15 Organizations That Will Help Fund Your Start Up Business In Africa

Posted by: lukwago J in Business March 12, 2016

(6) Agri-Vie

Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa. Since it started in 2008, it has invested over $100m in Africa’s food and agribusiness sector.

Its investments in Africa include: Dew Crisp (South Africa), Africa Juice (Ethiopia), Fairfield Dairy (South Africa), New Forests Company (Tanzania), Hygrotech (South Africa), Kariki Group (Kenya) and Vida Oils (Mozambique).

Investment focus:

Agri-Vie focuses on the following areas: food and beverages , convenience foods (including fresh-packed and prepared foods), protein products including poultry, aquaculture and beef; value-added dairy products, including yoghurts, desserts, cultured milk; health & wellness products; forestry and timber products; agricultural inputs including seeds, bio-friendly fertilisers and crop-protection; food logistics – cold chain, warehousing, distribution; and renewable energy.

Contact information

Tel +27 (0)21 913 5662
Fax +27 (0)21 913 8954
E-Mail : [email protected]

To send an email or apply for investment, follow this link.

(7) Bamboo Finance

Bamboo Finance is a commercial private equity firm specializing in investing in business models that benefit low-income communities in emerging markets. It has offices in Luxembourg, Geneva, Bogota, Nairobi and Singapore. Launched in 2007, the firm seeks to demonstrate that private capital can be profitably deployed as a tool for effective change around the world. To date, Bamboo Finance manages about $250 million; representing two global funds and a combined portfolio of 46 investments operating in 30 emerging market countries.

Investment focus:

Bamboo finance usually invests in businesses that satisfy the following conditions:
The business must provide essential goods and/or services affordably to low income communities unreached (or underserved) by existing businesses.
The usage of its products/services should result in improvements in quality of life and/or efficiencies that translate into increased income or reduced expenses?

Contact information

Email: [email protected]
Tel: +41 22 544 2070 (Switzerland)

To send an email or apply for investment, follow this link.

(8) CDC GROUP

Founded in 1948, CDC is the UK’s Development Finance Institution (DFI) wholly owned by the UK Government’s Department for International Development (DFID). It is the world’s oldest DFI with a history of making successful
investments in businesses which have become industry leaders.

CDC actively supports businesses throughout Africa and South Asia, and its portfolio of investments is valued at over £2.5bn (year end 2013). In November 2013, CDC announced a US$18.1m investment into Feronia, an agricultural production and processing business focused on palm oil plantations and arable farming in the Democratic Republic of Congo (DRC).

Investment focus:

The CDC equity investments team typically looks to invest in established businesses with revenues of $10m+ and a track-record of profitability. CDC will consider start-ups or green-field projects only where there is a strong sponsor(individual or company) who will co-invest alongside CDC and has a strong track-record and delivery capability.

Its main focus areas are: Infrastructure (especially power), Manufacturing, Health, Education, Food-processing and Construction.

To apply for investment, submit your proposal here.

(9) Echo VC Partners

Echo VC Partners is a seed and early stage venture capital firm that is focused on financing and cross-pollinating leading technologies, teams, business models and knowledge across North America, Africa and South-East Asia.

In Africa and SE Asia, the firm focuses on the underserved seed/early-stage venture and growth capital technology investment opportunities.

Investment focus:

Echo VC Partners focus on the following sectors for investment: Consumer Internet and Services, SmartGraph and SmartData, Mobile, Digital Media, Content and Advertising, E/M-commerce, Software, Tech-enabled Services and Enterprise Infrastructure.
Average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of the business.

To apply for an investment, follow this link:

(10) Echoing Green

Since its founding in 1987 by the leadership and investment of the leading global growth equity firm, General Atlantic, Echoing Green has provided more than 600 social entrepreneurs working in sixty countries with $36 million in start-up funding, customized support services, and access to a global network.
These social innovators have gone on to launch, and now lead, some of today’s most important social enterprises throughout the world.

Investment focus:

Echoing Green is interested in supporting social entrepreneurs with breakthrough ideas to address stubborn and deeply-entrenched problems in the world.

