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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
Ishanagar Power Transmission Limited

Ishanagar Transmission Power Limited is a project company as a part of BII’s partnership with IndiGrid Infrastructure Investment Trust and Norfund. The project consist of the construction of substations and an 18km transmission lines in Madhya Pradesh, India. Once built, the project will help cater to the electricity demand of the proposed green hydrogen plant in the nearby area and for the interconnection of a 630 MW Solar Plant.

Website:
https://www.indigrid.co.in/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $5.05m South Asia Infrastructure August 2024 Active
India South Asia Infrastructure Active
Jacoma Estates Limited

Jacoma Estates is the parent company of Tropha Estates, an agribusiness in Northern Malawi developing over 1,000 hectares of irrigated macadamia orchards. 

The company is focused on producing macadamia nuts for export, and has three nucleus farms and a macadamia processing facility. It has also established smallholder outgrower schemes, supporting over 5,000 independent farmers who produce paprika and birds eye chilli for sale into export markets.

Jacoma is continuing to expand the irrigation and processing facilities at its sites to increase the yield and quality of its core products.

Website:
http://www.jacomaestates.com

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $8m Southern Africa Business and consumer services December 2016 Exited
Investment 02 $1.2m Southern Africa Business and consumer services July 2019 Exited
Investment 03 $2.5m Southern Africa Business and consumer services May 2022 Exited
Malawi Southern Africa Business and consumer services Exited
Janalakshmi Financial Services Ltd

Janalakshmi Financial Services, now Jana Small Finance Bank, started its operations in 2006 as an Indian micro finance institution (MFI) to provide finance for the country’s low-income and underbanked population.

In 2017, the MFI was granted a Small Finance Bank licence, and the rebranded firm began banking operations in March 2018. The Bengaluru-headquartered bank currently has 15,000 direct employees.

It plans to convert most of its existing MFI branches into full-fledged bank branches across 18 states by the end of 2019. This includes 25 per cent of rural branches to serve the unbanked.

Website:
http://www.janalakshmi.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $49.66m South Asia Financial services December 2015 Exited
India South Asia Financial services Exited
Jinnat Textile Mills Limited

Jinnat Textile Mills Limited is a greenfield, cotton yarn spinning mill and is part of the DBL Group, a textiles group in Bangladesh.

Website:
https://www.dbl-group.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $51.8m South Asia Business and consumer services December 2022 Active
Bangladesh South Asia Business and consumer services Active
Jumia

Jumia, part of the Africa Internet Group (AIG), is Africa’s leading internet company operating in more than 20 countries across the continent. It provides a comprehensive range of services – including ecommerce, food delivery, financial services, travel and classified adverts – to Africa’s consumers and small businesses.

Founded in Lagos in 2012 by Jeremy Hodara and Sacha Poignonnec, AIG connects more than 50,000 local and international companies with millions of African consumers. To support this, it has developed its own payments system and one of Africa’s largest logistics operations.

Jumia is listed among the Massachusetts Institute of Technology’s Smartest Companies 2017.

Website:
https://group.jumia.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $56.92m Africa Business and consumer services April 2016 Exited
Investment 02 $2.43m Africa Business and consumer services April 2019 Exited
Africa Africa Business and consumer services Exited
Kallam Transco Limited

Kallam Transco Limited is a project company as part of our partnership with IndiGrid Infrastructure Investment Trust and Norfund. The project involves upgrading a substation and building a 13km transmission line in Maharashtra, India. Once built, the project will help generate 3.25 GW of wind energy in the local area.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $1.42m South Asia Infrastructure August 2024 Active
India South Asia Infrastructure Active
Kamponji Enterprises Limited

Kamponji Enterprises Limited (KEL) is one of Malawi’s leading poultry companies. Established in 2013, the Limbe-based company produces, distributes and retails table eggs, broiler day-old chicks and animal feed across Malawi.

Website:
http://www.kelfoods.net

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Southern Africa Business and consumer services May 2017 Exited
Malawi Southern Africa Business and consumer services Exited
KASHF Foundation

Kashf Foundation is one of the leading microfinance institutions in Pakistan. The organisation promotes female entrepreneurship and has so far enabled more than a million low-income families across Pakistan to improve their standard of living.

Website:
https://kashf.org/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m South Asia Financial services December 2020 Exited
Investment 02 $15m South Asia Financial services December 2023 Active
Pakistan South Asia Financial services Active
Kelix Bio Limited

Kelix Bio (formerly Zanzibar Pharma) is a specialty generic pharmaceuticals business focused on emerging markets. The company aims to develop and commercialise affordable products in countries historically deprived of access to such medications.

