company is concerned with road safety, air pollution, and greenhouse gas emissions.

Netis Group

Acquisition in 2023
Netis Group provides telecommunication infrastructure solutions and services to the industry.

DRU

Seed Round in 2023
DRU is a pioneering digital health platform based in the Middle East and Africa (MEA), focusing on diabetes and lifestyle management. Launched in 2023, DRU is the first patient-centric, digitally-enabled platform of its kind in the region. It aids in the prevention and management of diabetes, prediabetes, and obesity by providing users with a comprehensive, all-in-one app to monitor and track their health. Key features include continuous blood sugar and blood pressure level tracking, a digital logbook for medical records, and integration with various monitoring devices. DRU also offers round-the-clock medical support and connects users with a wide network of specialized healthcare providers. The platform is available for download on the Apple Store and Google Play, serving millions of users across Egypt and the MEA region. DRU was founded by Almouneer, a leading digital transformation platform revolutionizing healthcare in the MEA.

Almouneer

Seed Round in 2023
Healthcare, Diabetes, Practice Management, Technology

Husk Power Systems

Series D in 2023
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

ZIZ Energie

Debt Financing in 2023
ZIZ Energie is a Chadian company that specializes in developing, financing, constructing, and operating decentralized electrical grids, known as metro-grids. They focus on providing power solutions for both rural and urban areas, aiming to facilitate access to green energy. Additionally, ZIZ Energie offers construction services related to electrification projects and supplies electrical products and equipment. They also provide tailored energy services to industrial and commercial clients.

Águas do Rio

Debt Financing in 2023
Aguas do Rio is responsible for sanitation services in 27 municipalities in the state of Rio de Janeiro.

Complete Farmer

Seed Round in 2023
Complete Farmer Ltd. is an innovative agricultural services company based in Accra, Ghana, founded in 2017. It specializes in building and managing crop farms while providing an end-to-end digital agriculture platform that facilitates the sourcing of quality farm produce. The company leverages Internet of Things technology and machine learning algorithms to enable farm owners to continuously monitor crop health and farming processes. By eliminating intermediaries, Complete Farmer allows individuals globally to conveniently invest in and own farms, thereby promoting food security and supporting nutritious eating. Additionally, the company offers education and training to farmers, ensuring they meet industry specifications and maintain high-quality standards in their produce.

ANKA

Debt Financing in 2023
ANKA is an e-commerce platform dedicated to the discovery, buying, and selling of African fashion, arts, and crafts. Founded with the mission to connect creators and enthusiasts of African culture, ANKA enables users to engage with a diverse range of products, including clothing, jewelry, and art. The platform serves as a marketplace that facilitates direct transactions between buyers and sellers globally, ensuring a user-friendly and secure experience. ANKA aims to support African creators by providing them with opportunities to thrive in their crafts while allowing customers worldwide to appreciate and acquire unique African creations. Based in Abidjan, Ivory Coast, ANKA has established itself as a significant player in promoting and celebrating African artistry.

ANKA

Seed Round in 2023
ANKA is an e-commerce platform dedicated to the discovery, buying, and selling of African fashion, arts, and crafts. Founded with the mission to connect creators and enthusiasts of African culture, ANKA enables users to engage with a diverse range of products, including clothing, jewelry, and art. The platform serves as a marketplace that facilitates direct transactions between buyers and sellers globally, ensuring a user-friendly and secure experience. ANKA aims to support African creators by providing them with opportunities to thrive in their crafts while allowing customers worldwide to appreciate and acquire unique African creations. Based in Abidjan, Ivory Coast, ANKA has established itself as a significant player in promoting and celebrating African artistry.

Nuru

Series B in 2023
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

TUHF

Debt Financing in 2023
TUHF Limited is a commercial property finance company headquartered in Johannesburg, South Africa, specializing in financing for inner-city precincts and surrounding areas. Established in 2003, the company offers long-term loans secured by mortgage collateral to assist entrepreneurs in acquiring, constructing, and improving properties. In addition to long-term financing, TUHF provides bridge and short-term loans to address temporary financial needs. The company focuses on delivering guidance and risk management to its clients, ensuring that entrepreneurs have the necessary support and resources to succeed in the property market. TUHF Limited operates as a subsidiary of TUHF Holdings Limited and was formerly known as TUHF Proprietary Limited until its name change in 2015.