To apply for an investment, follow this link.

(11) Endeavor

Founded in 1997, Endeavor is a non-profit organization dedicated to High-Impact Entrepreneurship; identifying and supporting the continued growth of a select group of entrepreneurs in emerging market countries (like in Africa).

Investment focus:

Endeavor selects and supports extraordinary emerging-market entrepreneurs who have the potential to transform industries, communities, and even countries. It selects individuals of all ages, ethnicities and educational backgrounds, delivering a meritocratic message to the developing world: that through hard work, creativity and values-driven leadership, individuals living anywhere, from any background, can turn an entrepreneurial idea into a world-class venture.

Endeavor screens thousands of entrepreneurs each year and selects those with exceptional, high-impact potential. Through a rigorous, multi-step selection process (12-18 months), candidates pass a series of local and regional interviews before presenting to panelists from its global business network at International Selection Panels held four to five times each year.

For an investment inquiry, contact them through their link here.

(12) eVA Fund

The eVentures Africa Fund (eVA Fund) was launched in January 2010 and is dedicated to mobilising capital and experience in the Netherlands/Europe to invest in small and medium-sized African internet related companies.

eVA Fund exclusively provides funding to startups in sub-Saharan Africa. Some of its investments include: Nomanini, Verviant, Umuntu Media, and MoboFree.

Investment focus:

The eVA Fund focuses on and invests only in companies that use technology within Africa to build world-class platforms that deliver local content for Africa.
This includes startup businesses in the following areas: internet and/or mobile applications, platforms, e-commerce and solution-providers (i.e. not in infrastructure and hardware).

To apply for an investment, follow this link.

(13) Fanisi Venture Capital Fund

Fanisi Venture Capital Fund is a $50M fund which makes direct investments (private equity and venture capital) in businesses with potential for substantial growth. Fanisi Capital was founded in 2009 by the Norwegian Investment Fund
for Developing Countries (Norfund) and Amani Capital Limited.
Some of its investments in Africa include: Hillcrest International Schools (Kenya), Sophar Pharmaceuticals (Rwanda), Ngare Narok Meat Industries (Kenya) and Haltons Pharmacy (Kenya) among others.

Investment focus:

The Fund focuses on a segment of the market that has to date been outside the reach of most venture capital funds in the East African market (Kenya, Tanzania, Rwanda and Uganda).
Fanisi makes direct investments in high growth businesses across diverse industry sectors with emphasis on: Agri-Business, Healthcare, Energy & Natural Resources Services, Retail & Consumer and Education. It focuses principally on companies that are post-revenue with profits or are on a clear path towards profits.

To apply for an investment, fill out a form by following this link:

(14) FMO Entrepreneurial Development Bank

FMO is the Dutch development bank that finances entrepreneurs, companies, and projects from developing and emerging markets. Founded in 1970, FMO is a public-private partnership, with 51% of its shares held by the Dutch government, and 49% held by commercial banks, trade unions and other private-sector representatives.

FMO has funded several projects across Africa. It supports entrepreneurs, companies and projects with equity, loans and guarantees; capital market transactions; mezzanine and other tailor-made solutions; and long-term and
short-term project financing.

Investment focus:

FMO provides support to sectors that it believes can have the highest long- impact. These include: Financial Institutions, Energy and Agribusiness, and Food & Water.

To apply for an investment, follow this link.

(15) Ford Foundation

Established in 1936, The Ford Foundation provides grants to organizations in the United States, Latin America, Africa, the Middle East and Asia. Since its founding, the Ford Foundation has distributed more than $16.3 billion in grants
worldwide.
The Foundation receives more than 40,000 proposals annually and makes over1,400 grants. The Foundation’s assets are valued at more than $10.3 billion.

Investment focus:

The Ford Foundation’s grants focus on initiatives aimed at reducing poverty and injustice; promoting democratic values; and advancing human knowledge,creativity and achievement.
The Foundation makes a very limited number of grants to individuals, generally restricted to fellowships for advanced study.

To apply for an investment ( grants ), follow this link.

Source: hepycam

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