The Public Investment Corporation (PIC) is a government-owned investment management company based in Pretoria, South Africa, established in 1911. As the only firm in the country that focuses exclusively on the public sector, PIC manages assets for a range of public entities, including pension funds, social security funds, and development funds. With its operations comparable to those of private sector asset managers, PIC is recognized as one of the largest and most successful investment managers in Africa. The organization employs a combination of both internal and external fund managers to oversee its investments, ensuring a diverse and strategic approach to asset management. The governance of PIC is overseen by a board of directors, which is responsible for directing the management of the fund's assets.

African Development Bank (AfDB), established in 1964 and headquartered in Abidjan, Ivory Coast, operates as a multilateral development finance institution. It offers loans, guarantees, risk management products, trade finance, treasury services, equity investments, and technical assistance to support development projects and programs across Africa. AfDB collaborates with national and international institutions to facilitate public and private sector investments aimed at economic growth and social progress. Its concessional financing window, African Development Fund (ADF), provides low-income countries with grants, loans, guarantees, and capacity-building support for poverty reduction initiatives.

International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. Headquartered in Washington, D.C., with global offices, IFC provides financial and advisory services to support economic activities across various sectors such as infrastructure, agriculture, manufacturing, and financial services. It invests in both direct equity and debt, as well as fund investments, with a focus on projects that promote sustainable development and inclusive growth. IFC's investment range typically spans from $1 million to $100 million, with a minority equity stake, often up to 20%. It also offers debt financing, with loan sizes up to 25% of total project costs or 50% for expansion projects. IFC's portfolio includes a mix of asset-backed securities, corporate debt securities, government obligations, equity investments, and derivative assets. It aims to exit investments through domestic stock markets, arrangements with project sponsors, or public listings within 7 to 15 years.

Old Mutual Limited, established in 1845, is a South Africa-based financial services group offering a wide range of products and services to retail and corporate customers in Africa, Asia, and other regions. The company provides life and savings insurance, property and casualty insurance, asset management, banking, and lending services. It distributes these products through various channels, including independent advisers, branches, bancassurance, direct and digital platforms, and workplaces. Old Mutual's services cater to individuals, small and medium-sized businesses, and corporates, helping them achieve their financial goals while promoting sustainable development.

Investec, established in 1974, is a global financial services company headquartered in London. It operates in four key divisions: Asset Management, Wealth & Investment, Specialist Banking, and Corporate & Institutional Banking. The Asset Management division offers active investment products and services to both institutional and individual investors, spanning global, emerging, and frontier markets across various asset classes. The Wealth & Investment division provides wealth management, portfolio management, private office, and stockbroking services, along with investments, pensions, retirement, and tax planning services. The Specialist Banking division caters to high-income and high net worth private clients, offering private banking, property, and corporate advisory services. Additionally, it provides corporate and institutional banking services, including treasury services, specialized lending, and institutional research sales. Investec serves clients in the United Kingdom, South Africa, Australia, and internationally.

British International Investment is a development finance institution and impact investor based in London, United Kingdom. Established in 1948 and wholly owned by the UK Government's Department for International Development, BII aims to foster long-term economic growth and sustainability in emerging markets, particularly in Africa and South Asia. The institution invests across various sectors, including infrastructure, health, and agribusiness, with a focus on job creation and business development. BII provides financial support through debt, equity capital, and mezzanine financing, both directly and via intermediaries, catering to a wide range of industries such as distribution, education, consulting, logistics, and electronics.

REdimension Capital is a Johannesburg-based financial services provider established in 2021, specializing in venture capital with a primary focus on the built environment. The company adopts an advisory-based approach to foster innovation and sustainability within the real estate sector. As a licensed entity operating under the Financial Advisory and Intermediary Services (FAIS) Act, REdimension Capital is committed to regulatory compliance and maintaining high professional standards. The firm aims to reshape the future of South African real estate by making strategic investments in PropTech and clean technology initiatives. By creating an ecosystem that accelerates innovation, REdimension Capital seeks to contribute to the development of a more sustainable and efficient built environment.

African Infrastructure Investment Managers (AIIM) is a South Africa-based private equity firm specializing in the development and management of long-term infrastructure funds. AIIM invests in unlisted equity across various sectors, including roads, power, telecommunications, and social infrastructure, in East, West, and Southern Africa. With USD1.9 billion in equity under management across seven funds, AIIM actively manages investments, targeting a mix of core and core-plus infrastructure assets, with a focus on renewable energy and ESG considerations.