Website:
https://www.kelixbio.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $100m North Africa, South Asia Health June 2020 Exited
Investment 02 $50m North Africa, South Asia Health January 2022 Exited
Egypt, India, Morocco North Africa, South Asia Health Exited
Kinara Capital

Founded in 2011, Kinara Capital is a tech-enabled leading provider of unsecured small business loans in India to micro-, small and medium-sized enterprises (MSMEs), focusing on manufacturing and trading in urban and semi-urban cities. Headquartered in Bangalore, it is active in six states and over 90 cities in South and West India through its 125 branches and it has over 30,000 active borrowers.

Website:
https://kinaracapital.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $12.2m South Asia Financial services September 2022 Active
India South Asia Financial services Active
Klinchenberg B.V.

Klinchenberg B.V. (also known as the Scatec-Norfund-BII Africa Hydropower Joint Venture) is a joint venture we are entering with Norfund and Scatec, a leading renewable energy solutions provider, to invest in hydropower projects across Africa in a huge boost to the continent’s renewable energy.

Website:
https://www.klinkenbergbv.co.uk/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $137m Central Africa, East Africa, Southern Africa Infrastructure December 2021 Active
Burundi, Democratic Republic of Congo, Malawi, Rwanda, Uganda Central Africa, East Africa, Southern Africa Infrastructure Active
Leap Agri Logistics (Khagaria) Private limited

Leap is one of the leading agricultural warehousing and logistics companies in India. It has a twofold mission: to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform.

Website:
http://leapifl.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $7.41m South Asia Manufacturing October 2021 Active
India South Asia Manufacturing Active
Leap Agri Logistics (Madhubani) Private limited

Leap is one of the leading agricultural warehousing and logistics companies in India. It has a twofold mission: to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform.

Website:
http://leapifl.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $6.6m South Asia Manufacturing October 2021 Active
India South Asia Manufacturing Active
Liberty Wind Power 1 (PVT) Limited

CDC’s investment is funding the creation of 150 MW of wind farms located in the Jhimpir area of the Sindh province of Pakistan. The project involves three separate schemes of 50 MW each, two developed by Liberty Mills and one by Indus Group.

Website:
https://libertymillslimited.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $27.2m South Asia Infrastructure November 2019 Active
Pakistan South Asia Infrastructure Active
Liberty Wind Power 2 (PVT) Limited

CDC’s investment is funding the creation of 150 MW of wind farms located in the Jhimpir area of the Sindh province of Pakistan. The project involves three separate schemes of 50 MW each, two developed by Liberty Mills and one by Indus Group.

Website:
https://libertymillslimited.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $27.2m South Asia Infrastructure November 2019 Active
Pakistan South Asia Infrastructure Active
Light Microfinance Private Limited

Light Microfinance is a Non-Banking Finance Company registered with the Reserve Bank Of India. Light Microfinance provides microfinance products and services, targeting rural and peri-urban areas, with a specific focus on women. The company operates in Gujarat, Rajasthan, Madhya Pradesh and Haryana.

Website:
https://lightmicrofinance.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $9.3m South Asia Financial services August 2022 Active
India South Asia Financial services Active
Liquid Telecommunications Holding Limited

Liquid Telecom is a leading technology and digital solutions provider in eastern, central and southern Africa. Liquid Telecom is the largest independent fibre and cloud provider in Africa. It has built Africa’s largest independent fibre network. It also operates state-of-the-art data centres in Johannesburg, Cape Town and Nairobi, and is a leading provider of cloud-based services across Africa.

Website:
https://liquid.tech/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $180m East Africa, Southern Africa, Western Europe Technology and telecoms December 2018 Exited
Kenya, Mauritius, Rwanda, South Africa, United Kingdom, Zambia, Zimbabwe East Africa, Southern Africa, Western Europe Technology and telecoms Exited
Liquid Telecommunications Jersey Limited

Liquid Telecom is a leading technology and digital solutions provider in eastern, central and southern Africa. Liquid Telecom is the largest independent fibre and cloud provider in Africa. It has built Africa’s largest independent fibre network. It also operates state-of-the-art data centres in Johannesburg, Cape Town and Nairobi, and is a leading provider of cloud-based services across Africa.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $40m East Africa, Southern Africa, Western Europe Technology and telecoms July 2020 Active
Kenya, Mauritius, Rwanda, South Africa, United Kingdom, Zambia, Zimbabwe East Africa, Southern Africa, Western Europe Technology and telecoms Active
Loadshare Networks Private Limited

Loadshare is an Indian logistics company that uses technology to bring together small and medium logistics companies to create a pan-Indian network reaching local suppliers and rural customers. By bringing together these smaller companies, Loadshare enables them to have better market access, which in turn boosts their growth and creates jobs.

