Impact Investors in Africa

4G Capital is a leading African fintech firm dedicated to empowering micro, small, and medium enterprises (MSMEs) across the continent. The firm provides smart business loans, financial literacy training, and digital financial services designed to foster sustainable growth for underserved entrepreneurs. They employ a unique 'touch-tech' approach, which blends personalized support from a network of agents with digital access through mobile money platforms, making financing simple, secure, and stress-free.Founded in 2013, 4G Capital's mission is to address the significant financing gap, often referred to as the 'Missing Middle,' for small businesses in Africa. The firm leverages proprietary machine learning technology to assess the creditworthiness of MSMEs, enabling rapid and convenient loan approvals without requiring collateral. This innovative approach allows them to deliver high-fidelity insights from traditionally data-dark sectors, ensuring that loans are right-sized and risk-based.Rather than traditional equity investments, 4G Capital's portfolio consists of the numerous micro and small businesses they empower. They have disbursed millions of loans to hundreds of thousands of customers, with a notable impact on their clients' growth and livelihoods. The firm is also a Certified B Corporation, emphasizing its commitment to balancing purpose and profit by aligning with UN Sustainable Development Goals and focusing on social impact, including supporting women traders and rural markets.The team at 4G Capital is driven by a mission to foster financial inclusion and economic growth. They provide bespoke business training programs and credit guidance through both mobile applications and in-person outreach via a nationwide network of branches in Kenya and Uganda. This blend of technology and human interaction is central to their strategy, enabling them to build strong relationships with clients and deliver impactful results.

AAIC Investment is a Singapore-headquartered venture capital firm primarily focused on impacting the healthcare sector in Africa. The firm provides growth capital and long-term value to fast-growing companies, aiming to synergize Japan's strengths with the growth of developing countries. They manage dedicated funds, including the Africa Healthcare Fund (AHF1) and the Africa Innovation & Healthcare Fund (AHF2), which also extends to broader technology companies supporting social infrastructure, finance, insurance, and logistics.AAIC Investment was established in 2013 as the fund management arm of AAIC Holdings, which was founded in 2008 by Susumu Tsubaki. Tsubaki, who serves as Director and CEO, played a pivotal role in forming Japan's first Africa-focused fund in 2014. The firm's inception was driven by a vision to support new business development, market entry, and M&A through consulting and investment in emerging markets across Asia and Africa, with a particular emphasis on healthcare.AAIC Investment has built a diverse portfolio of innovative companies. Notable investments include DeepEcho, an AI-powered fetal ultrasound analysis platform, and LifeQ, a South African biometric data analytics company. The firm has also invested in Rology, a company focused on radiological innovation, and supported the expansion of a "bricks-and-clicks" pharmacy model in East Africa. Other portfolio companies mentioned include Lifebank, Credable, Yodawy, and Africa Healthcare Network, demonstrating their commitment to digital health, fintech, and broader healthcare solutions across the continent.The team at AAIC Investment comprises experienced professionals with diverse backgrounds in finance, consulting, and international development. Key members include Susumu Tsubaki, the CEO, who has extensive experience in consulting and investment across developing countries. Shigeru Handa, a Director, brings over two decades of experience in business development consulting and venture capital, including a tenure at Boston Consulting Group and UNDP Iraq. Principals like Hiroki Ishida and Nobuhiko Ichimiya lead operations in key African markets such as Kenya and Nigeria, leveraging their financial and business management expertise to drive portfolio company growth. The firm also benefits from a strong advisory team with deep experience in African business and healthcare.

Africa Health Ventures is a venture capital firm dedicated to investing in early-stage healthcare startups across African markets. The firm focuses on pre-seed and seed stage ventures that demonstrate significant potential for both societal impact and financial profitability. Their investment strategy is centered on identifying and supporting innovative solutions that can accelerate the advancement of Africa's healthcare industry.The firm was founded in 2024 by Rowena Luk, who also serves as its Managing Partner. Luk is a seasoned digital health and healthtech entrepreneur and a software engineer with extensive experience in scaling health technology solutions across numerous African countries. Her background in building digital health products, companies, and communities across the continent underpins the firm's mission to empower the next generation of healthcare entrepreneurs in Africa.Africa Health Ventures seeks out startups with a minimum viable technology product and at least one full-time founder. The firm provides not only founder-friendly capital but also leverages its deep domain expertise and extensive networks to help portfolio companies unlock new markets, secure further investments, and build strong teams. Notable portfolio companies include Intron Health, BioVana, Reme-D, and Malaica.The firm's team, led by Rowena Luk, brings a wealth of relevant expertise in healthcare and technology. They are committed to addressing the critical need for seed capital in the African healthcare sector, aiming to foster resilient businesses that can scale and deliver tangible health outcomes across the continent.