Maad

Debt Financing in 2023
Maad is a leading B2B marketplace based in Dakar, Senegal, focused on serving small retailers and Fast-Moving Consumer Goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that allows retailers to efficiently order products from a centralized source. Maad enhances the purchasing experience by providing services such as mobile ordering, reliable delivery, and access to data on real-time product availability and market share. Additionally, the platform offers targeted promotional services and working capital loans, empowering businesses to strengthen their sales and operational capabilities. Through its innovative approach, Maad is positioned as a vital player in the region's e-commerce landscape.

Quadria Capital

Venture Round in 2023
Quadria Capital, established in 2012, is a Singapore-based private equity firm with an additional office in New Delhi. The company specializes in investing in the high-growth healthcare sector across South Asia and Southeast Asia, focusing on mid-sized companies in healthcare delivery, life sciences, medical technology, and associated healthcare services. Quadria Capital aims to generate significant financial returns for its investors by addressing critical and undersupplied healthcare needs in the region, leveraging its team's operational and transactional experience in the sector.

Gravita India

Post in 2023
Gravita India Ltd. is an Indian corporation based in Tilak Nagar, Jaipur, specializing in the manufacturing of lead metal and various lead products. The company operates in multiple business segments, including lead processing, aluminium processing, turnkey solutions, and plastic manufacturing. Gravita India produces a range of products, primarily focusing on lead, aluminium, and plastics. While the majority of its revenue comes from the lead processing segment, the company also engages in the export of its products to international markets, including the United Arab Emirates and South Korea.

Raxio Data Centre

Debt Financing in 2023
Raxio Group is Africa’s leading carrier-neutral data centre operator, delivering best-in-class colocation, cross connect, fibre and IT infrastructure services. With our local market knowledge and global nexus of industry experts and partners, we build and operate a network of connected data centres that will serve as the foundation of Africa’s digital economy.

Nuru

Convertible Note in 2023
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Svatantra

Debt Financing in 2023
Svatantra is a next-generation microfinance entity led by Ms. Ananya Birla, offering unique banking solutions to underserved populations. Utilizing technological innovation, Svatantra aims to provide banking services to those who are traditionally excluded from the financial system.

Fleeti

Seed Round in 2023
Fleeti specializes in smart fleet management and geotracking solutions, leveraging Internet of Things (IoT) technology to optimize fleet operations. The company provides a comprehensive suite of services including GPS tracking, route optimization, fuel management, maintenance monitoring, and automobile sharing. By focusing on these features, Fleeti enables organizations to enhance the efficiency, safety, and sustainability of their fleet activities. Additionally, the company supports clients in reducing their fleet's environmental impact and implementing effective safety policies. Through its innovative solutions, Fleeti facilitates the digitization and integration of various operational aspects, promoting better management and performance in fleet operations.

Workpay

Seed Round in 2023
Workpay, established in 2017 and headquartered in Nairobi, Kenya, specializes in providing cloud-based payroll, benefits, and human resource management software tailored for small and medium-sized businesses in Africa. Its comprehensive solution includes time and attendance tracking, HR and payroll processing, employee self-service management, and payment processing, including support for mobile wallets. Workpay simplifies employee management and ensures compliance, enabling businesses to hire both local and remote teams across Africa without the need for local entities.

Laprophan

Venture Round in 2023
Laprophan is a pharmaceutical company dedicated to providing innovative treatments and therapies to healthcare professionals and patients globally. The company focuses on the research, development, and manufacturing of a diverse range of medicines, including anti-inflammatory, anti-infective, cardiovascular, central nervous system, and gastrointestinal products. Laprophan aims to deliver therapeutic solutions that are both effective and affordable, reflecting its commitment to patient-centered care in all aspects of its operations, from product development to service delivery.

Jetstream Africa

Seed Round in 2023
Jetstream Africa Limited is a cloud-based logistics company headquartered in Accra, Ghana, established in 2018. The company operates a digital platform that facilitates cross-border marine logistics services for African businesses. It specializes in freight forwarding and global exports, enabling small and medium-sized enterprises (SMEs) to access international trade more easily. By offering services such as shipment booking and tracking, as well as consolidated shipping options, Jetstream enhances the supply chain experience for its users, effectively leveling the playing field in the competitive global market.

Sun King

Debt Financing in 2022
Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.