The European Bank for Reconstruction and Development (EBRD) is a multilateral development finance institution established in 1990. Headquartered in London, it operates primarily in Central and Eastern Europe, the Caucasus, Central Asia, and the Southern and Eastern Mediterranean. The EBRD provides a range of financial products and services, including loans, equity investments, and guarantees, to support private sector development and promote sustainable growth. It serves various sectors such as agribusiness, energy, finance, and infrastructure, and also offers policy dialogue and advisory services. The EBRD has invested over €130 billion in more than 5,200 projects since its inception, playing a significant role in fostering change and economic development in its regions of operation.

Nedbank, established in 1888, is a South African commercial bank headquartered in Sandton. It offers a broad spectrum of banking and financial services, catering to individuals, small businesses, and government sectors. Nedbank's services include deposit accounts, credit cards, loans, insurance, investment services, and wealth management. Through its subsidiaries, it also provides corporate and investment banking, global market services, and private equity investments, focusing on mid-market unlisted companies. Nedbank operates in South Africa and internationally, with a presence in Africa, Europe, Asia, the United States, and other regions.

E4EAfrica, known as Entrepreneurs for Entrepreneurs, is focused on supporting early-stage ventures in South Africa, ranging from pre-series A to scale-up phases. The organization aims to identify and nurture smart entrepreneurs and innovative business ideas that not only have the potential for growth but also contribute positively to the development of South Africa. E4EAfrica's mission is to empower entrepreneurs, fostering an environment where impactful businesses can thrive and help improve the socio-economic landscape of the region.

Sanari Capital is a South African private investment company established in 2013 and located in Sandton. The firm specializes in growth and expansion investments, partnering with business owners and management teams to develop companies, concepts, and ideas. Sanari Capital focuses on various sectors including B2B commercial services, education and training, food products, environmental services, cybersecurity, software as a service, advanced manufacturing, clean technology, health technology, and e-commerce, among others. The firm's investment strategy is centered on supporting innovative and impactful businesses across the African region.

The Raba Partnership is a venture capital firm established in 2019 and based in Cape Town, South Africa. The firm specializes in collaborating with founders of innovative start-ups and companies that are developing technology solutions to address significant challenges within emerging ecosystems in Africa. Raba focuses on sectors such as logistics, supply chains, and financial services, aiming to support the creation of foundational technology companies on the continent. It is backed by a distinguished group of venture capitalists, technology entrepreneurs, and families with extensive experience in building global businesses across various industries.

Norrsken22 is a growth investment firm established in 2016 and based in Cape Town, South Africa. The company focuses on partnering with talented entrepreneurs to foster the development of Africa's next technology giants. Norrsken22 primarily invests in sectors such as medtech, ed-tech, and fintech, aiming to support innovative businesses that can drive significant impact and growth within the continent's technology landscape.

Goodwell Investments, established in 2005, is a private equity and venture capital firm headquartered in Amsterdam, the Netherlands, with additional offices in Cape Town, South Africa, and Nairobi, Kenya. The company specializes in early-stage, growth capital investments in the Fintech sector, focusing on small and medium-sized enterprises in impact sectors such as microfinance, mobile payments, affordable housing finance, and renewable energy. Goodwell primarily invests in India, Sub-Saharan, and West Africa, with a focus on Ghana and Nigeria. It seeks to make risk capital or equity investments, typically committing a minimum of €2.5 million, and aims to hold these investments for five to ten years. The firm also provides advisory services to its portfolio companies and seeks board representation. Goodwell only takes minority stakes, less than 50%, in its investments.

Ethos Private Equity, founded in 1984 and based in Illovo, South Africa, is a prominent private equity firm that has played a pioneering role in the South African market. With a focus on long-term investments, Ethos targets medium-to-large businesses across various sectors, including financial services, healthcare, agriculture, food, manufacturing, mining, information technology, telecommunications, electronics, retail, logistics, construction, and transportation. The firm has successfully invested in over 100 companies, leveraging extensive local networks and international reach to achieve consistent outperformance relative to the stock market. Ethos is independently owned and managed, ensuring that the interests of its investment professionals are aligned with those of its stakeholders. The firm is actively investing from its sixth fund, which represents one of the largest pools of third-party capital in Africa.