Alitheia Capital is a pioneering impact-investing private equity and financial advisory firm headquartered in Lagos, Nigeria. The firm specializes in identifying and investing in high-potential businesses across Africa, operating with a philosophy of "true profit with a purpose." This approach involves deploying private capital into Small and Medium-sized Enterprises (SMEs) that not only generate financial returns but also address critical business, social, or environmental needs within their communities. Alitheia Capital manages over $250 million in assets across various funds, demonstrating a strong commitment to sustainable and inclusive growth across the continent.Established in 2007 by Tokunboh Ishmael and Jumoke Akinwunmi, Alitheia Capital has been at the forefront of Africa's venture capital and private equity landscape for over two decades. Their inaugural fund launched in 2009, and since then, they have played a pivotal role in nurturing Africa's tech ecosystem, often as the first institutional investor in high-impact technology companies. The firm is particularly known for its flagship gender lens fund, Alitheia IDF, which boasts a portfolio exceeding USD 100 million and is recognized as the continent's premier and largest gender lens fund.Alitheia Capital's diverse portfolio includes investments in companies such as Lupiya, a Zambian Fintech firm; Hinckley Recycling, Nigeria's first registered e-waste recycler; OmniRetail, a B2B media and information services company; and Complete Farmer, an agribusiness venture. Other notable investments include Paga and MAX.Ng in the fintech and mobility sectors, Reelfruit and Psaltry International in agro-processing, Wemy in manufacturing, and SparkMeter in clean energy solutions. The firm also made an exit from Baobab Nigeria, a financial institution providing inclusive banking services.The team at Alitheia Capital comprises seasoned professionals with a diverse blend of investment prowess and occupational expertise. Key team members include Tokunboh Ishmael as Managing Partner, Yewande Adewusi as Chief Operating Officer, and several Investment Principals such as Oti Ilentamhen, Moyosore Babalola, and Oyindoubra Eghaghe. They provide both financial backing and strategic guidance to their investee companies, fostering long-term partnerships and implementing robust risk management practices. The firm's commitment to gender inclusion is evident in its proactive investments in women-led, women-focused, and women-serving businesses, aiming to drive social transformation and entrepreneurial innovation.

BIO, the Belgian Investment Company for Developing Countries, is a development finance institution that focuses on promoting private sector growth in emerging and developing economies. Founded by the Belgian government, BIO operates with the mission of fostering entrepreneurship, economic sustainability, and inclusive development through strategic investments in businesses that contribute to job creation and economic stability. BIO provides long-term financing to enterprises and financial institutions that are often underserved by traditional investors. These include SMEs, microfinance institutions, and renewable energy projects. Its investment tools include equity, quasi-equity, loans, and guarantees, tailored to the specific needs of each project. In addition, BIO emphasizes environmental, social, and governance (ESG) standards across its portfolio, actively promoting sustainable business practices. Operating with a strong developmental mandate, BIO prioritizes investments that contribute to the UN Sustainable Development Goals. The company targets high-impact sectors such as financial services, renewable energy, agribusiness, and infrastructure, with a geographic focus on Africa, Latin America, and Asia. BIO’s strategic partnerships with other development finance institutions and private investors amplify its impact in catalyzing economic development.

BluePeak Private Capital is an alternative asset management firm established in 2019, dedicated to providing bespoke financing solutions to mid-sized businesses across Africa. With offices in Tunis, Nairobi, London, and Luxembourg, the firm addresses critical financing gaps by offering tailored capital structures that support sustainable growth and resilience. The firm manages impact-driven funds, including the BluePeak Private Capital Fund SCSp, which reached a final close at USD 156 million in September 2023. BluePeak's investment strategy focuses on sectors such as healthcare, education, energy, consumer goods, agribusiness, manufacturing, telecoms/infrastructure, and logistics, aligning with ESG principles and Sustainable Development Goals. Committed to fostering inclusive economic development, BluePeak integrates environmental and social considerations into its investment processes. By partnering with businesses that demonstrate strong growth potential and a commitment to positive impact, BluePeak aims to generate attractive returns while contributing to the advancement of African economies.

