Ronesans Holding AS is a diversified company based in Ankara, Turkey, with a wide range of operations in construction, real estate development, energy, and health infrastructure. The company constructs various facilities, including shopping malls, offices, hotels, residential buildings, and industrial plants, alongside significant infrastructure projects such as bridges, tunnels, and power plants. Additionally, Ronesans engages in land development and investment activities. In the energy sector, the company operates ten hydroelectric power plants and is involved in electricity trading. Founded in 1993, Ronesans Holding has extended its reach beyond Turkey, with operations in several countries, including Russia, Turkmenistan, and Algeria, among others, reflecting its robust international presence.
Ilara Health, founded in 2018 and headquartered in Nairobi, Kenya, focuses on enhancing healthcare access in rural Africa by developing and distributing AI-powered diagnostic devices. These compact devices are designed for primary care doctors in peri-urban and rural clinics, providing accurate and affordable diagnostic services. Ilara Health integrates its technology within a proprietary platform that connects to an electronic medical record system, allowing healthcare providers to efficiently record and manage patient data. By leveraging existing healthcare infrastructure, Ilara Health aims to improve the accessibility and affordability of diagnostic services in underserved regions.
Syrah Resources is an Australia-based resource company focused on the exploration, evaluation, and development of mineral properties, primarily located in Mozambique. The company's main project is the Balama graphite and vanadium project in the Cabo Delgado province, where it produces and sells natural flake graphite. This graphite is distributed globally to various markets, including Europe, China, India, and the Americas. Syrah Resources also engages in the production of natural spherical graphite through a downstream strategy, which is utilized for manufacturing anodes for lithium-ion batteries and recarburiser products for steelmaking and automotive applications. The company was incorporated in 2007 and is headquartered in Melbourne, Australia.
Cassava Technologies is Africa's first continental-scale integrated technology company, transforming the lives of individuals and businesses across the continent by enabling social mobility and economic prosperity. Its product segments are guided by the vision of an experienced, founder-led management team committed to advancing Africa's economic future. Its business includes fiber broadband networks, data centers, and renewable energy, as well as cloud & cybersecurity, fintech, and digital platforms.
The Institut Pasteur de Dakar Foundation (IPD) is a non-profit association of public utility, concerned with promoting public health and well-being in West Africa. Since its founding in 1896 by one of Louis PASTEUR's disciples, Émile Marcoux, the IPD has been at the forefront of the fight against infectious diseases. Since 2009, the Institut Pasteur de Dakar has been a Senegalese foundation, jointly managed by the government of Senegal and the Institut Pasteur (Paris).
Svakarma Finance is an impact focused NBFC that aims to support Micro, Small and Medium enterprises (MSMEs).
Prodigy Finance Limited operates an online platform that facilitates education loans for international postgraduate and MBA students, enabling them to finance their degrees through a community of lenders. Founded in 2006 and based in London, the platform connects student borrowers with alumni, institutional investors, and qualified private investors, as well as banks. Prodigy Finance specifically targets master's degree students in 18 countries, aiming to make higher education more accessible to individuals who may lack traditional financing options. Additionally, the company offers a mobile app that allows users to manage and access their loan information conveniently.
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.
Stellapps designs dairy management software applications that leverage the power of technology to improve dairy supply chain parameters. The company's applications leverage the Internet of Things (IoT), big data, cloud, mobility and data analytics to improve agri-supply chain parameters, including milk production, milk procurement, cold chain animal insurance and farmer payments, enabling dairy farms, dairy farmers and cooperatives to maximize profits while minimizing effort.
Microinvest is a microfinance institution based in Moldova, dedicated to fostering economic and social development through responsible and transparent lending practices. The organization offers a range of financial services, including individual and group loans, financial guarantees, and community venture capital, specifically designed for micro and small businesses. By providing accessible funding solutions for various needs, such as car purchases and property mortgages, Microinvest aims to help its clients improve their quality of life and achieve higher living standards.
Africa GreenCo is an energy trading service provider focused on selling power through long-term contracts. The company serves as an intermediary aggregator between buyers and sellers, facilitating access to green power supply. By leveraging a multi-buyer model, Africa GreenCo aims to attract sustainable investments in the power sector, thereby increasing power capacity through the development of new renewable energy generation. This approach enables utilities and private buyers to engage more effectively in the green energy market.
Gjirafa is for over 12 million of people who speak Albanian language worldwide, and who can’t search the Albanian web, due to their very unique language. Gjirafa, is an Albanian search engine and a news aggregator that uses natural language processing to finally make the Albanian web accessible to all.