Sahyadri Farms

Venture Round in 2022
Sahyadri Farms is an integrated fruits and vegetables value chain established on January 11, 2011, in Nasik, Maharashtra, by Shitij Agrawaal. The initiative is fully managed by farmers who possess a deep understanding of the challenges faced by small-landholding farmers. Sahyadri Farms focuses on transforming the landscape of traditional Indian farming by procuring, processing, and marketing a diverse range of products, including fresh fruits like grapes and various vegetables, as well as processed foods such as aseptic pulps and frozen fruit pulps. The company aims to empower its network of small and marginal farmers by facilitating their access to domestic and international markets, thereby enhancing their livelihoods and promoting sustainable agricultural practices.

liwwa

Debt Financing in 2022
liwwa, Inc. is a peer lending platform based in Amman, Jordan, established in 2013. The company connects small and medium-sized enterprises (SMEs) seeking capital with individual and institutional investors looking to diversify their investment portfolios. Through its platform, liwwa enables borrowers to apply for small business loans, facilitating access to necessary funds while allowing investors to earn regular monthly returns. The company conducts in-house evaluations of borrowers' creditworthiness and employs a lease-to-own model that provides interest-free returns for investors. By focusing on the MENA region, liwwa aims to enhance capital access for small businesses and create investment opportunities for individuals and institutions.

Northern Arc

Debt Financing in 2022
Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.

Annapurna Finance

Series A in 2022
Annapurna Finance is a microfinance company dedicated to the financial and economic upliftment of underserved women and economically backward clients. The firm focuses on expanding microfinance operations in areas that remain outside the formal financial system, providing essential financial and technical support to help clients develop entrepreneurial skills and engage in business activities. Annapurna Finance offers a range of services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans tailored to the specific needs of its clients, ensuring that they receive the financial assistance necessary for economic empowerment throughout various stages of their lives.

Moringa School

Seed Round in 2022
Moringa School is an educational institution focused on developing technical skills in software development and data science. It offers intensive training programs in areas such as software engineering, computer programming, machine learning, and product design. The school aims to equip students with the skills necessary to thrive in the global digital economy, providing both full-time and part-time education options. Moringa School emphasizes practical learning and professional development, enabling its graduates to compete effectively in various tech-related fields. Through its comprehensive curriculum, the institution prepares individuals for careers in software architecture, UI/UX design, and other critical areas of technology.

GOMYCODE

Series A in 2022
GoMyCode is an educational platform that focuses on equipping students with essential digital skills through a blend of online and offline learning experiences. Founded in 2017 and headquartered in Tunis, Tunisia, the company has expanded its presence to Algeria, France, and Morocco. GoMyCode offers a range of training programs in areas such as artificial intelligence, web development, deep learning, DevOps, UX design, and digital marketing. By utilizing data-driven assessments and matching techniques, the platform not only enhances learners' skills but also connects them with global tech opportunities. Its innovative approach aims to empower individuals by providing them with the knowledge and competencies needed for the future workforce.

Maris Africa

Venture Round in 2022
Maris Africa is an investment holding company based in Grand Baie, Mauritius, focused on fostering sustainable, long-term growth across various sectors in Africa. The company specializes in investing in early-stage and startup small and medium enterprises (SMEs), particularly in property services, business services, mining, and agriculture and forestry. Maris Africa aims to develop its portfolio companies into scalable and cash-generating businesses, emphasizing active community engagement and proactive management of environmental, social, and governance (ESG) risks. Through its strategic investments, Maris Africa seeks to contribute positively to the economic landscape while ensuring responsible business practices.

Serengeti Energy

Venture Round in 2022
Serengeti Energy is a company that focuses on the development, construction, and operation of renewable energy projects, particularly run-of-river hydropower initiatives in Southern Africa. It specializes in both greenfield projects and the refurbishment of existing independent power plants. In addition to its core activities, Serengeti Energy invests in and co-develops small and medium-sized energy projects, ensuring that all operations yield positive impacts on local markets and communities. The company also provides installation and maintenance services for semiconductors utilized in the renewable energy sector.

Enko Education

Series B in 2022
Enko Education operates a network of international secondary schools across Africa, providing students with a pathway to admission at top universities worldwide. The organization focuses on delivering an innovative educational model based on an internationally recognized curriculum. By offering quality education at discounted fees, Enko Education aims to prepare learners for global academic opportunities and foster their development in a competitive educational landscape.