Cerberus Capital Management, L.P., founded in 1992, is a leading global alternative investment firm headquartered in New York City. With approximately $65 billion in assets under management, Cerberus specializes in private equity, credit, and real estate strategies. The firm leverages its integrated investment platforms and proprietary operating capabilities to drive long-term value for investors. The firm is known for its flexible and disciplined investment approach, often targeting distressed assets and underperforming businesses across the capital structure. Cerberus has built a strong track record through value-driven turnarounds, including high-profile investments such as Chrysler and various non-performing loan portfolios worldwide. With a presence across North America, Europe, Asia, Australia, South America, and Africa, Cerberus operates through a global network of affiliate and advisory offices. Its diversified strategies and operational depth allow it to navigate complex markets and deliver consistent returns across asset classes and geographies.

Chui Ventures is an investment company founded in 2021 and headquartered in Nairobi, Kenya, that backs exceptional African startups at the early stage of their growth. The firm focuses on investing in tech-enabled, high-growth businesses led by African founders who combine strong local expertise with a global mindset. Their approach is holistic, emphasizing gender diversity and exclusively supporting African entrepreneurs. Operating with a Pan-African focus, Chui Ventures invests across multiple sectors including fintech, healthtech, digital commerce, agritech, logistics, and consumer-facing platforms. The firm prioritizes solutions tailored to local market realities and underserved demographics, aiming to unlock the infinite potential of Africa by providing catalytic capital and strategic support to early-stage companies. Chui Ventures combines local expertise with a global mindset, with a team that has over 60 years of combined experience in global corporate banking, private equity, and wealth management across Africa, the USA, and the UK. The firm has successfully closed its inaugural Fund I at approximately $17.3 million and is actively deploying capital across several Sub-Saharan African markets, with plans to expand into North Africa and increase exposure to financial services, B2B software, digital commerce, and climate technology sectors. The investment philosophy places emphasis on supporting local founders and ensuring gender inclusivity in investment practices.

Climate VC is an S/EIS fund dedicated to investing in pre-seed and seed-stage climate startups with the ambitious goal of achieving gigatonne-scale carbon impact. The firm focuses on identifying and funding elite founding teams that are developing innovative solutions to decarbonize various aspects of the economy and daily life. Their investment scope covers critical areas such as food systems, transportation, energy generation, and manufacturing, aiming to ignite early-stage ventures that can drive significant environmental change.The firm was founded in 2021 by a team of experienced entrepreneurs and investors, including Peet Denny, James Knight, and Doug Scott. They are united by a shared passion for addressing the climate crisis through bold innovation and a commitment to supporting startups that prioritize both climate impact and commercial returns. Climate VC's strategy involves backing high-potential UK-based climate startups, with a vision for these companies to collectively contribute to a gigatonne of avoided emissions by the mid-2030s.Climate VC's portfolio showcases a diverse range of climate solutions. Notable investments include companies focused on carbon removals (such as CUR8 and enhanced rock weathering solutions), climate finance data platforms, carbon insurance for climate risks, ocean thermal energy conversion, and advancements in graphene for battery materials. They also support innovations in the built environment (e.g., slashing steel waste, carbon accounting software), rail freight efficiency, carbon-negative food systems, green finance initiatives in emerging markets, soil health testing, insect genetics for protein markets, scaling bioreactors, and nature restoration software.The team at Climate VC brings a wealth of expertise to their investments. Peet Denny, a Founding Partner, is an experienced founder, operator, and investor with a background in Fintech and AI. James Knight, an Investor, specializes in Natural Capital, Carbon Removals, and Climate Finance. Doug Scott, a Co-Founder and Advisor, is a serial founder and angel investor with a track record of numerous investments. The firm is further supported by an advisory board comprising prominent figures in environmental campaigning, sustainable business, and climate technology, including Marta Krupinska, Ed Gillespie, Mark Stevenson, Jim Mann, and Michael Pawlyn.

