Renew Capital is an investment firm based in Addis Ababa, Ethiopia, founded in 2007. The firm focuses on Africa's growing businesses, specifically targeting small and medium enterprises and the private sector. By addressing critical gaps in the market, Renew Capital connects these businesses with a global network of impact investors, facilitating growth and development within the region. Through its efforts, the firm aims to support the expansion of Africa's entrepreneurial landscape and enhance economic opportunities across the continent.
Tendo is an online platform based in Accra, Ghana, that facilitates independent reselling by connecting resellers with businesses. Founded in 2019, the company allows individuals to start their own online businesses without the need for upfront capital investment. Tendo sources ready-to-ship products from various suppliers, which are then made available to resellers who can add their profit margins. The platform also provides access to social media tools and enables resellers to list products at wholesale prices, eliminating the challenges of inventory management and transportation. This innovative approach empowers small businesses and individuals to thrive in the digital e-commerce landscape.
Dabchy
Seed Round in 2025
Dabchy SARL operates an online peer-to-peer fashion marketplace that connects buyers and sellers of new and used fashion items. Founded in 2016 and headquartered in Tunis, Tunisia, the platform allows users to list a variety of products, including clothing, shoes, jewelry, accessories, bags, and beauty items. Dabchy fosters a community atmosphere where users can engage with one another by liking, commenting on listings, and sharing fashion advice. This unique combination of marketplace and social interaction enables customers to buy, sell, and exchange fashion items while participating in a vibrant online community.
ENAKL
Pre Seed Round in 2024
Enakl is a technology mobility company focused on providing bus-sharing solutions for commuting in Africa. Its platform utilizes data collection to predict demand, allowing for efficient pooling of users based on their destinations and the creation of optimal routes operated by professional drivers. By integrating ride-hailing technology with existing shared taxi services, Enakl offers residents in emerging cities affordable, reliable, and comfortable transport options tailored to their needs. The company's innovative business model emphasizes social inclusion and aims to alleviate issues related to congestion and access to transportation in the region, while promoting flexible, safe, and convenient travel solutions.
Octavia Carbon
Seed Round in 2024
Octavia Carbon is the first Direct Air Capture (DAC) company in the Global South, focused on filtering carbon dioxide from the atmosphere to combat climate change and reduce reliance on fossil fuels. The company designs, builds, and deploys patented technology that utilizes Kenya's geothermal energy and geological resources to enhance the efficiency and cost-effectiveness of DAC technology. By capturing CO2 directly from the air, Octavia Carbon enables the conversion of this greenhouse gas into stable underground rock formations or repurposes it as an industrial gas, helping to replace polluting fossil fuels. This innovative approach not only addresses environmental concerns but also supports industrial power users in East Africa, contributing to the fight against energy poverty in the region.
Level Africa
Angel Round in 2024
Level Africa is a digital investment marketplace focused on wealth building in Africa. The platform aims to simplify and enhance accessibility to investment opportunities, catering to both experienced and novice investors. By offering a diverse range of assets, Level Africa empowers users to confidently navigate the financial markets. Investors can easily select investments and complete transactions using various payment options, facilitating the creation of personalized investment portfolios. Through its user-friendly approach, Level Africa seeks to democratize investing and support individuals in achieving their financial goals.
Octavia Carbon
Venture Round in 2024
Octavia Carbon is the first Direct Air Capture (DAC) company in the Global South, focused on filtering carbon dioxide from the atmosphere to combat climate change and reduce reliance on fossil fuels. The company designs, builds, and deploys patented technology that utilizes Kenya's geothermal energy and geological resources to enhance the efficiency and cost-effectiveness of DAC technology. By capturing CO2 directly from the air, Octavia Carbon enables the conversion of this greenhouse gas into stable underground rock formations or repurposes it as an industrial gas, helping to replace polluting fossil fuels. This innovative approach not only addresses environmental concerns but also supports industrial power users in East Africa, contributing to the fight against energy poverty in the region.
Flexpay
Venture Round in 2023
Flexpay is a Nairobi-based company that operates a digital payment wallet, facilitating electronic transactions for individuals. It offers a range of products, including Flex Rent for managing residential and commercial rent payments, Flex Travel for holiday package payments, and Flex Retail for transactions with partner merchants. The company has developed an automated platform that enables both merchants and customers to manage flexible payments for goods and services through mobile money and bank transfer systems. This platform allows users to break down their purchases into manageable installments, enhancing affordability. Flexpay's innovative Save Now, Buy Later (SNBL) model empowers merchants to provide personalized incremental saving plans, thereby revolutionizing the payment process and improving customer engagement across Africa.
AkelloBanker
Venture Round in 2023
AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
BuuPass
Pre Seed Round in 2023
BuuPass is a digital transport solutions provider based in Kenya, focusing on simplifying the movement of people through innovative booking systems. As the first marketplace in the country for bus, shuttle, and train bookings, BuuPass offers a fast and user-friendly platform that allows commuters to easily reserve their seats and make payments. The company is powered by a team of young entrepreneurs dedicated to addressing everyday transportation challenges and enhancing accessibility. By enabling users to book tickets through both online and SMS-based methods, BuuPass ensures that urban commuters can manage their travel plans conveniently and efficiently. The company emphasizes the importance of time and choice, striving to empower individuals to travel on their own terms while connecting them to various opportunities.
Teraki
Pre Seed Round in 2023
Teraki App is an East-African that does audio streaming platform which hosts audiobooks, podcasts, and radio shows. Everyone can use Tereki. It is the app Which brings interactive and entertaining content to the Ethiopian and East African Diaspora Community, for the Young Generation, Adults, Children, and the Visually Impaired.
Inputi
Seed Round in 2022
Inputi is an online marketplace and distributor based in Kampala, Uganda, designed to connect smallholder farmers with quality agricultural inputs at affordable prices. The platform serves as an aggregator for various farm supplies, including fertilizers, fungicides, and pesticides, allowing farmers to access a comprehensive range of products through a single portal. In addition to supplying farm inputs, Inputi offers insurance coverage to protect farmers against unforeseen circumstances, enhancing their resilience and sustainability in agricultural practices. Through its services, Inputi aims to empower farmers by simplifying access to essential resources needed for successful farming.
AkelloBanker
Debt Financing in 2022
AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
Deliver Addis
Seed Round in 2020
Deliver Addis is an Ethiopian food delivery startup that operates an online platform designed to streamline the food ordering process for consumers. The service allows users to select their preferred restaurant, choose their favorite dishes, and submit their order in three straightforward steps. By facilitating a hassle-free food delivery experience, Deliver Addis aims to make dining at home more convenient for its customers.
ET Fresh
Venture Round in 2018
ET Fresh is focus on increasing the export of high-quality, processed and branded meat products from Ethiopia.
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