KELIX Bio

Venture Round in 2022
KELIX Bio is a biopharmaceutical company that specializes in the development and distribution of high-complexity generic medicines, targeting underserved populations in emerging markets, particularly in Egypt and North Africa. The company focuses on differentiated therapeutic areas, including oncology, and aims to enhance the availability and affordability of essential pharmaceuticals in these regions. By leveraging innovation and cost leadership, KELIX Bio seeks to address the challenges faced by healthcare systems in providing access to critical medications, ultimately improving health outcomes for patients in its markets.

Respublica

Private Equity Round in 2022
Respublica develops and manages student accommodation places in South Africa.

Goodlife Pharmacy

Debt Financing in 2022
GoodLife Pharmacy is a retail pharmacy chain based in Nairobi, Kenya, serving over 600,000 customers through 19 convenient locations across East Africa. The company specializes in providing trusted pharmaceuticals and wellness products, alongside a range of health services. These services include monitoring blood pressure, blood glucose levels, and body mass index, as well as offering malaria testing, family nutrition guidance, doctor consultations, and laboratory services. By focusing on affordability and accessibility, GoodLife Pharmacy aims to enhance healthcare availability for its customers.

Paps

Seed Round in 2022
Paps is a transport and logistics company based in Dakar, Senegal, founded in 2016. It provides innovative distribution and delivery solutions for businesses and merchants through its e-commerce platform, which allows real-time scheduling and tracking of deliveries. Paps specializes in the transportation of documents and parcels, secure storage, and the insured delivery of packages either to relay points or through last-mile services. The company’s logistics application features live tracking, an intelligent address system, and automatic dispatch, ensuring a fully digitalized postal logistics service that facilitates timely movement of shipments. Additionally, Paps offers professional services, including cash on delivery management, courier provision, return management, collection, and periodic reporting, catering to a wide range of logistical needs.

MAX

Series B in 2021
MAX is a company that specializes in providing motorcycle taxi and transport services, focusing on the last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, MAX connects consumers, retail businesses, and independent drivers in real-time, effectively removing logistical and technological barriers that have hindered retail growth on the continent. Additionally, MAX offers electric and low-emission vehicle subscription services tailored for commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. The company aims to ensure that independent drivers have access to safe, reliable, and sustainable mobility solutions, thereby enhancing the overall transport landscape in Africa.

Caisse Régionale de Refinancement Hypothécaire (CRRH-Uemoa)

Debt Financing in 2021
CRRH-UEMOA is a regional initiative to improve housing finance in UEMOA countries. It seeks to mobilize long-term resources at competitive rates for the benefit of its shareholder bank and SFD clientele for the refinancing of housing loans granted to their customers. In addition to the resources it raises on the financial markets through bond issuances, CRRH-UEMOA raises concessional resources from development partners for the refinancing of housing loans in favor of low-income and/or irregular households by banks and DFS.

WIOCC

Debt Financing in 2021
WIOCC is a specialist provider of wholesale telecommunications services, focusing on high-capacity connectivity between Africa and global markets. It offers tailored solutions, including global connectivity, IP transit, metro connections, and colocation, catering primarily to carriers, mobile operators, ISPs, cloud operators, and content providers. With a presence in over 30 African countries and key global centres, WIOCC is renowned as Africa's "carriers' carrier," offering flexible bandwidth packages designed to facilitate the growth of fixed and mobile broadband markets across the continent.

BCP Bank

Debt Financing in 2021
BCP Bank (Mauritius) Ltd is a generalist bank based in Ebene, Mauritius, offering a wide range of banking and financial services. Founded in 2003, the bank provides various accounts, loans, financing solutions, and bank guarantees, catering to individuals, professionals, small and medium enterprises, and corporate clients. In addition to traditional banking services, BCP Bank offers insurance products, foreign exchange services, treasury management, payment services, and private banking. The bank operates six branches and is recognized for its strong presence in both domestic and international markets. Formerly known as Banque Des Mascareignes Ltee, the institution rebranded to BCP Bank (Mauritius) Ltd in March 2019 and operates as a subsidiary of Banque Centrale Populaire and Groupe Sipromad SA.