Website:
https://loadshare.net/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $2m South Asia Technology and telecoms March 2020 Active
Investment 02 $4.06m South Asia Technology and telecoms January 2022 Active
Investment 03 $5m South Asia Technology and telecoms August 2024 Active
India South Asia Technology and telecoms Active
Lynx Food Group

We have invested via Lynx Food Group into Lona Group. Lona Group is an integrated fruit businesses in South Africa, involved in activities across the food value chain. This includes farming, aggregating and packing fruit (citrus, mango, grape, olives, and stonefruit), cold storage and logistics, marketing fruit for export and domestic consumption, and fruit and vegetable processing.

Website:
www.lona.co.za

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $6.69m Southern Africa Business and consumer services January 2022 Active
South Africa Southern Africa Business and consumer services Active
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Fund name Country Region Sector Status
Pravega Ventures Fund II

Pravega Ventures is an early-stage venture capital investor backing highly scalable, tech-enabled businesses in India, particularly in the fintech and enterprise spaces.

Website:
https://www.pravegavc.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m South Asia Business and consumer services, Financial services, Manufacturing, Technology and telecoms September 2022 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
ArtistFirst Technologies Inc. India South Asia Business and consumer services December 2022 Active
Constelli Signals Private Limited India South Asia Manufacturing September 2024 Active
Critical Path Technologies Private Limited India South Asia Manufacturing December 2023 Active
Fluid Robotics India South Asia Technology and telecoms December 2023 Active
Grayquest Education Finance Pvt Ltd India South Asia Financial services March 2023 Active
Indinvoice Tech Solutions Private Limited India South Asia Financial services March 2023 Active
Mintoak Innovations Private Limited India South Asia Technology and telecoms March 2020 Active
RagaAI Inc. India South Asia Technology and telecoms December 2022 Active
Zingg Labs Inc. India South Asia Technology and telecoms December 2022 Active
India South Asia Business and consumer services, Financial services, Manufacturing, Technology and telecoms Active
Regional Education Finance Fund for Africa

The Regional Education Finance Fund for Africa was set up by KfW in 2012 with a $27 million investment. The fund provides long-term debt to financial institutions in Africa for on-lending to affordable, private education providers offering primary, secondary and tertiary education as well as for individual school fee loans to parents and students.

Website:
https://www.blueorchard.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Africa Education, Financial services May 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Access Bank Plc Nigeria West Africa Financial services March 2024 Active
Advans Cote d’Ivoire Cote d'Ivoire West Africa Financial services September 2017 Exited
Advans Holding Nigeria West Africa Financial services December 2023 Active
Advans Nigeria Nigeria West Africa Financial services July 2021 Exited
African Microfinance Limited Tanzania East Africa Financial services December 2023 Active
Baobab Mali Mali West Africa Financial services June 2023 Active
Bayport Botswana Botswana Southern Africa Financial services March 2019 Exited
Bayport Ghana Ghana West Africa Financial services July 2018 Exited
Bayport Management Limited Mauritius East Africa Financial services December 2022 Active
Bayport Tanzania Tanzania East Africa Financial services March 2021 Active
Bayport Tanzania Tanzania East Africa Financial services June 2022 Exited
EdPartners Limited Kenya East Africa Financial services November 2023 Active
EFC Zambia Zambia Southern Africa Financial services September 2023 Active
ENDA Tamweel Africa, Tunisia Africa, North Africa Financial services March 2020 Active
Family Bank Kenya East Africa Financial services December 2021 Active
Fanikiwa Tanzania Tanzania East Africa Financial services September 2023 Active
Fidelis Finance Burkina Faso West Africa Financial services December 2020 Active
Fidelis Finance Burkina Faso West Africa Financial services June 2021 Exited
Guilgal Democratic Republic of Congo Central Africa Financial services June 2024 Active
Izwe Ghana Ghana West Africa Financial services February 2020 Exited
Izwe Zambia Zambia Southern Africa Financial services June 2023 Active
Letshego Botswana Botswana Southern Africa Financial services December 2020 Active
Letshego Ghana Ghana West Africa Financial services June 2021 Active
Letshego Kenya Limited Kenya East Africa Financial services May 2021 Active
MyCredit Kenya Kenya East Africa Financial services June 2023 Active
PAMECAS Senegal West Africa Financial services October 2023 Active
Regional Education Finance Fund for Africa (for DI metrics) Africa Africa Education May 2018 Exited
Select Eswatini Eswatini, Kenya, Lesotho, Malawi, Mauritius, Uganda East Africa, Southern Africa Financial services December 2019 Active
Sterling Bank Plc Nigeria West Africa Financial services March 2022 Active
Sumac Microfinance Bank Kenya East Africa Financial services June 2021 Exited
Victoria Finance Tanzania East Africa Financial services September 2023 Active
Africa, Botswana, Burkina Faso, Cote d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Mali, Mauritius, Nigeria, Senegal, Tanzania, Tunisia, Zambia Africa Education, Financial services Active
Sawari Ventures North Africa Fund I Cooperatief U.A.

