British International Investment

TLCom TIDE Africa Fund

AfricaKenyaNigeriaAfricaCommunications & IT servicesConsumer - EducationConsumer - HealthFinancial services

TLcom is an Africa-focused venture fund investing in early-stage businesses that leverage technology to improve suppliers and consumers’ market access and participation in key sectors of the economy such as education, agriculture, transportation and logistics, healthcare, and financial services. Through the TIDE Africa Fund, TLcom has backed some of Africa’s most prominent early-stage companies, including Kobo360, Andela and Twiga Foods.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Communications & IT services, Consumer - Education, Consumer - Health, Financial services December 2019 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Ajua Kenya East Africa Communications & IT services October 2017 Active
Andela Africa Africa Consumer - Education October 2017 Active
Ilara Health Inc Kenya East Africa Consumer - Health September 2020 Active
Kobo 360 Nigeria West Africa Communications & IT services November 2018 Active
Okra Nigeria West Africa Communications & IT services March 2020 Active
Pula Kenya East Africa Financial services October 2020 Active
Shara Africa Africa Communications & IT services May 2020 Active
Terragon Nigeria West Africa Communications & IT services May 2018 Active
twiga Foods Kenya East Africa Communications & IT services November 2018 Active
uLesson Kenya East Africa Consumer - Education November 2019 Active
Vee8 International Holdings Inc Nigeria West Africa Communications & IT services December 2020 Active

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