Google for Startups is an initiative launched in 2011 that focuses on supporting startups globally by providing access to Google's products, connections, and best practices. The program partners with over fifty leading startup organizations to foster entrepreneurial ecosystems in more than 135 countries. It offers various resources, including financial support and exclusive programming, to help these partners and their startups thrive. Central to this initiative are six Google for Startups Campuses located in London, Tel Aviv, Seoul, Madrid, São Paulo, and Warsaw. These Campuses serve as collaborative spaces where startup founders can access mentorship, educational resources, and networking opportunities within their local communities. Startups benefit from free workspaces, community events, and a network of like-minded entrepreneurs, all aimed at nurturing their growth and innovation across diverse sectors such as healthcare, retail, finance, and technology.

University Technology Fund is a venture capital firm based in Stellenbosch, South Africa, established in 2020. The fund specializes in commercializing technology, intellectual property, and research developed at South African universities. It targets investments ranging from pre-seed to series-A stages, aiming to support innovative projects that emerge from the academic sector. By focusing on university-derived technologies, the fund seeks to bridge the gap between academic research and market application, fostering growth and development within the South African innovation landscape.

Bopa Moruo Private Equity, established in 2011 and headquartered in Sandton, South Africa, is a mid-market private equity firm. It invests in established industrial and services companies, providing growth, replacement, or transformational capital to support their development. The firm's strategy is focused on generating long-term capital appreciation by building and enhancing these businesses.

Allan Gray Limited is a privately owned investment management company based in Cape Town, South Africa, with additional offices in Johannesburg. Founded in 1974, the firm focuses on generating long-term wealth for its clients, which include individuals, retirement funds, insurers, trusts, companies, and foundations. Allan Gray manages separate client-focused portfolios in equity, fixed income, and balanced investments, as well as mutual funds. The firm's investment strategy emphasizes value stocks and employs fundamental analysis with a bottom-up stock picking approach. In addition to public equity and fixed income markets, Allan Gray also invests in derivatives, commodities, and property, utilizing in-house research to inform its decisions. The firm benchmarks its portfolio performance against several global indices, ensuring a comprehensive evaluation of its investment outcomes.

Standard Bank Group is a leading commercial bank headquartered in Johannesburg, South Africa, with a rich history dating back to 1862. It operates extensively across 18 African countries and in select emerging markets globally. The bank is structured into various segments, including Personal and Business Banking, Corporate and Investment Banking, and Treasury and Capital Management. It provides a wide range of financial services, such as transactional banking, savings, lending, investment, and insurance. Personal and business banking offerings include current accounts, savings products, loans, and electronic banking services for individuals and small to medium enterprises. The corporate and investment banking segment caters to governments, larger corporations, and financial institutions, offering services in foreign exchange, commodities, trade finance, project finance, and wealth management. Standard Bank Group leverages its deep knowledge of emerging markets to deliver tailored financial solutions to its diverse clientele.

4Di Capital, established in 2009, is a South Africa-based venture capital firm focusing on seed to growth-stage investments in technology-driven sectors. It specializes in Fintech, Insurtech, Healthtech, and Enterprise Software, with a particular interest in under-serviced mobile and internet verticals. The firm invests between ZAR1 million to ZAR5 million, taking equity stakes ranging from 15% to 40%. 4Di Capital is headquartered in Cape Town, with an additional office in Atlanta, Georgia. It provides not only capital but also mentoring, support, and access to networks, working collaboratively with its investments to foster their growth.

The Baobab Network is a prominent start-up accelerator based in Africa, with offices in Nairobi, South Africa, Nigeria, and London. It focuses on supporting early-stage technology ventures across the continent by connecting them with talent and global investors. The organization provides a range of services, including leadership development, entrepreneurship training, strategy design, and resource planning, all aimed at fostering growth and enhancing revenue for participating businesses. In exchange for equity, The Baobab Network offers financial support and a platform for companies to expand their operations and access vital resources, ensuring they receive real-time guidance to navigate the challenges of the entrepreneurial landscape.

Knife Capital, established in 2010, is a South Africa-based growth equity investment firm with offices in Cape Town and London. It focuses on innovation-driven ventures that have achieved product-market fit in their initial market and are ready for international expansion. Knife Capital accelerates this growth by providing funding, leveraging its knowledge and networks. The firm invests through a consortium of funding partnerships, including SARS section 12J Venture Capital Company KNF Ventures and select family offices. Notable exits facilitated by Knife Capital include local technology companies acquired by global giants such as General Electric, Visa, Garmin, and Uber.