E Squared Investments is a South African impact investor operating within the venture capital and private equity sectors. The firm is dedicated to empowering responsible entrepreneurs by investing in high-growth businesses, fund managers, and social enterprises. Their core mission is to deliver both commercial returns and measurable social outcomes, contributing to economic development and transformation in South Africa.The firm's origins trace back to the vision of the late Dr. Allan Gray, who recognized his societal responsibility. E Squared was founded and launched in 2007 as an Allan Gray BEE partner, with funding activities commencing in 2017. They employ a multi-faceted approach, including direct investments, a Fund of Funds strategy, and comprehensive post-investment support to foster sustainable growth and impact.E Squared's portfolio is diverse, spanning various sectors and backing visionary founders. Notable investments include companies like Alignd, Altera Biosciences, Regenize, GoMetro, Khula, WeThinkCode_, Zaio, Pele Energy Group, Havaic, and TFLCo. The firm actively supports enterprises that generate sustainable commercial value, address transformation, economic development, and social change, and tackle unemployment and inequality within South Africa.The leadership team at E Squared brings extensive experience in organizational leadership, investing, operations, and governance across venture capital, private equity, and impact investing. Key team members include Gladwyn Leeuw (CEO), and Trustees such as Rob Dower, Ntebo Nkoenyane, Nadya Bhettay, Zipho Sikhakhane, and Lungile Mdluli, who also serves as the Board Chair.

Finnfund is a Finnish development financier and impact investor dedicated to fostering a more sustainable future by investing in businesses that address global development challenges. The firm provides risk capital, long-term investment loans, and mezzanine financing, along with expertise, to private sector projects in developing countries as defined by the OECD/DAC. Finnfund's strategic focus areas include digital infrastructure and solutions, clean energy, sustainable forestry, sustainable agriculture, and financial institutions. The firm emphasizes investments that generate measurable development impacts, such as job creation, climate action, gender equality, and human rights.Established in 1980, Finnfund was founded by the Finnish government to support Finnish businesses in their investment endeavors within developing nations. It operates as a state-owned company, with the Finnish State holding the majority ownership (96.64%), alongside Finnvera (3.30%) and the Confederation of Finnish Industries (0.06%). Finnfund's profits are reinvested into new projects that further sustainable development, reflecting its long-term mandate and commitment to development finance.Finnfund's diverse portfolio includes notable investments across various sectors and regions. Examples include Zain Group in telecommunications, d light and Indifi for financial services, Access Bank, and Wave Systems, a unicorn in cross-border money transfers. The firm has also supported companies like Ecofy in digital financing for green transition in India, CIM Santé Group in Moroccan healthcare, EthioChicken for food security, JUMO for mobile financial services, and Miro Forestry for sustainable plantation forestry in West Africa. Other investments span microfinance institutions like Bailyk Finance in Kyrgyzstan and Oasis Credit in Uzbekistan, and digital access initiatives in Latin America.The Finnfund team comprises approximately 100 experts specializing in finance, development impact, corporate responsibility, legal affairs, and administration. These professionals are based in the firm's headquarters in Helsinki, Finland, and its regional office in Nairobi, Kenya, enabling them to operate effectively across developing countries worldwide. Their collective expertise is crucial in identifying, evaluating, and supporting profitable and responsible businesses that align with Finnfund's mission to create lasting positive change.

Launch Africa Ventures is a prominent Pan-African venture capital firm dedicated to bridging the significant funding gap for Seed and pre-Series A technology startups across Africa. The firm employs a high-touch, high-scale approach to identify and support promising ventures across diverse sectors, including fintech, artificial intelligence, logistics, healthcare, e-commerce, edtech, climate tech, and agritech. Their investment strategy focuses on backing startups that address critical challenges and demonstrate strong market opportunities within the African continent, aiming to foster innovation and transform the region's economic landscape.The firm was co-founded in 2020 by Zachariah George and Janade Du Plessis, who have been pioneers in early-stage venture capital in Africa since 2014. George's background in investment banking and angel investing, combined with Du Plessis's expertise in entrepreneurship, research, and banking, laid the foundation for Launch Africa Ventures. Since its inception, the firm has rapidly grown, investing in over 150 startups across 22 African countries and establishing itself as one of the most active seed-stage VC funds on the continent.Launch Africa Ventures has built a diverse portfolio, with notable investments in companies such as Kuda, a neobank offering digital banking services in Nigeria; MarketForce, a B2B e-commerce retail platform in Kenya; and GOMYCODE, an edtech startup providing digital skills training in Tunisia. Other portfolio companies span various sectors, including financial software (Liquify, VaulFi), media (Baskett, Lounges.tv), and business/productivity software (Andela). The firm has also achieved successful exits with companies like Orcas, Kashat, and Baia, demonstrating its ability to generate returns for its investors.The Launch Africa Ventures team comprises experienced professionals with a deep understanding of the African market. Co-founders Zachariah George and Janade Du Plessis lead a diverse team that includes investment managers, portfolio associates, and a robust investment committee. This collective expertise enables the firm to provide not only capital but also strategic guidance and access to extensive global advisory networks and corporate distribution channels across Africa, thereby unlocking significant value for its portfolio companies.

