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*By default we only show investments made since the start of 2012. If you want to include our pre-2012 legacy portfolio, or search a specific date range, amend the date range above.

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Investment name Country Region Sector Status
Ulink AgriTech Private Limited

ULink AgriTech Private Limited provides a technology platform to farmers. The company offers data analysis, farm management, price information, and other services to customers in India.

Website:
https://www.zaubacorp.com/company/ULINK-AGRITECH-PRIVATE-LIMITED/U51900PN2008PTC157070

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $5m South Asia Food & Agriculture December 2021 Active
Investment 02 $504.93k South Asia Food & Agriculture May 2023 Active
India South Asia Food & Agriculture Active
UNICAF

UNICAF is Africa’s leading online and blended learning higher education provider.

The company provides international-standard post-graduate degree programs to working adults across Africa, but at a price-point that is up to 80 per cent less than the cost of those degrees in the UK or US.

Founded in 2012 by Dr Nicos Nicolaou, UNICAF partners with international universities, and offers its own locally accredited degrees. It has grown rapidly and now reaches approximately 15,000 students, growing at more than 50 per cent each year.

The company has a physical presence in nine African countries, including branch campuses in Malawi and Zambia.

Website:
https://www.unicaf.org/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $11.66m Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Consumer - Education May 2016 Active
Investment 02 $479.25k Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Consumer - Education October 2017 Active
Investment 03 $6.15m Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Consumer - Education March 2018 Active
Africa, Botswana, Egypt, Ghana, Guyana, Jamaica, Kenya, Malawi, Nigeria, South Africa, Uganda, Zambia, Zimbabwe Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Consumer - Education Active
Upgrid Solutions Private Limited

Battery Smart is building India’s largest network of battery swapping stations for commercial 2 and 3 wheeler electric vehicles (EV) with an aim of accelerating EV adoption by making it simpler and more affordable for the mass market.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 02 $5.96m South Asia Infrastructure May 2024 Active
India South Asia Infrastructure Active
Utkarsh Small Finance Bank

Based in Uttar Pradesh, Utkarsh is a small finance bank which provides financial services to the under-served low-income rural and urban population in north and east India.

It started operating back in September 2009, and provides group loans, micro, small and medium enterprise (MSME) loans, housing loans and savings accounts to the unbanked population.

Website:
https://www.utkarsh.bank/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $10.61m South Asia Financial services December 2014 Active
Investment 02 $22.09m South Asia Financial services January 2017 Exited
Investment 03 $3.28m South Asia Financial services November 2017 Active
India South Asia Financial services Active
Valency International Ltd pte

Valency is a vertically integrated food ingredients business headquartered in Singapore, with operations across more than 15 countries in Africa and Asia. Valency was established as a commodities trader in 2007; in 2016, the company began a process of backward integration in order to create and capture more value across the supply chain, ensure consistent product quality, and deliver a more traceable end product over time.

Website:
https://www.valencyinternational.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m South Asia, Southeast Asia, West Africa, Western Asia Food & Agriculture October 2023 Active
Ghana, India, Nigeria, Singapore, United Arab Emirates South Asia, Southeast Asia, West Africa, Western Asia Food & Agriculture Active
Vay Networks Services Pvt Ltd

Vay Networks is India’s largest network for trade financing. The company aims to accelerate the growth of supply chains by unlocking affordable and easily accessible trade credit for every member of the supply chain.

Website:
https://vayana.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $4m South Asia Communications & IT services October 2021 Active
India South Asia Communications & IT services Active
Veritas Finance Private Limited

Veritas lends to over 12,000 micro, small and medium-sized enterprise (MSME) customers in rural and semi-urban areas.  It provides small individual loans for working capital and business expansion. Veritas currently operates more than 100 branches across Tamil Nadu, Puducherry, Karnataka, West Bengal and Odisha. Lok IV invested $14.6m.

Website:
http://www.veritasfin.in/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $10.08m South Asia Financial services June 2017 Active
Investment 02 $5.37m South Asia Financial services March 2018 Exited
Investment 03 $11.49m South Asia Financial services May 2018 Active
India South Asia Financial services Active
Virunga

Virunga Energy is a hydro-electric power business in the Democratic Republic of Congo (DRC), backed by the UK charity, Virunga Foundation. It provides clean electricity to communities living in and around Virunga National Park in North Kivu, Eastern Congo.

CDC’s investment will support the development of the electricity grid and the construction of two new plants, resulting in almost 30 megawatts (MW) of new generation.

Website:
https://energies.virunga.org/en/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $9m Central Africa Infrastructure March 2016 Active
Democratic Republic of Congo Central Africa Infrastructure Active
Virunga Energies S.A.U

Virunga Energy is a hydro-electric power business in the Democratic Republic of Congo (DRC), backed by the UK charity, Virunga Foundation. It provides clean electricity to communities living in and around Virunga National Park in North Kivu, Eastern Congo.

Website:
https://energies.virunga.org/en/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 02 $3.5m Central Africa Infrastructure June 2024 Active
Democratic Republic of Congo Central Africa Infrastructure Active
Winnergy for Renewable Energy Projects SAE

The Nubian Suns projects comprise 13 solar power plants located in the Benban Solar Park, near Aswan in Egypt. These plants will add a 590 megawatt (MW) capacity to the park.

Winnergy for Renewable Energy Projects SAE is one of these plants, with a 5oMW capacity.

The projects are funded by a syndicate of lenders led by the IFC.

When complete, Benban will be the largest solar power installation in the world with up to 1.65GW capacity and 32 solar plants.

Nubian Suns play a central part in round 2 of the Egypt Feed-In Tariff solar power programme which is introducing international investors and banks to Egypt at a crucial time for the country.