Crossfin Technology Holdings is a principal investment firm based in Cape Town, South Africa, with additional offices in Durban and Johannesburg. Founded in 2017, the firm focuses on investing in Fintech companies, particularly those situated in Africa. Crossfin aims to foster economic growth by supporting both high-growth startups and established businesses that generate cash flow. The firm seeks to provide investors with diverse exposure to technology investments within the Fintech sector, contributing to the development and advancement of financial solutions across the African continent and beyond.

Medu Capital, established in 2003, is a Johannesburg-based professional investment management company specializing in private equity. It focuses on sourcing, evaluating, executing, and realizing investments in established South African and African businesses seeking equity risk capital and/or Black Economic Empowerment (BEE) partners. With over R1.6 billion under management, Medu Capital's experienced team has a successful track record across diverse sectors such as healthcare, transport, manufacturing, and retail. The company's owner-managed structure enables quick decision-making and efficient deal execution. Medu Capital is majority Black-owned and managed, promoting transformation in South Africa's investment landscape.

Silvertree Internet Holdings uses tech to reach African consumers. We are a holding and operating company, based in South Africa, that conceives, launches, operates and invests in early- and mid-stage companies targeting the South African and Sub-Saharan African markets. We like business models that are simple or proven, with clear revenue streams, that take advantage of the mobile and Internet future, and that target growing markets and industries. Our operating brands and companies are organised into verticals by business model (click for more). We seek large, growing but inefficient verticals, and use tech to leapfrog old ways of reaching consumers. We focus on capital efficiency and operational discipline. Our brands are growing rapidly, but we also continue to build new businesses, and to invest into and acquire existing companies. Through operational synergies and sharing best practices, we are stronger than a simple sum of parts.

Quona Capital Management Ltd. is a venture capital firm established in 2014, headquartered in Washington, D.C., with additional offices in Bengaluru, Lima, Cape Town, and Mexico City. The firm specializes in early to growth stage investments in the fintech sector, focusing on disruptive innovations that enhance financial inclusion in emerging markets, particularly in Africa, Latin America, and Asia. Quona Capital targets companies that provide a range of financial products and services, including alternative lending, remittances, insurance, and payment solutions. The firm emphasizes investments that improve access to financial services for underserved consumers and small to medium enterprises (SMEs). Its investment strategy also encompasses adjacent sectors such as agriculture, health, education, and mobility. Quona Capital typically invests between $1 million and $10 million, supporting entrepreneurs dedicated to creating innovative financial solutions.

Kalon Venture Partners is a venture capital firm based in Johannesburg, South Africa, founded in 2016. The firm focuses on investing in early-stage African companies, primarily within the technology sector, but also extends its interests to banking, insurance, retail, media, and entertainment. Kalon Venture Partners aims to build a portfolio of high-growth technology companies that feature innovative business models tailored to meet the needs of both existing and emerging institutions and their customers.

RMB Corvest is a private equity firm located in Illovo, South Africa, and is part of the FirstRand Group. Established in 1989, the firm specializes in management buyouts, management buy-ins, and broad-based black economic empowerment transactions. RMB Corvest focuses on investing in established and well-managed businesses across various sectors, including industrial, service, and retail and consumer industries, which have demonstrated a solid performance record. With nearly 200 deals completed, the firm boasts a strong track record and a team of experienced professionals in private equity, supported by the extensive resources of RMB.

Lireas Holdings, established in 1988, is a private equity firm headquartered in Johannesburg, South Africa. It specializes in investing in insurance and insurance technology companies, providing start-up, acquisition, and expansion capital. Lireas prefers majority stakes and focuses on both direct investments and fund of funds, with a preference for South Africa-based companies. It uses its own capital and balance sheet, along with dividends from other investments, to fund its activities.

Mineworkers Investment Company, founded in 1995 and based in Johannesburg, South Africa, is a private equity firm that focuses on investing in long-term cash-generative assets. The firm targets a diverse range of sectors, including industrial products, financial services, media, information technology, and education. Through its strategic investments, Mineworkers Investment aims to support the growth and development of companies within these industries.

Global Capital (Pty) Limited is a boutique investment banking and private equity firm established in 1995, operating in both South Africa and Australia. The firm is partly owned by its management team and Investec Bank Group. Global Capital specializes in managing a range of funds for institutional clients and select private investors, focusing on tailored investment strategies that align with the needs of its diverse clientele.