Khan Bank

Debt Financing in 2021
Khan Bank is a universal bank based in Mongolia, providing a wide range of banking and financial services to consumers, small and medium enterprises, and corporate clients. The bank offers various products including consumer loans, mortgage loans, herd loans, and business loans. In addition to traditional lending, Khan Bank provides internet and telephone banking services, banking card services, and facilitates foreign payments. The institution also engages in insurance brokerage services, aiming to support customers in their financial growth and contribute positively to societal well-being.

Africa Mobile Networks

Private Equity Round in 2021
Africa Mobile Networks Ltd is a company focused on financing, building, and operating mobile network base stations in Sub-Saharan Africa, aiming to connect underserved rural populations. Established in 2013 and headquartered in Milton Keynes, United Kingdom, the company utilizes low power Base Transceiver Station (BTS) transmitters paired with Very Small Aperture Terminal (VSAT) satellite technology to facilitate mobile connectivity. By directing traffic onto existing networks and employing solar panels for power, Africa Mobile Networks enables mobile network operators to expand their reach without significant capital expenditures. The company also engages in identifying opportunities within different countries, developing business plans, and collaborating with local partners to support the establishment of mobile infrastructure and services.

Banco Sofisa

Debt Financing in 2021
Banco Sofisa is a commercial bank based in Brazil that offers a range of banking and financial services to both individuals and businesses. The institution focuses on providing tailored financial solutions, catering to the diverse needs of its clients. By leveraging its expertise in the banking sector, Banco Sofisa aims to support economic growth and development within the Brazilian market. The bank's offerings encompass various services, ensuring that it meets the financial requirements of its customers effectively.

d.light

Private Equity Round in 2021
D.light is a developer of solar home lighting and power products aimed at providing clean energy solutions to rural and semi-urban populations. The company offers a range of solar goods, including lights, radios, televisions, fans, and other home appliances, all powered by rechargeable solar kits. By making these products accessible and affordable, D.light seeks to improve health, increase productivity, and enhance the overall quality of life for its users.

Medsaf

Debt Financing in 2021
Medsaf is a pharmaceutical platform based in Lagos, Nigeria, that specializes in the delivery of medications to hospitals, pharmacies, and clinics. Founded in 2014, the company offers a range of products, including antacids, antiviral drugs, antiseptics, vaccines, and vitamin supplements, with a focus on making these medications accessible and affordable. Medsaf leverages advanced technologies to enhance the efficiency, safety, and transparency of the pharmaceutical supply chain, incorporating blockchain solutions for tracking and tracing products. Additionally, the company provides a comprehensive service that connects healthcare providers with vetted suppliers and logistics partners, while also offering financing options to facilitate medication procurement. Through its embedded finance platform, Medsaf supports patients and healthcare providers in managing their medication costs effectively.

Nuru

Venture Round in 2021
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Daystar Power

Series B in 2021
Daystar Power specializes in delivering solar power and energy efficiency solutions tailored for businesses in the commercial, industrial, and agricultural sectors. By providing affordable, reliable, and clean power through solar hybrid systems, Daystar Power helps its clients significantly reduce power costs, diesel consumption, and environmental pollution. The company offers these services to customers either as a cash sale or on a monthly fee basis, ensuring stable power supply for businesses across Africa.

Paps

Seed Round in 2021
Paps is a transport and logistics company based in Dakar, Senegal, founded in 2016. It provides innovative distribution and delivery solutions for businesses and merchants through its e-commerce platform, which allows real-time scheduling and tracking of deliveries. Paps specializes in the transportation of documents and parcels, secure storage, and the insured delivery of packages either to relay points or through last-mile services. The company’s logistics application features live tracking, an intelligent address system, and automatic dispatch, ensuring a fully digitalized postal logistics service that facilitates timely movement of shipments. Additionally, Paps offers professional services, including cash on delivery management, courier provision, return management, collection, and periodic reporting, catering to a wide range of logistical needs.

Solarise Africa

Series B in 2020
Solarise Africa is a pan-African Energy-as-a-Service company headquartered in Nairobi, Kenya, that specializes in providing financial leasing services for solar and other renewable energy assets. The company focuses on serving Commercial and Industrial clients by offering reliable and affordable decentralized energy solutions. Through smart financing solutions, Solarise Africa empowers its partners to enhance their operations and drive progress across the continent. The company collaborates closely with a select group of renewable energy solution providers to deliver tailor-made financial solutions that promote clean energy adoption. By facilitating upfront investments and manageable payment plans, Solarise Africa enables businesses to deploy clean energy systems, reduce costs, and improve productivity while contributing to lower carbon footprints in Africa.

