Kofa
Debt Financing in 2025
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
AgroCenta
Seed Round in 2021
AgroCenta, founded in 2015 by Francis Obirikorang and Michael K. Ocansey, is an agri-tech company focused on enhancing the agricultural value chain in Ghana. The company addresses significant challenges faced by smallholder farmers, including limited market access and inefficient logistics. By offering an online sales platform, AgroCenta enables farmers to connect directly with national markets, ensuring they achieve fair prices for their commodities while minimizing exploitation by middlemen. The platform also features real-time commodity pricing and access to credit facilities, empowering farmers to make informed decisions about their sales. To tackle logistical issues, AgroCenta has developed TrucKR, a solution that allows farmers in remote areas to hire trucks quickly and conveniently for transporting their goods. Through these innovations, AgroCenta is transforming the agricultural landscape in Ghana by leveraging technology to improve the livelihoods of smallholder farmers.
Ampersand is a company based in Kigali, Rwanda, that specializes in the manufacture of affordable electric vehicles and charging systems tailored for the three million motorcycle taxi drivers in East Africa. The company aims to enhance mass-market electric mobility by providing a battery swap network and an operating system that facilitates sustainable transport solutions. By making electric mobility accessible and affordable, Ampersand not only improves the livelihoods of drivers but also contributes to environmental sustainability. As of January 2024, the company's customer base has expanded to 2,000 users, who collectively cover 1.5 million kilometers weekly in Nairobi and Kigali.
Persistent
Series B in 2019
Persistent is a venture capital firm established in 2012 and based in Nairobi, Kenya. The company specializes in investing in and developing businesses in underserved markets, with a particular emphasis on early-to-growth-stage enterprises in sectors such as climate, renewable energy, e-mobility, agricultural technology, solar, and water. Persistent aims to provide operational and strategic support to exceptional entrepreneurs, facilitating access to essential services for low-income households, particularly in sub-Saharan Africa. The firm focuses on initiatives that enhance energy access, enabling customers to benefit from electric light, mobile phone charging, and other basic energy services. Through its venture-building model, Persistent seeks to generate both attractive financial returns and significant social and environmental impact.
Rent to Own
Seed Round in 2018
Rent to Own Ltd. is a company based in Lusaka, Zambia, that specializes in providing affordable financing and essential equipment to small-scale entrepreneurs in rural areas. Founded in 2010, the company focuses on empowering local business owners by offering high-impact assets such as refrigerators, hammer mills, and irrigation pumps, which are crucial for farming and food production. Rent to Own employs a tailored approach to its financing services, adapting to the unique needs of each client through a guided asset selection process, direct distribution, and individualized training for equipment maintenance and usage. Its innovative six-step loan process helps mitigate repayment risks while ensuring optimal utilization of the provided equipment, thereby facilitating business growth and enhancing the entrepreneurial landscape in rural Zambian communities.