Vastu Housing Finance Corporation Limited is a non-deposit taking housing finance company based in Mumbai, India, established in 2005. The company focuses on providing long-term housing finance primarily to the middle-income and affordable housing segments. It offers a variety of loan products, including home loans for purchasing, constructing, or improving residential properties, as well as loans for commercial properties and loans against property. Vastu Housing Finance also caters to self-employed individuals, enabling them to secure loans even without extensive documentation or significant credit history. As of March 31, 2020, the company operated 66 branches across India, emphasizing its commitment to socially relevant housing finance solutions.
Panacea Biotec is an innovation-driven biotechnology company established in 1984, initially as Panacea Drugs Private Limited. The company focuses on research and development, manufacturing, sales, distribution, and marketing of pharmaceuticals, vaccines, and biosimilars. It operates through two main segments: Vaccines and Formulations, generating significant revenue from its vaccine offerings. Panacea Biotec's product portfolio includes prescription medications targeting niche therapeutic areas such as diabetes, oncology, nephrology, osteoporosis, and pediatric immunization. With a commitment to making innovative products affordable and accessible, the company has developed four advanced R&D centers staffed by over 300 skilled scientists, emphasizing its strengths in the development of new chemical and biological entities, novel drug delivery systems, and vaccine technology. Panacea Biotec has a presence in both domestic and international markets, reflecting its ambition to become a leading player in the biotechnology sector.
Lhoopa is a property technology venture focused on transforming the affordable housing landscape in emerging markets. By utilizing data and innovative approaches, the company partners with local stakeholders to facilitate the provision of affordable homes, effectively addressing the substantial housing deficit in these regions. Additionally, Lhoopa operates as a real estate investment firm, helping clients navigate the buying and selling of properties, which includes various types of real estate transactions such as raw lots, development projects, and rental markets. This dual approach enables Lhoopa to customize solutions for its partners, fostering high returns for investors and promoting sustainable growth within the real estate sector.
Timberland Investment Group is a investment management organization.
Vistaar Finance is a financial services provider established in 2010 by Brahmanand Hegde in Bengaluru, Karnataka. The company specializes in designing and delivering customized loan products tailored to the unique requirements of small businesses, focusing on specific industries such as power looms and textiles. Vistaar's platform offers non-banking financial services, aiming to attract mainstream capital and resources to effectively serve its target markets. By addressing the individual needs of these businesses in terms of loan amounts and tenors, Vistaar enables clients to enhance their economic output through strategic financial planning.
M-KOPA is a company that offers connected asset financing solutions aimed at underbanked customers. Its platform integrates digital micropayments and Internet of Things (IoT) connectivity to provide access to essential products, including solar lighting, televisions, refrigerators, and smartphones. The platform is designed to be accessible, allowing customers to secure financing without the need for a credit history or collateral. By focusing on life-enhancing products and services, M-KOPA aims to improve the quality of life for individuals in underserved markets.
Lhoopa is a property technology venture focused on transforming the affordable housing landscape in emerging markets. By utilizing data and innovative approaches, the company partners with local stakeholders to facilitate the provision of affordable homes, effectively addressing the substantial housing deficit in these regions. Additionally, Lhoopa operates as a real estate investment firm, helping clients navigate the buying and selling of properties, which includes various types of real estate transactions such as raw lots, development projects, and rental markets. This dual approach enables Lhoopa to customize solutions for its partners, fostering high returns for investors and promoting sustainable growth within the real estate sector.
Fusion Microfinance, headquartered in New Delhi, operates primarily in the North Central region of India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana. Established in January 2010, the company initially focused on microfinance lending to financially underserved women organized into Joint Liability Groups (JLGs). It provides small, collateral-free loans to empower these women and also extends its services to micro, small, and medium enterprises (MSMEs). In addition to lending, Fusion Microfinance leverages its distribution channels to offer various financial products aimed at enhancing productivity, such as loans for purchasing mobile handsets and bicycles. The company's acquisition of the microfinance division Aajeevika, which had a modest initial member base, further strengthened its operations and outreach in the sector.
liwwa, Inc. operates a peer-to-peer lending platform that connects small and medium-sized enterprises (SMEs) in need of capital with investors seeking to diversify their portfolios. The platform allows borrowers to apply for small business loans while offering investors the opportunity to earn regular monthly returns. Liwwa conducts in-house assessments of the creditworthiness of businesses and implements a lease-to-own model that provides an interest-free return for investors. Founded in 2013 and headquartered in Amman, Jordan, liwwa has raised seed funding to expand its team and develop new product offerings, thereby enhancing its capacity to support SMEs in the MENA region and beyond.