Proximity Designs

Venture Round in 2020
Proximity Designs is a non-profit charitable organization that specializes in designing and manufacturing agricultural equipment tailored for farmers in Myanmar. Founded in 2004 and originally known as IDE Myanmar, the organization rebranded in 2008. Headquartered in South Pasadena, California, with an additional office in Yangon, it offers a range of products, including sprinklers, solar irrigation pumps, foot-powered water pumps, and sprayers. Beyond equipment, Proximity Designs provides essential agronomy advisory services, social services, agricultural financing, and conducts economic policy research. The organization is also intertwined with Proximity Finance, a microfinance institution that addresses the financial needs of approximately 100,000 farming households, with plans to significantly increase its outreach in the coming years.

Rensource

Venture Round in 2020
Rensource Inc, established in 2015 and headquartered in Lagos, Nigeria, is a unique energy company operating as a financial services business. It offers subscription-based solar power services to consumers and small businesses, generating electricity through small solar-hybrid systems installed on customers' premises. Rensource provides tailored plans such as Go, Eco, Duplo, and Pro, catering to diverse energy needs. Central to its operations is an internal 'bank' that finances these systems and manages credit operations, underwriting and servicing monthly collections from final customers. Rensource's mission is to transition Nigeria towards predominantly distributed, renewables-based power generation.

Avaada Energy

Venture Round in 2019
Avaada Energy is a renewable energy company that develops and operates solar and wind power projects in India. The company's unique approach integrates business objectives with environmental sustainability and social responsibility, creating mutual benefits. Avaada contributes to the socio-economic development of communities where it works, aiming to deliver long-term value to shareholders while improving local lifestyles through community engagement initiatives.

NeoGrowth

Debt Financing in 2019
NeoGrowth is a non-banking financial company based in Mumbai, Maharashtra, founded in 2011 by Dhruv Khaitan and Piyush Khaitan. The company specializes in providing financial solutions tailored to the needs of small and medium-sized businesses in India that engage in retail activities, including the sale of apparel, consumer electronics, footwear, handicrafts, and various services such as restaurants, beauty salons, and health centers. NeoGrowth offers term working capital loans and inventory financing against future credit and debit card sales, enabling merchants to access credit facilities with ease. Through its services, NeoGrowth aims to support the growth and operational needs of small businesses, facilitating their access to essential financial resources.

Meditect

Pre Seed Round in 2019
Meditect is a social enterprise focused on enhancing the medicine supply chain in sub-Saharan Africa through innovative digital solutions. Operating in Côte d'Ivoire, Senegal, and Cameroon, the company aims to address the challenges of accessing quality medicines amidst a rapidly growing population. Meditect develops AI and blockchain-based software designed to track falsified medicines and improve the distribution of pharmaceuticals. By enabling pharmacists to verify the authenticity of medicines, the company strengthens the legal distribution network and combats the sale of counterfeit products, ultimately improving healthcare outcomes in developing countries.

Jumo

Venture Round in 2018
Jumo is a fintech company focused on delivering innovative financial solutions to customers in emerging markets across Africa and Asia. By leveraging artificial intelligence and machine learning, Jumo develops credit scores and financial products that empower partners to offer loans, savings, and diverse financial choices. The company's ultra-lean banking technology connects banks with traditionally inaccessible customers in cost-effective and responsible ways. Additionally, Jumo's money marketplace utilizes behavioral data from mobile usage to create financial identities for small and medium enterprises, enabling these customers to establish creditworthiness based solely on their behavior. This approach not only enhances access to financial services but also supports the growth of financial inclusion in underserved markets.

Jumo

Series B in 2018
Jumo is a fintech company focused on delivering innovative financial solutions to customers in emerging markets across Africa and Asia. By leveraging artificial intelligence and machine learning, Jumo develops credit scores and financial products that empower partners to offer loans, savings, and diverse financial choices. The company's ultra-lean banking technology connects banks with traditionally inaccessible customers in cost-effective and responsible ways. Additionally, Jumo's money marketplace utilizes behavioral data from mobile usage to create financial identities for small and medium enterprises, enabling these customers to establish creditworthiness based solely on their behavior. This approach not only enhances access to financial services but also supports the growth of financial inclusion in underserved markets.