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

54 Collective, established in 2018, is a South Africa-based venture capital firm that invests in and supports African tech startups, primarily focusing on sectors such as fintech, health tech, agritech, logistics, and e-commerce. The company provides catalytic capital alongside value-add support and leverages its global network to help founders scale their businesses. 54 Collective, a business-focused investor, integrates impact considerations into all its operations, aiming to generate returns for investors while enabling entrepreneurs to grow their ventures.

PayPal, established in 2002, is a leading global digital payment platform that facilitates transactions between consumers and merchants. With over 375 million active users across 200 markets, PayPal enables users to send, receive, and withdraw funds, as well as make and accept payments online and in-store. It partners with a wide range of businesses, from small online stores to large e-commerce platforms, including Anyway Any Day, Ozone.ru, and Aeroexpress in Russia, where it launched in 2013. PayPal's mission is to make financial services more accessible, affordable, and secure, thereby empowering individuals and businesses to participate in the global economy.

Inspired Evolution, established in 2007, is a private equity firm headquartered in Cape Town, South Africa, with additional offices in Africa and Europe. The company specializes in investing in growth-stage companies operating in sustainable environmental and energy technologies sectors across Sub-Saharan Africa. It focuses on clean energy generation, resource efficiency, and other green industries, seeking to generate superior returns while promoting social equity, ecological integrity, and responsible economic growth. Inspired Evolution typically invests between $1.4 million and $14 million in companies with enterprise values between $1.34 million and $15 million, often taking a board seat and acquiring significant minority or majority stakes.

Secha Capital is a patient capital holding company based in Johannesburg, South Africa, focused on investing in small and medium-sized enterprises (SMEs) across the African continent. The company primarily targets early-stage ventures in industries such as agriculture, healthcare, cleantech, technology, and advanced manufacturing. Secha Capital aims to make investments ranging from approximately USD 0.35 million to USD 2 million, with a typical investment horizon of five to ten years. In addition to financial returns, the company emphasizes making impact investments that contribute to job creation and sustainable development in the regions it serves.

88mph is a venture capital firm and accelerator founded in 2011, with headquarters in Nairobi, Kenya, and an additional office in Cape Town, South Africa. The firm specializes in seed and early-stage investments, primarily targeting the mobile-web sector. It focuses on English-speaking African countries, particularly Nigeria and South Africa, and typically invests up to $100,000 in startups. In addition to funding, 88mph offers a three-month accelerator program that provides startups with essential resources, including mentorship on product development, market strategies, company structure, and scalability. The firm aims to enhance the growth prospects of early-stage technology companies by leveraging its network of founders, investors, and industry professionals.

Naspers, established in 1915, is a South Africa-based global internet group operating in over 120 countries. It invests in and builds companies that empower people and enrich communities, focusing on markets with long-term growth potential. Naspers' portfolio spans various sectors such as online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. It has invested in, acquired, or built companies like Azos, PharmEasy, ElasticRun, Alwans, and Vegrow, among others, which provide products and services used by people worldwide.

The Bidvest Group Limited is a diversified South African company engaged in trading, services, and distribution across various sectors. It operates through multiple segments, including Services, Branded Products, Freight, Automotive, Commercial Products, Financial Services, and Properties. The company offers a range of services such as motor retail, vehicle auctioneering, road assistance, and legal advice. It manufactures and distributes consumer and industrial products, as well as electrical and allied goods for various industries, including mining and construction. Additionally, Bidvest provides financial services, freight management, office products, and facilities management. The company also develops and manages properties and is involved in the food and distribution sectors. Founded in 1988 and headquartered in Johannesburg, South Africa, Bidvest has established itself as a significant player in the international investment landscape, focusing on foodservice and broad service industries.

Vantage Capital, established in 2001, is a South Africa-based independent private equity firm. It manages funds for its own account and third parties, focusing on growth-stage buyouts and investments across various sectors, including technology, industrials, and financial services. As one of the few remaining black-controlled, independent private equity firms in South Africa, Vantage Capital is committed to responsible investing and diversity.

Imvelo Ventures is a venture capital firm based in Sandton, South Africa, established in 2019 and managed by Capitec Bank. The firm focuses on investing in the services, energy, financial services, and information technology sectors. With a commitment to fostering innovation and growth, Imvelo Ventures aims to support emerging companies and drive economic development within these industries.