Ecozen is a company focused on enhancing agriculture through innovative, eco-friendly solutions. It offers several key products: Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to extend the shelf life of perishable goods, enabling farmers to reach distant markets and increase profitability; Ecotron, a smart irrigation pump controller that integrates IoT technology for efficient water management, remote monitoring, and predictive analytics; and Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while incorporating cold chain logistics. These offerings collectively aim to transform the agricultural landscape by improving the handling and distribution of perishable products.
Inputi is an online marketplace, aggregator, and distributor for farm supplies based in Kampala, Uganda.
Nu Colombia issue credit card services.
Pezesha is a digital financial marketplace based in Nairobi, Kenya, that connects small and medium-sized businesses (SMBs) to various financing options, including working capital, float financing, and LPO financing. Founded in 2016, Pezesha aims to enhance access to affordable credit for micro-businesses by leveraging credit and data analytics to link lenders with low-income borrowers. The platform facilitates a shared economy by converging lending and other financial services, thereby enabling underserved SMBs to participate in the formal financial system. Through its innovative approach, Pezesha seeks to empower businesses and improve their growth potential by providing essential financial resources.
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe
Roam is a technologically oriented electric mobility firm that creates and develops electric motorbikes and electric buses for emerging markets. Roam provides supporting infrastructure, fleet management software, and after-sales services to create an ecosystem that speeds up the transition to sustainable mobility in new frontier markets.
Seba Foods is a family-run agri-food company that produces and supplies maize- and soy-based consumer food products.
SAEL is a green energy company based in New Delhi, India, dedicated to advancing sustainable development through renewable energy solutions. The company focuses on innovative projects in solar energy and waste-to-energy generation, aiming to reduce carbon footprints and enhance energy independence. By developing and managing sustainable infrastructure, SAEL provides comprehensive services that encompass design, construction, operation, and maintenance of renewable energy systems. Their mission is to facilitate the transition to a low-carbon economy while contributing to the economic and social development of communities globally. Through the use of cutting-edge technology, SAEL strives to deliver reliable and eco-friendly energy solutions to businesses and communities, promoting a sustainable future.
Emerging Markets Global Advisory is an investment bank based in London, United Kingdom, specializing in advisory services for financial institutions, institutional investors, and large-cap and middle-market companies across various industries. The firm provides a comprehensive range of investment banking services, including mergers and acquisitions advisory, corporate finance, and capital raising, encompassing both debt and equity. Additionally, it offers expertise in leveraged buyouts, restructurings, valuation analysis, recapitalizations, and divestitures. Emerging Markets Global Advisory serves clients in diverse sectors such as financial services, manufacturing, transportation, agriculture, food, energy, and communications, making it a versatile partner for organizations seeking strategic financial guidance.
Stoneco offers financial technology solutions that enable merchants and integrated partners to perform e-commerce.
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.
Tembici is the leading micro-mobility player in Latin America, providing first and last mile transportation solutions do daily commuters.
TechMet Limited is a private industrial company based in Dublin, Ireland, founded in 2017. It focuses on building, controlling, and monitoring projects throughout the technology metal supply chain, specifically targeting essential metals such as nickel, cobalt, lithium, rare earth metals, vanadium, tungsten, and tin. These metals are crucial for advanced technologies, particularly in electric vehicles, renewable energy systems, and energy storage devices. TechMet aims to secure a stable and sustainable supply of these critical resources, which often face supply chain challenges. The company's investments span various stages of the supply chain, including mining, processing, refining, and recycling, with interests in production and development assets located in Africa, North America, and South America.
Ed Partners Africa is a non-banking financial institution that transforms the education sector through working with school owners of affordable schools by providing financial solutions.
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.
Hewatele is a social enterprise focused on supplying affordable medical oxygen to underserved patients, particularly in remote areas of Africa. Collaborating with affiliates such as CPHD and Mediquip Global, the company aims to enhance access to emergency healthcare by delivering essential oxygen for medical and surgical needs. Its services cater to public hospitals, private not-for-profit hospitals, and individual patients, ensuring that everyone can receive the life-saving oxygen they require at an accessible cost.
Dalmia Polypro Industries is a waste management company that focuses on recycling plastics to promote sustainability. It specializes in processing locally sourced polyethylene terephthalate (PET) and polyolefin into recycled PET flakes and granules, including partially oriented yarn. By providing sustainably recycled materials, Dalmia Polypro enables businesses to adopt more environmentally friendly practices and contribute to the circular economy of plastics.