Enko Education

Series A in 2018
Enko Education operates a network of international secondary schools across Africa, providing students with a pathway to admission at top universities worldwide. The organization focuses on delivering an innovative educational model based on an internationally recognized curriculum. By offering quality education at discounted fees, Enko Education aims to prepare learners for global academic opportunities and foster their development in a competitive educational landscape.

Merec Industries

Private Equity Round in 2018
Merec Industries, SA is a manufacturer based in Maputo, Mozambique, specializing in wheat and maize-based products. Established in 1998, the company produces a diverse array of food items, including wheat and maize flours, pasta, biscuits, and animal by-products such as dog food and meat feed. The company serves both the Mozambican and South African markets, with additional offices located in Machava, Beira, and Nacala. As a family-owned business, Merec Industries aims to expand its presence in the Southern African Development Community (SADC) region and evolve into an integrated multinational packaged food group.

Azure Power

Post in 2018
Azure Power is a leading provider of solar energy in India, specializing in the development, construction, ownership, operation, and maintenance of solar power plants. The company focuses on generating solar energy while managing all associated responsibilities and complexities, allowing customers to benefit from renewable power without incurring high upfront costs. Azure Power generates revenue from a diverse clientele that includes both central and state government utilities, as well as commercial entities. Its operational capacity is primarily concentrated in regions with high solar irradiation, such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh.

Enda Tamweel

Corporate Round in 2018
Enda Tamweel SA is a microfinance company based in Tunis, Tunisia, founded in 2015 by the NGO Enda Inter-Arab. It focuses on providing financial and non-financial services to micro-entrepreneurs, particularly benefiting marginalized households, including women and youth. The company's offerings encompass various microcredit products tailored for agricultural and non-agricultural projects, as well as packages designed to support young entrepreneurs and promote environmental sustainability. Additionally, Enda Tamweel provides digital services, such as M-dinar for remote payment transactions and La Carte Mobitamweel, a prepaid card for easy credit collection. Complementing its financial services, the company also delivers essential non-financial support, such as training, marketing assistance, and awareness programs aimed at fostering an entrepreneurial culture. This holistic approach allows Enda Tamweel to enhance the living conditions of its clients and their families.

Jumo

Series A in 2018
Jumo is a fintech company focused on delivering innovative financial solutions to customers in emerging markets across Africa and Asia. By leveraging artificial intelligence and machine learning, Jumo develops credit scores and financial products that empower partners to offer loans, savings, and diverse financial choices. The company's ultra-lean banking technology connects banks with traditionally inaccessible customers in cost-effective and responsible ways. Additionally, Jumo's money marketplace utilizes behavioral data from mobile usage to create financial identities for small and medium enterprises, enabling these customers to establish creditworthiness based solely on their behavior. This approach not only enhances access to financial services but also supports the growth of financial inclusion in underserved markets.

Azure Power

Post in 2017
Azure Power is a leading provider of solar energy in India, specializing in the development, construction, ownership, operation, and maintenance of solar power plants. The company focuses on generating solar energy while managing all associated responsibilities and complexities, allowing customers to benefit from renewable power without incurring high upfront costs. Azure Power generates revenue from a diverse clientele that includes both central and state government utilities, as well as commercial entities. Its operational capacity is primarily concentrated in regions with high solar irradiation, such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh.

Ignite Holding Company

Series B in 2017
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Sonata Finance

Venture Round in 2016
Sonata Finance is a micro-finance agency focused on providing financial resources to economically disadvantaged women in rural, semi-urban, and urban communities in India. The company aims to empower these women by offering a variety of loans tailored to meet their diverse financial needs, including sanitation, housing, utility, two-wheeler, individual, and MSME loans. By utilizing the joint liability group model, Sonata Finance facilitates lending for income-generating activities, thereby helping to improve the socio-economic conditions of its clients and fostering opportunities for poverty alleviation.