The Egyptian government launched this large-scale initiative in 2015 and has offered strong support for the Nubian Suns projects.

Website:
https://www.ntt-altawakol.com/the-group-companies/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $3.75m North Africa Infrastructure October 2017 Active
Egypt North Africa Infrastructure Active
Wolkus Technology Solutions Private Limited (Fasal)

Fasal is an artificial intelligence-powered platform for the agriculture ecosystem that records a variety of growing conditions on farms. It then uses artificial intelligence and data science to make predictions and insights.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $2.5m South Asia Food & Agriculture December 2023 Active
India South Asia Food & Agriculture Active
WorldLink Communications Limited

WorldLink is the largest private sector internet service provider in Nepal.

Website:
https://worldlink.com.np/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $11.85m South Asia Communications & IT services March 2019 Active
Investment 02 $8.6m South Asia Communications & IT services July 2022 Active
Nepal South Asia Communications & IT services Active
Wortgage Technologies Private Limited

WeRize is building a financial services platform. Its focused on providing a service for blue and grey-collar, low-middle income consumers residing in outlying districts and smaller cities in India, who are typically underserved by financial institutions.

Website:
https://www.werize.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $2.99m South Asia Financial services June 2022 Active
India South Asia Financial services Active
Zambeef Products PLC

As Zambia’s largest integrated agribusiness, Zambeef is an iconic company within Zambia and the wider Southern African region. The group is vertically integrated, operating its own arable farms which produce, process, and distribute beef, chicken, pork, milk, dairy products, eggs, stock feed and flour.

Zambeef’s chain of 170 plus retail outlets is making affordable and quality animal protein widely available to consumers through a modern retail network; the network operates across the country, including in areas which lack access to other formal retail providers.

The company employees over 6,000 people directly, and creates many thousands more jobs throughout its supply chain, making it one of the country’s largest employers.

Website:
https://www.zambeefplc.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $65m Southern Africa Food & Agriculture September 2016 Active
Zambia Southern Africa Food & Agriculture Active
Zambia National Commercial Bank Plc

Zambia National Commercial Bank, commonly known as Zanaco, founded in 1969 and listed on the Lusaka Securities Exchange, serves retail customers, large corporations, agri-business and public sector clients. Zanaco is a leading indigenous bank in Zambia and one of the largest and oldest banks in the country.

Website:
https://www.zanaco.co.zm/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $30m Southern Africa Financial services December 2022 Active
Zambia Southern Africa Financial services Active
Zephyr Power

Zephyr Power (PVT) Limited is a company incorporated in Pakistan which is constructing a 50 megawatt (MW) wind farm in Gharo, near Karachi.

Website:
http://zephyrpwr.com/about-us

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $19.8m South Asia Infrastructure April 2017 Active
Pakistan South Asia Infrastructure Active
Zephyr Wind Farm

Zephyr Power (PVT) Limited is a company incorporated in Pakistan which is constructing a 50 megawatt (MW) wind farm in Gharo, near Karachi.

Website:
https://www.zephyrpwr.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $20.65m South Asia Infrastructure April 2017 Active
Pakistan South Asia Infrastructure Active
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Fund name Country Region Sector Status
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Download data (1748 rows)

Investment name Fund Country Region Sector Start date Status
Brantu Sawari Ventures North Africa Fund I Cooperatief U.A. Egypt North Africa Communications & IT services June 2020 Active
Breadfast Endure Capital 21 C.V. Egypt North Africa Manufacturing January 2022 Exited
Brimore Endure Capital 21 C.V. Egypt North Africa Communications & IT services January 2022 Active
Britam Holdings AfricInvest III Africa Africa Financial services April 2018 Active
Britania Foods Limited Catalyst Fund II LP Kenya East Africa Food & Agriculture December 2016 Exited
Broadreach Metier Sustainable Capital II Southern Africa Africa Infrastructure June 2020 Active
Broron Oil & Gas Africinvest II Nigeria West Africa Other December 2013 Active
BSB International SCB Funded Risk Participation - Sierra Leone Sierra Leone West Africa Food & Agriculture January 2018 Exited
BTI Payment Pvt Ltd Dynamic India Fund S4 I India South Asia Financial services August 2019 Active
Bugoye Hydro Limited Africa Renewable Energy Fund Uganda East Africa Infrastructure September 2015 Active
Bukwo HPP Ltd DI Frontier Fund 2 Uganda East Africa Infrastructure June 2019 Active
BumiBaru Pte. Ltd. Wavemaker Impact Sub-Fund 1 Indonesia, Vietnam Rest of the World Food & Agriculture December 2023 Active
Bus Rapid Transit Dakar Meridiam Infrastructure Africa Fund Senegal West Africa Infrastructure December 2021 Active
Butterfly Learnings Insitor Impact Asia Fund 2 India South Asia Communications & IT services December 2022 Active
Butterfly Marketing Ltd Frontier PE (Cayman) L.P. Bangladesh South Asia Consumer - other services July 2012 Active
Buyerassist Io Inc Stellaris Venture Partners India I India South Asia Communications & IT services March 2021 Active
BVC Geothermal Ltd DI Frontier Fund 2 Kenya East Africa Infrastructure December 2017 Active
C Squared InvestCo Convergence Partners Communications Infrastructure Fund Mauritius East Africa Communications & IT services July 2017 Active
C Squared InvestCo Convergence Partners Digital Infrastructure Fund Mauritius East Africa Communications & IT services September 2023 Active
Cailogistics Takura II Zimbabwe Southern Africa Infrastructure August 2016 Active

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