Blencowe Resources is focused on exploration and development of the Orom Graphite Project in the Republic of Uganda. The project tenements encompass an area of approximately 520,000 hectares. The company has 21 years mining license.
Pahal is a Non-Banking Financial Services Company that specializes in providing microfinance services primarily aimed at low-income households and marginalized communities. The company offers a diverse range of financial and non-financial products and services designed to meet the evolving needs of its customers. By focusing on the unique requirements of its target demographic, Pahal aims to empower individuals and families, helping them to enhance their standard of living.
Blencowe Resources is focused on exploration and development of the Orom Graphite Project in the Republic of Uganda. The project tenements encompass an area of approximately 520,000 hectares. The company has 21 years mining license.
Ummeed Housing Finance is a housing finance company that provides home loans and loan against property to lower and middle income families. The company aims to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population. Ummeed Housing Finance's services include issuance of home loans and loan against property to improve operational efficiency and reduce turnaround time for customers, enabling low and middle income households to get access to affordable housing loans in an innovative and personalized manner.
VPBank offers insurance, personal services, loans, electronic banking, and other products and services. VPBank is a joint-stock commercial bank in Vietnam. VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program, with diligent support from consulting companies.
Kentegra Biotechnology Holdings LLC
Venture Round in 2023
Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in the communities where we are working to help farmers and their families have a more stable income and better quality of life. Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019
Sekerbank is a cooperative bank based in Turkey, primarily serving the Anatolian region. The bank specializes in agricultural banking while also offering a range of services for small to midsize enterprises, corporate clients, and retail customers. It emphasizes community banking and aims to promote financial inclusion through initiatives such as microfinance lending, which ensures equal access for diverse customer segments. Sekerbank also focuses on sustainable energy, energy efficiency, and addressing climate change within its operations. Its loan portfolio is diversified, with nearly half of its exposure in the service industry, reflecting a commitment to supporting various sectors of the economy.
TechMet Limited is a private industrial company based in Dublin, Ireland, founded in 2017. It focuses on building, controlling, and monitoring projects throughout the technology metal supply chain, specifically targeting essential metals such as nickel, cobalt, lithium, rare earth metals, vanadium, tungsten, and tin. These metals are crucial for advanced technologies, particularly in electric vehicles, renewable energy systems, and energy storage devices. TechMet aims to secure a stable and sustainable supply of these critical resources, which often face supply chain challenges. The company's investments span various stages of the supply chain, including mining, processing, refining, and recycling, with interests in production and development assets located in Africa, North America, and South America.
Vistaar Finance is a financial services provider established in 2010 by Brahmanand Hegde in Bengaluru, Karnataka. The company specializes in designing and delivering customized loan products tailored to the unique requirements of small businesses, focusing on specific industries such as power looms and textiles. Vistaar's platform offers non-banking financial services, aiming to attract mainstream capital and resources to effectively serve its target markets. By addressing the individual needs of these businesses in terms of loan amounts and tenors, Vistaar enables clients to enhance their economic output through strategic financial planning.
Kasha is an e-commerce platform based in Kigali, Rwanda, that focuses on providing accessible personal care and health products for women in Rwanda and Kenya. Founded in 2016, Kasha offers a wide range of products, including bath and body items, menstrual care supplies such as sanitary pads and tampons, and sexual health products including contraceptives and lubricants. The company also provides pharmaceuticals, pain relievers, supplements, and mom and baby care products. Kasha aims to promote health for women at all stages of life, addressing needs related to maternal health, menstrual hygiene, family planning, and chronic diseases. By operating both online and in urban and rural areas, Kasha seeks to enhance accessibility to essential health and personal care products.
Genus Power Infrastructures Limited operates in the power sector, focusing on manufacturing electricity meters and providing engineering and construction services. The company offers a comprehensive range of metering solutions, including multi-functional single-phase and three-phase meters, smart meters, and pre-payment meters. In addition to its metering division, Genus undertakes turnkey engineering projects, such as the erection of substations, transmission and distribution lines, and rural electrification. With advanced manufacturing facilities and a strong emphasis on research and development, Genus aims to deliver innovative and customized solutions at competitive prices. The company serves a diverse clientele that includes utilities, municipalities, and various sectors such as renewable energy and smart city development. Established in 1992 and based in Jaipur, India, Genus Power Infrastructures Limited is a subsidiary of the Kailash Group.
BuyMed operates an e-commerce website that connects pharmaceutical manufacturers, distributors, and clinics. Its platform, Thuocsi.vn, works on a variety of projects, including e-commerce, seller centers, supply portals, WMS, POS, and logistics services. It has been implementing the Circa pharmacy project, focusing more on patient customers.