Voltalia

Post in 2016
Voltalia is a power producer and service provider specializing in renewable electricity generation from solar, wind, hydro, biomass, and storage solutions. The company possesses extensive expertise across the entire value chain of renewable energy projects, including development, financing, engineering, procurement, construction, and operation and maintenance. Operating in 20 countries, Voltalia offers its services to clients worldwide, demonstrating a strong commitment to sustainability and innovation in the energy sector. As of late 2018, the company had developed and sold over 1.8 GW of capacity, constructed more than 1.3 GW, and managed over 1 GW of operational capacity, with a consolidated ownership of more than 0.5 GW. While it generates a significant portion of its revenue from services, its primary geographical focus is in Europe.

Enko Education

Series A in 2016
Enko Education operates a network of international secondary schools across Africa, providing students with a pathway to admission at top universities worldwide. The organization focuses on delivering an innovative educational model based on an internationally recognized curriculum. By offering quality education at discounted fees, Enko Education aims to prepare learners for global academic opportunities and foster their development in a competitive educational landscape.

Ignite Holding Company

Convertible Note in 2016
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Dvara

Venture Round in 2016
Dvara is a financial inclusion platform operating in India, comprising several businesses. Dvara KGFS establishes and supports local, geographically focused community financial services institutions, Kshetriya Gramin Financial Services (KGFS), catering to remote rural markets. Dvara Solutions, a software company based in Bengaluru, helps financial institutions enhance their customer-centricity. Dvara Research aims to ensure universal access to financial services. The platform operates a non-banking financial institution, offering agent-based and correspondent banking solutions, including money transfers, bill payments, loans, savings, and more, empowering low-income households and enabling financial well-being.

NMB Bank

Debt Financing in 2014
NMB Bank Limited, established in Zimbabwe since 1992, operates as a subsidiary of NMBZ Holdings Limited. It offers a comprehensive range of banking products and services to both corporate and individual clients across ten major cities in the country. The bank's operations span five segments: Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking. Services include current and savings accounts, debit and credit cards, loans, overdrafts, Internet banking, ATM services, bridging finance, acceptance of credits, letters of credit, documentary letters of credit, international payments, offshore finance, foreign currency exchange, treasury services such as daily market watch and fixed deposits, promissory notes, money markets, banker’s acceptances, and advisory services on empowerment transactions, capital raising, structured finance, corporate restructuring, investments, and business conditions.

Africa Finance

Venture Round in 2013
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.

NSL Renewable Power

Venture Round in 2013
NSL Renewable Power Private Limited is a prominent renewable energy company based in Hyderabad, India, incorporated in 1985. It focuses on developing, operating, and managing a diverse portfolio of renewable energy projects, including wind, solar, biomass, hydel, and thermal power. As a subsidiary of NSL Group of Companies Pvt Ltd, the company has established itself as one of the fastest-growing independent power producers in the country. With a highly skilled workforce, NSL Renewable Power employs a unique business model across its various energy verticals, ensuring comprehensive expertise in project implementation and operation. The company's commitment to renewable energy not only aims to generate returns but also contributes positively to society and the environment.

ESPRIT

Venture Round in 2012
Esprit is an engineering school located in Douar Ghezala, Tunisia, founded in 2003 as an alternative to public educational institutions. It offers a range of academic programs in computer engineering, telecommunications engineering, civil engineering, electromechanical engineering, and management science. The school emphasizes higher education that integrates concepts across various disciplines, equipping students with the necessary skills to effectively use technology and achieve their professional goals. Additionally, Esprit focuses on strengthening leadership and team-building abilities among its students, preparing them for successful careers in their respective fields. As of late 2020, Esprit operates as a subsidiary of Honoris Holding Limited.

Strides Pharma Science

Post in 2012
Strides Pharma Science Limited is a global pharmaceutical company based in Bengaluru, India, specializing in the development, manufacture, and sale of generic and branded pharmaceutical products. Founded in 1990, the company operates through two main business verticals: Regulated Markets and Emerging Markets. Strides offers a wide range of pharma generics, including tablets, capsules, sachets, oral liquids, powders, semi-solids, ointments, and creams. It also develops branded generics for chronic therapies such as women’s health, central nervous system disorders, cardiovascular issues, diabetes, dermatology, and probiotics under various brand names. Additionally, the company produces drugs for infectious diseases like HIV/AIDS, malaria, tuberculosis, and hepatitis. Strides has a global manufacturing footprint with eight facilities across four continents, including five approved by the US FDA. The company's dedicated R&D facility in India supports its strong presence in over 100 countries.
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