LeapFrog Investments is a pioneering impact investment firm founded in 2007, with a mission of "Profit with Purpose." The firm focuses on scaling high-growth, purpose-driven businesses that provide essential healthcare, financial services, and climate solutions to emerging consumers in Africa and Asia. LeapFrog’s portfolio companies have reached over 559 million people, including 403 million low-income consumers, and generate more than $7.1 billion in annual revenues, supporting 33 million jobs through micro-, small, and medium enterprises (MSMEs).With a strong emphasis on combining profitability with social impact, LeapFrog partners closely with portfolio companies to drive growth, operational excellence, and customer-centric innovation. The firm employs proprietary value creation programs such as the Talent Accelerator and Customer Experience Launchpad to enhance leadership and service delivery. LeapFrog’s investments typically grow revenues at an average annual rate of 22-24%, demonstrating robust financial and social returns.Headquartered in Mauritius with offices across Africa, Asia, Europe, and Australia, LeapFrog has raised over $2.6 billion from global institutional investors including Temasek, Prudential Financial, and the Overseas Private Investment Corporation (OPIC). The firm is recognized globally for its leadership in impact investing, having been named by Fortune as one of the top five Companies to Change the World and playing a key role in establishing industry standards for impact measurement and management.

Lightrock is a global sustainable investment platform headquartered in London, with six offices worldwide including Zürich, Utrecht, Bengaluru, Nairobi, and São Paulo. Founded in 2009 by Prince Maximilian of Liechtenstein, Lightrock focuses on backing purpose-driven entrepreneurs who tackle the world’s biggest challenges through scalable, tech-driven business models. The firm operates across private and public markets, managing over $5.5 billion in assets and supporting more than 90 portfolio companies globally. Lightrock’s investment approach centers on three core impact themes: people, planet, and productivity/tech for good. The firm actively supports its portfolio companies to scale internationally and maximize both commercial success and measurable social and environmental impact. Their proprietary ESG and impact frameworks guide investments across sectors such as ClimateTech, Healthcare, SaaS, FinTech, RegTech, Cybersecurity, HRtech, and EducationTech. With a diverse team of over 130 employees, Lightrock combines global reach with a local approach, maintaining offices in key regions including Europe, North America, Latin America, Asia, and Africa. The firm is backed by LGT, an international private banking and asset management group, and other leading global institutions. Lightrock is also a certified B Corporation, reflecting its commitment to responsible and impactful investing.

Lombard Odier is an independent Swiss banking group with a rich history dating back to 1796. The firm operates as a global wealth and asset manager, serving both private and institutional clients. Their core offerings encompass private banking, comprehensive wealth management, and sophisticated asset management solutions. A distinctive aspect of Lombard Odier's approach is its strong emphasis on sustainable investing, aiming to align client objectives with positive environmental and social outcomes.Founded in Geneva, Switzerland, Lombard Odier has maintained its independence through a unique partnership model, where the firm is wholly owned and managed by its Senior Managing Partners. This structure fosters a long-term perspective and a client-centric approach, allowing for stability and continuity across generations. The firm has consistently evolved, integrating cutting-edge banking technology not only for its own operations but also offering these solutions to other financial institutions.While Lombard Odier focuses on a broad range of traditional and alternative investments, specific notable investments or portfolio companies are not publicly highlighted in the provided information, as their primary business revolves around managing client wealth and assets rather than direct venture capital investments in specific startups. Their investment strategies span various asset classes, including private equity, real estate, infrastructure, and natural resources, often with a sustainable lens.The team at Lombard Odier comprises experienced professionals across wealth management, asset management, and technology. The firm emphasizes a culture of excellence, innovation, respect, integrity, and teamwork. With a global presence across more than 25 offices in 19 jurisdictions, their experts provide local expertise combined with an international outlook, ensuring tailored solutions and a deep understanding of diverse market dynamics for their discerning clientele.