TerraPay is a mobile-first international payment network designed to facilitate seamless transnational money transfers. By interconnecting various financial service providers, including mobile wallet operators, banks, and money transfer services, TerraPay creates a unified platform that supports a wide range of transactions such as interpersonal transfers, e-payments, and government disbursements. The network employs standard open APIs, allowing easy integration with any mobile wallet provider. This enables partners to access a global payment network through a single connection, enhancing service scalability while reducing operational and capital expenditures. As a regulated financial intermediary, TerraPay not only manages core transaction processing but also ensures compliance with regulatory standards, oversees foreign exchange management, and handles fund settlements, thereby providing a comprehensive solution for cross-border mobile payments.
Resilience is a technology-driven biomanufacturing company focused on enhancing access to complex medicines, including biologics, vaccines, nucleic acids, and cell and gene therapies. The firm aims to transform the production of medicine by providing a comprehensive range of customized manufacturing capabilities that cater to the diverse needs of biopharmaceuticals throughout all stages of drug development, from pre-clinical to commercial supply. Resilience is committed to creating a sustainable network of advanced manufacturing solutions that ensure rapid, safe, and scalable production of treatments, thereby enabling partners to concentrate on breakthrough discoveries that improve patient outcomes. The company's innovative approach also strengthens biopharmaceutical supply chains, preparing them for future challenges.
Yulu is a micro-mobility platform in India that aims to alleviate traffic congestion and air pollution through the provision of human and battery-powered two-wheelers. The company offers a range of smart, dockless electric vehicles that leverage advanced internet of things technology. Users can easily rent these vehicles via a user-friendly application, utilizing either a pay-per-use or subscription-based model. Yulu's focus on shared mobility addresses the challenges of last-mile connectivity and delivery, promoting a seamless and sustainable transportation solution.
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.
Neogrowth is a non-banking financial company based in Mumbai, Maharashtra, that specializes in providing financial solutions to small and medium-sized enterprises in India. Established in 2011 by Dhruv Khaitan and Piyush Khaitan, the company focuses on meeting the financial needs of businesses that sell goods and services directly to consumers. Neogrowth offers term working capital loans and inventory financing against future credit and debit card sales, facilitating easy access to credit for small merchants. Its clientele includes a diverse range of sectors, such as retail companies selling apparel, electronics, and handicrafts, as well as restaurants, beauty salons, hotels, gyms, and health diagnostic centers.
IndusInd Bank Limited, established in 1994 and headquartered in Mumbai, India, is a private sector bank that provides a wide range of financial products and services for individuals, businesses, and institutions. The bank operates through various segments, including Treasury Operations, Corporate and Wholesale Banking, and Retail Banking. Its offerings encompass a variety of accounts, loans, transaction banking services, investment options, and insurance products. IndusInd Bank also provides debit and credit cards, foreign exchange services, and financial inclusion initiatives. With a focus on technology, the bank supports multi-channel delivery and maintains a robust branch and ATM network across India, along with representative offices in London, Dubai, and Abu Dhabi. The bank aims to cater effectively to both consumer and corporate clients, positioning itself as a significant player in the Indian banking landscape.
Soothe Healthcare is a manufacturer of personal hygiene products for men and women, primarily focusing on feminine hygiene and baby care. Its key offerings include Paree sanitary pads, Super Cute baby diapers, and Super Life adult diapers, which are available in approximately 250,000 stores across India and through various online retailers. The company's revenue is largely driven by sanitary pads and baby diapers, which account for about 55% and 35% of total sales, respectively, while adult diapers and hair removal creams contribute to the remainder. Soothe Healthcare aims to enhance the quality of life for individuals by providing reliable and hygienic healthcare alternatives, thereby making essential products more accessible to the community.
CreditAccess Grameen specializes in providing microfinance and related services to women from rural and low-income households in India. The company focuses on offering various microcredit loans aimed at income generation, home improvement, family welfare, and emergencies. In addition to these financial products, CreditAccess Grameen also provides micro insurance services that include life and health insurance, along with access to a national pension scheme. The organization further supports its members through non-financial services such as enterprise development, financial literacy programs, basic health and nutrition education, and training on women's rights and gender issues. Members are organized into Joint Liability Groups, fostering a supportive community for financial empowerment and education.