Makalani Management Company (Pty) Ltd, founded in 2005 and headquartered in Johannesburg, South Africa, is a private equity firm specializing in mezzanine financing. The firm manages a significant mezzanine asset portfolio and focuses on deal origination, debt structuring, and portfolio management. Makalani primarily invests in Black Economic Empowerment transactions, targeting large corporate projects, transformational infrastructure, affordable housing, small, medium, and micro-enterprise development, and emerging agriculture, in alignment with the Financial Sector Charter. With a minimum investment threshold of R25 million, the firm predominantly utilizes mezzanine instruments and subordinated debt, although it can also engage in other financial instruments. Currently, Makalani is in the process of raising capital for a second mezzanine fund, aiming to enhance its investment capacity. The firm has established a presence in multiple locations, including an office in Windhoek, Namibia, and London, United Kingdom, and is focused on generating returns for its investors through strategic investment exits within a defined timeframe.

FMO, the Dutch entrepreneurial development bank, is a financial institution based in The Hague, Netherlands, founded in 1970 through a collaboration between the Dutch government and various financial entities. It focuses on supporting the private sector in developing countries and emerging markets across Asia, Africa, Latin America, and Central and Eastern Europe. FMO provides a diverse range of financial products, including long-term project financing, private equity, loans, guarantees, and mezzanine financing. Its investment portfolio is primarily allocated to financial institutions, energy, agribusiness, food and water, and private equity. By offering capital, expertise, and networks, FMO aims to foster sustainable economic development and empower local businesses and projects.

Transaction Capital Limited is a financial services provider based in Johannesburg, South Africa, operating primarily in South Africa and Australia. The company focuses on non-deposit taking financial services and is structured into several divisions, including SA Taxi and WeBuyCars. SA Taxi offers a vertically integrated platform that encompasses vehicle procurement, retail, repossession, refurbishment, and asset-backed developmental finance, catering specifically to the taxi industry. WeBuyCars functions as a buyer, distributor, and retailer of vehicles, while also providing financial and ancillary products. Additionally, Transaction Capital delivers a range of customer management solutions, business support services, and working capital finance to small and medium-sized enterprises (SMEs). Through its fintech platform, the company enhances client engagement and risk mitigation. Transaction Capital aims to leverage its specialized credit, risk, and analytics competencies to address the financial needs of underserved markets, contributing to the broader credit system while enhancing stakeholder value. The company was founded in 2007 and continues to adapt its strategy to meet evolving market conditions.

EXEO Capital, established in 2007, is a South Africa-based private equity firm headquartered in Bellville. It specializes in venture and mid-market investments, focusing on sectors such as food & agribusiness, non-food FMCG, supply chain solutions, health & wellness, and education, among others. Known for its business-building capabilities, EXEO Capital is a sought-after partner in the African alternative investment landscape.

Jozi Angels is an angel network located in Johannesburg, South Africa, dedicated to enhancing the startup ecosystem and fostering the growth of innovative startups. The organization connects approved investors with early-stage companies, providing both capital and mentorship tailored to the investors' professional backgrounds. By aggregating resources and expertise, Jozi Angels enables larger investments and diversifies risk while facilitating effective deal sourcing and screening. The network also emphasizes the importance of community among its members, encouraging camaraderie and shared goals. Through their initiatives, including investments, events, and educational opportunities, Jozi Angels actively contributes to the development of South Africa's emerging innovation economy.

Norsad Finance Limited is a development finance company based in Gaborone, Botswana, founded in 1990. It specializes in providing funding for start-up and expansion investments in South Africa, focusing on mid-market growth companies that aim to contribute positively to the continent. Norsad Finance offers a range of financing options, including long-term investment loans, mezzanine finance, and equity financing. The company employs various financial instruments such as secured and unsecured debt, income participation loans, and convertible loans. Additionally, Norsad collaborates with development finance institutions and commercial banks to co-finance projects, tailoring its financing solutions to meet the specific needs of its clients.

Uncovered Fund is a venture capital investment firm established in 2019 and headquartered in Tokyo, Japan. The firm focuses on early-stage startups, primarily targeting businesses located in Kenya, Nigeria, and South Africa. Uncovered Fund invests in various sectors, including retail, fintech, health tech, logistics, mobility as a service (MaaS), agritech, and smart city initiatives. By concentrating on these regions and industries, Uncovered Fund aims to support innovative entrepreneurs and foster growth in emerging markets.