Oppenheimer Generations is a family office representing the global interests of the Nicky and Jonathan Oppenheimer family. Established in 2018, the firm operates as a diverse community of commercial ventures and not-for-profit organizations. Their core philosophy centers on investing in business, people, and the environment as a catalyst for sustainable development and growth, with a strong commitment to leaving the world better than they found it and building prosperous societies through focused engagement across various lands, cultures, and communities.The firm's investment focus is broad, encompassing sectors such as consumer goods, food and agriculture technology, business and productivity software, and educational and training services. They engage in various investment stages, including Seed and Series C rounds, and are actively seeking new investments. Oppenheimer Generations has demonstrated a commitment to impact investing, aligning their commercial activities with their philanthropic goals to foster positive societal and environmental outcomes.Notable investments by Oppenheimer Generations include companies like Growsari and BluLever Education. Growsari, a business/productivity software company, received a Series C investment in 2024, while BluLever Education also forms part of their portfolio. The firm often co-invests with other funds, indicating a collaborative approach to its investment strategy.The leadership of Oppenheimer Generations includes Nicky and Jonathan Oppenheimer, who bring extensive experience from their careers in prominent global corporations and their long-standing commitment to conservation and education. Jonathan Oppenheimer serves as Executive Chairman, actively involved in the family's commercial and philanthropic endeavors, while Nicky Oppenheimer, as Chairman, continues his legacy in environmental and conservation leadership, also supporting educational initiatives through the Oppenheimer Memorial Trust.

Reddy Holdings is the investment, growth, and philanthropic platform of the G V Sanjay Reddy family office. The firm is dedicated to backing passionate early-stage founders who are pushing boundaries and aiming to radically change the world. They invest in visionary ideas and partner with companies from their inception through to IPO, taking meaningful stakes and providing active mentoring to accelerate growth, drive scale, and create lasting value. Reddy Holdings also supports exciting business opportunities and is committed to making a positive global impact.The firm carries forward the extensive industrial and philanthropic legacy of the India-based GVK conglomerate, which has a history spanning over 30 years in key sectors such as airports, energy, transportation, hospitality, and real estate. G V Sanjay Reddy serves as the Chairman of Reddy Holdings, leveraging his experience across pharmaceuticals, data analytics, technology, and venture capital to incubate and invest in disruptive technology companies. Pinky Reddy, as Chairperson of the Pinky & Sanjay Reddy Foundation, leads the philanthropic efforts focused on empowering women and providing access to education and healthcare.Reddy Holdings maintains a diverse portfolio of growth-stage businesses and has invested in over 25 startups across the US, India, Africa, and Southeast Asia. Notable portfolio companies include Aragen, India’s second-largest biopharmaceutical CRO, and Excelra, a rapidly growing data analytics business. The firm has also successfully invested in several unicorns such as Cred, Upstox, Hive, Chipper Cash, and Genies, demonstrating a strong focus on technology and fintech innovators. Other investments span areas like embedded insurance technology (Salty), online medical platforms (Docplexus), aviation technology (FLY), financial wellness (Carver Edison), circular carbon economy (Climes), and AI-driven healthcare (Jivi).The team at Reddy Holdings, including G V Sanjay Reddy and G V Keshav Reddy, brings a wealth of entrepreneurial and investment expertise. They emphasize a long-term vision over short-term gains, offering capital, network access, and mentorship to help portfolio companies scale and expand, particularly in the Indian market. Their approach is sector and geography agnostic, seeking out the world's most promising businesses with innovative models and category-defining visions.

Sagana is an independent impact investment advisory firm dedicated to unleashing the potential of business, capital, and people to foster human and planetary health. The firm works with a diverse range of clients, including wealth holders, family offices, fund managers, corporates, development finance institutions, development agencies, and foundations. Sagana's core mission is to align financial success with purpose, offering bespoke investment strategies, portfolio construction, investment execution, and portfolio management services. They focus on sourcing and evaluating high-impact direct and fund investments that deliver measurable results without compromising returns.Sagana was founded in 2017 by Raya Papp and Wolfgang Hafenmayer. Both co-founders transitioned from successful careers in consulting and banking, driven by a shared vision to demonstrate that business can be a powerful force for both prosperity and positive change. Their journey, which began with grassroots impact work and evolved into leading global investments in sustainable ventures, shaped the ethos of Sagana, a name meaning "abundance" in Tagalog. This philosophy underpins their global efforts to identify and fund solutions for pressing global challenges.The firm has supported numerous organizations in integrating impact-driven practices. Notable case studies include assisting Verod Capital in becoming the first 2X Certified Private Equity fund for gender equality in Africa, developing an impact strategy for The Barlow Foundation to align 100% of their endowment with impact, and designing a USD 15 million initiative for the Swiss Agency for Development and Cooperation (SDC) to enhance financial inclusion for migrant women. Sagana also helped Cementos Molins develop a Science-based target strategy for decarbonization, showcasing their expertise in environmental sustainability.Sagana boasts a team of over 40 passionate, impact-driven investment advisors spread across more than 12 countries. This global presence provides unparalleled reach and on-the-ground insights, enabling the firm to screen thousands of companies and funds annually to identify scalable, high-impact, and financially successful solutions. The team is united by values of courage, authenticity, respect, responsibility, and excellence, working collaboratively to transform visionary ideas into lasting positive change for people and the planet.