Covalto, founded in 2015 and based in Mexico City, is a fintech company that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Initially known as Credijusto, Covalto has developed a technology infrastructure that utilizes digital tax, e-invoice, and various financial data to underwrite and service SMEs effectively. The company offers a multi-product credit platform, along with banking services and a suite of business analytics tools, making it a one-stop solution for SMEs. In 2021, Covalto made history by becoming the first fintech in Mexico to acquire a regulated bank, which bolstered its digital banking capabilities and expanded its service offerings for SMEs. The platform emphasizes performance-based credit models, allowing clients to access reliable and transparent credit without relying solely on personal credit histories.
Trella is a Cairo-based company founded in 2018 that provides an online platform connecting shippers to carriers in the shipping and transportation sector. The platform enhances the efficiency of drivers and offers opportunities for increased earnings and better load utilization. Trella aims to lower shipping costs through a transparent pricing structure, ensuring shippers have access to reliable carriers. It provides real-time shipment tracking and critical insights into transportation trends and performance, fostering improved decision-making for shippers. By bridging the gap between shippers and carriers, Trella enhances the overall efficiency of the logistics process.
Orb Energy specializes in providing affordable renewable energy solutions for off-grid households in India, primarily through solar home systems. The company offers these systems at a cost of USD 4 per month, catering to low-income customers by leveraging a robust retail distribution network. Currently operating 90 branches, Orb Energy plans to expand significantly, aiming to double its branches and workforce within the next two years, thereby reaching an estimated 250,000 individuals. In addition to solar home systems, Orb Energy is involved in the design, manufacture, installation, and servicing of solar photovoltaic systems for power generation, as well as solar thermal systems for hot water and related lighting components and appliances.
JCM Power Corporation is an independent power producer based in Toronto, Canada, specializing in the development and operation of renewable energy projects in Africa, Latin America, and South Asia. Established in 2009, the company focuses on utility-scale solar photovoltaic projects, wind energy initiatives, and high-voltage direct current (HVDC) transmission systems. With regional offices in Mexico, South Africa, and Pakistan, JCM Power leverages its extensive development expertise—gained from over 70 projects in Canada—to address the growing demand for renewable energy solutions in emerging markets. The firm is currently working on a multi-billion dollar portfolio aimed at enhancing clean power generation in regions with limited experience in renewable technologies.
The main objective of India Shelter Finance is to provide credit to middle income households to acquire new housing or to extend and improve their current housing. The Company provides home loans up to a maximum of 20 lakhs to low and middle income urban borrowers for a period of up to 20 years. These loans can be used by borrowers for purchase of apartments, construction of homes, home improvements and home extensions.
Africa Data Centres operates a network of interconnected, carrier and cloud-neutral data centre facilities across the continent, facilitating digital transformation for businesses. By leveraging global expertise tailored for local markets, Africa Data Centres offers rapid and secure data centre services and interconnections. Their strategically located facilities serve as vital hubs for critical business data, providing access to numerous leading cloud providers, carriers, and enterprises. The East Africa Data Centre, situated in Nairobi's Sameer Industrial Park, is particularly notable for its optimal hosting capabilities for both African and international companies. It connects to extensive carrier networks throughout Kenya and offers long-distance fibre routes to several neighboring countries, making it a key node in East Africa's connectivity landscape.
Puntored is a provider of financial transaction services aimed at low and middle-income populations. The company offers a variety of products, including payment, withdrawal, deposit, and virtual services, through a nationwide network strategically located in underserved neighborhoods. This focus allows Puntored to reach unbanked individuals in need of accessible financial solutions. Additionally, Puntored develops financial applications that support both financial and non-financial services, enhancing transactional capabilities at multiple points of sale. By doing so, Puntored not only facilitates individual access to financial services but also encourages the growth of independent businesses.
Shriram Transport Finance Company Limited, established in 1979, is India's leading provider of commercial vehicle finance, specializing in the financing of pre-owned trucks for small truck owners. The company commands a significant market presence, holding approximately 25% market share in the pre-owned truck segment and around 5-6% in new truck financing. With a widespread network of 620 branches and 515 rural centers, Shriram Transport also offers a diverse range of financing options, including tractors, small commercial vehicles, three-wheelers, passenger commercial vehicles, and construction equipment. In addition to vehicle financing, the company is involved in loan origination, valuation, and collection services, solidifying its role as an essential player in the asset financing landscape.
Konfio is a financial services platform based in Mexico City that focuses on providing online financial solutions for small and medium-sized enterprises (SMEs) and micro-entrepreneurs. Founded in 2013, the company offers a range of products including fixed-rate loans, working capital loans, corporate credit cards, and payment solutions, as well as life insurance and personal debt transfer services. Konfio utilizes a proprietary algorithm that leverages data and technology to assess creditworthiness, enabling access to credit for clients who have been underserved by traditional banking. By offering competitive rates and convenient services, Konfio aims to enhance the growth and productivity of SMEs in Mexico.
