Swedfund International
Swedfund International AB, established in 1979, is a Swedish government-owned investment firm specializing in high-risk, emerging markets. It provides risk capital, including equity, loans, and expertise, to seed, start-up, and mature companies in Africa, Asia, Latin America, Eastern Europe, and Sweden. Swedfund invests between SEK 5 million and SEK 100 million, seeking a minority stake not exceeding one-third of the total investment. It typically invests in companies that do not manufacture or sell weapons, tobacco, or alcohol, and avoids investing in Swedish businesses of Swedish companies. Swedfund takes a Board seat in its portfolio companies and seeks to exit investments within five to ten years. It does not invest alongside private individuals or co-operatives, provide donations, or engage in sponsorships.
Apollo Agriculture
Debt Financing in 2024
Apollo Agriculture, established in 2015, is a Kenyan agtech company based in Nairobi. It specializes in providing smallholder farmers with access to critical farming inputs, financing, and advisory services. Apollo's innovative platform employs agronomic machine learning, remote sensing, and mobile technology to assess credit risk and tailor financial and technical assistance to each farmer's unique needs and location. This approach enables farmers to enhance their yields and profits, with a focus on emerging markets, starting in Kenya.
Co-operative Bank of Kenya
Debt Financing in 2021
The Co-operative Bank of Kenya Limited, established in 1965, is a banking institution incorporated under the Companies Act in Kenya. Originally registered under the Co-operative Societies Act, it transitioned to its current structure in 2008 to align with requirements for listing on the Nairobi Securities Exchange. The bank offers a wide range of financial services, including corporate and retail banking, investment, and asset management. It operates through three primary segments: Retail Banking, which serves individual customers with loans, deposits, and related services; Wholesale Banking, catering to corporate and institutional clients; and Group Functions, which encompasses support departments such as ICT and Finance. The majority of the bank's revenue is derived from its Retail Banking operations, highlighting its significant role in providing financial services to the Kenyan population.
Kasha
Venture Round in 2020
Kasha is a Rwanda-based e-commerce company, established in 2016, that operates in Rwanda and Kenya. It specializes in distributing a wide range of personal care and health products tailored to women, including menstrual care, sexual health items, pharmaceuticals, and mom and baby care products. Kasha's online platform ensures accessibility to these products in both urban and rural areas, promoting women's health and well-being at various life stages.
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