Impact-driven SMEs
Revenue-generating businesses in essential sectors, ready for structured capital. They employ at scale, pay tax, and rarely fit a venture curve. We fund them with the instrument their cash flows can carry.
Thesis
Scale isn’t
a sector.
The companies that will define African growth this decade won’t all be software. Some will move money. Some will move goods, power, food and credentials. We back all three at the moment they’re hardest to fund.
Where we invest
Enabling infrastructure
The physical and digital rails other businesses depend on. Every business built on top makes the rail more valuable, and lowers the cost of building the next company.
Scalable technology
Software and tech-enabled platforms built for continental reach. We look for products that solve an African problem first and travel second, with unit economics that improve as they grow.
How we underwrite
Conviction, with a floor.
Early-stage risk is real. We price it, structure around it, and stay close enough to act on it.
Structure that fits
We match the investment structure (convertible notes, preferred equity or secured debt) to each business’s stage, cash flow and needs.
We back real traction
We favour businesses with revenue, cash flow or real assets, alongside founders building for the long term.
Gender-diverse teams
We prioritize gender-diverse teams because we believe diverse perspectives make stronger companies.
Operators, not observers
Our partners have built, financed and exited companies in regulated African markets and beyond. We bring that experience to every founder partnership.
How we invest
Three instruments. One discipline.
Convertible note
A fast, founder-aligned bridge to an institutional round.
Equity
Governance, alignment and enough capital to reach the next inflection point.
Structured debt
Working-capital and receivables facilities matched to contracted cash flows.
Investment process
From first meeting to capital.
Screening
1–2 weeks
Initial call & evaluation
1 week
Due diligence
3–4 weeks
Investment committee
2 weeks
Legal & funding
2–3 weeks
*Timelines are subject to available funding cycles