Motilal Oswal Home Finance Company is a housing finance corporation focused on facilitating homeownership for lower and middle-income families in India. The company provides a range of loan products, including home, plot, construction, composite, home improvement, and home extension loans. It leverages a robust technology platform to streamline the entire loan process, ensuring efficient sourcing, disbursement, and collections. With a commitment to financial inclusion, Motilal Oswal Home Finance aims to empower women and low-income groups by making housing finance more accessible. The company benefits from its strong parentage, characterized by financial stability and technical expertise, and is poised for growth through strategic partnerships, such as one with the DFC, which is expected to enhance its affordable housing loan business.
AgDevCo is a specialist investor that focuses on agribusinesses to support small and medium-sized enterprises. They invest in African agribusinesses with debt and equity to create jobs, improve food security, and boost prosperity. Their investments enable large amounts of private capital to be leveraged into socially responsible farming and agri-processing businesses in Africa, with significant benefits for smallholder farmers and local communities.
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in the developing world. Founded in 2013, the company leverages mobile technology and a network of local agents to facilitate access to a diverse range of quality goods at reasonable prices. Its platform enables users, including those without direct internet access, to browse products and place orders with local shopkeepers, who can then fulfill these orders and manage payments through a mobile payment system. This approach not only empowers consumers but also enhances the distribution capabilities of local businesses, making it easier for rural and peri-urban populations to access essential products conveniently.
Arya Collateral Warehousing Services provides post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages.
Reciki is a trash management company that offers smart waste management systems that include collection, processing, and recycling.
Apollo Agriculture Ltd. is an agtech company based in Nairobi, Kenya, that supports smallholder farmers by providing financial and technical assistance. Founded in 2015, the company offers loans to help farmers acquire essential inputs such as fertilizer, seeds, and crop insurance, along with access to expert advice. By utilizing agronomic machine learning, remote sensing, and mobile technology, Apollo customizes financing packages based on individual farmer needs, assessing credit risk through satellite and soil data. This tailored approach aims to enhance farming practices and significantly increase crop yields, thereby maximizing profits for farmers in emerging markets.
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects lenders with small businesses seeking loans. Established in 2015 and based in Gurugram, India, the company focuses on assisting businesses that often struggle to secure financing from traditional institutions due to a lack of collateral or financial data. Indifi utilizes technology to gather and analyze data from various sources, assessing the creditworthiness and performance of potential borrowers within their respective industries. This approach allows Indifi to identify low-risk, high-potential businesses, thereby expanding access to both short- and long-term funding options. Additionally, the company provides lifecycle support services for lenders, including marketing, customer relationship management, data aggregation, and loan monitoring, while facilitating communication between borrowers and multiple lenders to enhance the likelihood of loan approval.
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.
Origo Commodities India Pvt. Ltd. is a provider of post-harvest management services for agricultural commodities, focusing on enhancing the efficiency of the supply chain. Established in 2011 and headquartered in Gurugram, India, the company offers a wide range of services, including commodity handling, procurement, professional warehousing, quality certification, and stock preservation. It also facilitates delivery points for commodity exchanges, along with audit, surveillance, and trading services. Origo's tech-enabled platform aims to create an inclusive marketplace that promotes secure trade and supports all stakeholders, including producers, processors, corporate entities, and financial institutions. The company is dedicated to reducing risks and waste while adding value throughout the post-harvest supply chain, contributing to a sustainable agricultural economy.
Africa Healthcare Network (“AHN”) has established the first dialysis chain across Sub-Saharan Africa, providing high-quality, life-saving dialysis at affordable cost. AHN brings world-class technical expertise combined with developing world practical operating experience to a region in dire need of quality dialysis treatment. Dialysis is a life-saving treatment for patients with Acute Kidney Injury (AKI) and End-Stage Renal Disease (ESRD). The few hospitals that provide treatment operate centers that are slowly deteriorating while charging prohibitive prices. Additionally, the lack of trained professionals and limited capital investment in care for non-communicable diseases in Sub-Saharan Africa, dialysis centers are few and far between, causing patients to endure the high costs for travel to receive care. Those who cannot afford the costs of treatment and travel are resigned to death. Chronic Kidney Disease (CKD) and AKI are on the rise in the region due to strong epidemiologic factors, including increased urbanization leading to lifestyle diseases, other non-communicable diseases, HIV and other infections and toxins. Utilizing our network of executives/partners, we will secure high-quality equipment and train professionals to provide superior care. Our ability to source lowest cost consumables, operational efficiency and scale, will allow us to lower the cost to patients. The net result is increased access, higher quality and lower cost to patients, while maintaining profitability. AHN operates in Rwanda, Tanzania and Kenya.