Samata Capital is an investment firm dedicated to making private sector investments in early-stage, scalable businesses across emerging markets, with a strong focus on East and West Africa. The firm employs a gender-lens approach, aiming to advance opportunities for women and promote gender diversity and inclusion within the entrepreneurial ecosystems it supports. Samata Capital provides both financial capital and strategic support, including access to business service networks, governance expertise, coaching, and advisory assistance, to help its portfolio companies achieve sustainable growth and amplify their impact.Founded in 2017 by Lisa G. Thomas, Samata Capital was established with the core principle of driving equitable and inclusive economic growth. The firm's name, "Samata," is a Bangla word meaning equality, reflecting its mission to ensure equal opportunities for both men and women to succeed. Lisa G. Thomas, the Founder and Managing Director, brings extensive experience in venture capital and private equity investing, particularly in emerging markets across Africa, Asia, and the Caucasus.Samata Capital targets high-growth industry segments including agribusiness, consumer products, financial services, healthcare, and technology. The firm's portfolio includes companies such as Neopenda, which arms health workers with life-saving technology in Kenya, and Uncover, a company revolutionizing women's self-care in Africa. Other portfolio interests include innovating needs-based medical technologies, manufacturing and distributing healthy snack foods in Nigeria, and driving the adoption of electric vehicles and renewable energy in Ghana.The team at Samata Capital, led by Lisa G. Thomas, includes professionals like Tochi Okoronkwo (Senior Associate Fellow) and Kiendel Burritt (Venture Partner), along with an advisory board. The firm is committed to integrating Environmental, Social, and Governance (ESG) considerations into its business model and works with its portfolio companies to implement best practices, contributing to Sustainable Development Goals such as Gender Equality, Decent Work and Economic Growth, and Reduced Inequalities.

SPE Capital is an independent investment management firm dedicated to responsible investing and consistently delivering superior returns. The firm focuses on growth equity investments, acting as a long-term strategic partner to its portfolio companies. They provide financial, strategic, and operational support, emphasizing a patient capital approach to drive both solid financial returns and positive social impact. SPE Capital primarily targets opportunities across Europe, Africa, and the Middle East, leveraging its extensive regional knowledge and on-the-ground presence.The firm was established in 2016 as a spinout from Swicorp, a prominent regional investment banking firm. This origin provided SPE Capital with a strong foundation and an experienced team that had already invested over USD 500 million across Africa and the Middle East since 2005. The founding team brought together a wealth of expertise and a shared vision for value creation through strategic partnerships.SPE Capital's investment portfolio spans various sectors, including notable companies such as Orchidia Pharmaceutical Industries, a leading ophthalmic pharmaceutical manufacturer in Egypt, Africa, and the Middle East. Other key investments include Ademat, a provider of power security solutions in Côte d'Ivoire; GlobalCorp, a non-banking financial services company in Egypt; Vital, a nutritional supplements producer in Tunisia; and Clinique Tilila, a multidisciplinary private clinic in Morocco. The firm also shows interest in emerging technologies, as evidenced by its insights on Artificial Intelligence in emerging markets' private equity.The firm is led by an experienced senior team of over 20 members, boasting nearly 100 years of combined experience in the private equity sector. This team is characterized by an entrepreneurial spirit, a commitment to excellence, and a 'boots-on-the-ground' approach, working closely with partners. Key team members, such as Edouard Pontet, Managing Partner and COO, bring extensive experience in private equity across emerging markets and a background in international law, overseeing critical operational functions including finance, legal, investor engagement, and ESG.