Africell, established in 2001, is a prominent mobile telecommunications provider in Africa, focusing on connecting and empowering local communities. The company has achieved significant growth, becoming the leading operator in Gambia and Sierra Leone, while expanding its operations in the Democratic Republic of the Congo and Uganda, where it acquired Orange Uganda. Africell Holdings maintains full ownership of its operations in Gambia, Sierra Leone, and the DRC, and holds a majority stake in Uganda. As of the end of 2016, Africell had approximately 11 million active subscribers. The company offers a range of services, including 2G and 3G voice and data services, and is in the process of deploying LTE services, which are already available in Kampala, Uganda.
TechMet Limited is a private industrial company based in Dublin, Ireland, founded in 2017. It focuses on building, controlling, and monitoring projects throughout the technology metal supply chain, specifically targeting essential metals such as nickel, cobalt, lithium, rare earth metals, vanadium, tungsten, and tin. These metals are crucial for advanced technologies, particularly in electric vehicles, renewable energy systems, and energy storage devices. TechMet aims to secure a stable and sustainable supply of these critical resources, which often face supply chain challenges. The company's investments span various stages of the supply chain, including mining, processing, refining, and recycling, with interests in production and development assets located in Africa, North America, and South America.
Nithio Holdings is an energy finance company focused on the off-grid sector in Africa. Nithio is an energy finance platform that provides services to distributed energy service companies, capital providers, governments, and other stakeholders in the distributed solar energy sector in Africa. It was founded in 2018 and headquartered in Washington, District of Columbia.
Root Capital is a nonprofit social investment fund that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses. The organization also invests in the growth of agricultural enterprises so they can transform rural communities. These businesses purchase crops such as coffee, cocoa, or grains from smallholder farmers. It was founded in 1999 and is headquartered in Cambridge, Massachusetts.
Missio Invest is a financial management firm. Missio Invest provides financing for entrepreneurial development initiatives operated by the Catholic Church. The company provides finance and expertise to support sustainable development within the church's network of agribusinesses, financial institutions, schools, hospitals, and community outreach organizations.
Kasha is an e-commerce platform based in Kigali, Rwanda, that focuses on providing accessible personal care and health products for women in Rwanda and Kenya. Founded in 2016, Kasha offers a wide range of products, including bath and body items, menstrual care supplies such as sanitary pads and tampons, and sexual health products including contraceptives and lubricants. The company also provides pharmaceuticals, pain relievers, supplements, and mom and baby care products. Kasha aims to promote health for women at all stages of life, addressing needs related to maternal health, menstrual hygiene, family planning, and chronic diseases. By operating both online and in urban and rural areas, Kasha seeks to enhance accessibility to essential health and personal care products.
Banco Davivienda S.A. is a prominent Colombian bank established in 1972, specializing in a diverse range of banking services for individuals, businesses, and the rural sector. The bank offers retail, commercial, and international banking products, including various deposit accounts, loans for consumers and businesses, mortgage services, and asset management. Additionally, it provides financial solutions in both local and foreign currencies, as well as insurance and credit card services. Banco Davivienda operates approximately 725 branches and 2,621 ATMs across Colombia and in countries such as Panama, Costa Rica, Honduras, El Salvador, and Miami. As a subsidiary of Grupo Bolívar S.A., it employs over 15,000 staff and serves more than 6.6 million customers, making it one of the largest banks in Colombia by assets and profits. The bank's headquarters is located in Bogotá, Colombia.
Prodigy Finance Limited operates an online platform that facilitates education loans for international postgraduate and MBA students, enabling them to finance their degrees through a community of lenders. Founded in 2006 and based in London, the platform connects student borrowers with alumni, institutional investors, and qualified private investors, as well as banks. Prodigy Finance specifically targets master's degree students in 18 countries, aiming to make higher education more accessible to individuals who may lack traditional financing options. Additionally, the company offers a mobile app that allows users to manage and access their loan information conveniently.
Nova Lumos sells residential off-grid rooftop solar electricity generation systems, which are capable of powering lights and a range of DC appliances including phone chargers, small televisions and fans. Nova Lumos has its headquarters in Amsterdam in the Netherlands.