Sawari Ventures is venture capital fund manager based in Cairo,investing in knowledge and innovation-based technology companies across North Africa.

Website:
https://sawariventures.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $12m North Africa Education, Financial services, Health, Manufacturing, Technology and telecoms November 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
ADVA – First Systems for Integrated Applications Egypt North Africa Technology and telecoms April 2022 Active
Almentor Holdings Egypt North Africa Education December 2019 Active
Axis Pay BV Egypt North Africa Financial services July 2021 Active
Blnk B.V. Egypt North Africa Financial services February 2022 Active
Brantu Egypt North Africa Technology and telecoms June 2020 Active
Docspert Health Limited Egypt North Africa Health December 2022 Active
Elves Egypt North Africa Technology and telecoms February 2020 Active
Empoweromics Egypt North Africa Technology and telecoms March 2021 Exited
Expandcart Egypt North Africa Technology and telecoms September 2020 Active
Fatura Egypt North Africa Technology and telecoms November 2020 Exited
Flat6Labs Cairo (FAC) Egypt North Africa Financial services November 2020 Active
Flat6Labs Tunis (Anava) Tunisia North Africa Financial services November 2020 Active
Fulfillment Bridge Tunisia North Africa Technology and telecoms November 2021 Active
GoodsMart Egypt North Africa Technology and telecoms May 2020 Active
Kashier Payments Holding Egypt North Africa Financial services November 2021 Active
MoneyFellows Egypt North Africa Financial services February 2020 Active
Pearl Semiconductors Egypt North Africa Technology and telecoms May 2021 Active
Proteinea Inc. Egypt North Africa Health April 2022 Active
SiWare/Neospectra Egypt North Africa Health September 2020 Active
Smart Transport Services and Applications Egypt North Africa Manufacturing March 2019 Active
Egypt, Tunisia North Africa Education, Financial services, Health, Technology and telecoms Active
SCB Funded Risk Participation – Sierra Leone

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $16.5m Africa Business and consumer services, Food and agriculture, Infrastructure, Manufacturing October 2018 Exited

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Afrigas Sierra Leone West Africa Infrastructure January 2018 Exited
Automotive Supplies Sierra Leone West Africa Business and consumer services January 2018 Exited
Benco Trading Sierra Leone West Africa Manufacturing January 2018 Exited
BSB International Sierra Leone West Africa Business and consumer services January 2018 Exited
Commodities Trading Company Sierra Leone West Africa Business and consumer services January 2018 Exited
Concord Store Sierra Leone West Africa Manufacturing January 2018 Exited
Fawaz Building Materials Sierra Leone West Africa Manufacturing January 2018 Exited
G Shankerdas and Sons Sierra Leone West Africa Food and agriculture January 2018 Exited
Lintel Sierra Leone Limited Sierra Leone West Africa Manufacturing March 2016 Exited
Mackie Building Materials Sierra Leone West Africa Manufacturing January 2018 Exited
Merani and Sons Sierra Leone West Africa Business and consumer services January 2018 Exited
Milla Group Sierra Leone West Africa Manufacturing January 2018 Exited
Saad Group Sierra Leone West Africa Business and consumer services January 2018 Exited
Selina Enterprise Sierra Leone West Africa Manufacturing January 2018 Exited
Sierra Leone Cement Corporation Limited Sierra Leone West Africa Business and consumer services December 2016 Exited
Sierra Leone Africa Business and consumer services, Food and agriculture, Infrastructure, Manufacturing Exited
SCB Funded Risk Participation – Zimbabwe

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $27m Southern Africa October 2018 Exited
Southern Africa Exited
SDG Outcomes Fund

SDG Outcomes Fund is the first fund of its kind dedicated to to development and social outcomes partnerships (a model sometimes called “development impact bonds”) in low- and middle-income countries globally including Africa and South Asia.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m Rest of the World Education, Health, Infrastructure March 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
ASRH Kenya DIB Kenya East Africa Health September 2023 Active
Cambodia Revenue Finance Facility Cambodia Rest of the World Infrastructure March 2024 Active
India LiftEd India South Asia Education March 2024 Active
Istanbul Kodluyoruz Youth ICT Employment Social Impact Bond Turkey Rest of the World Education March 2024 Active
Cambodia, India, Kenya, Turkey Rest of the World Education, Health, Infrastructure Active
SEAF Caribbean SME Growth Fund

The SEAF Caribbean SME Growth Fund is a generalist fund that invests growth capital in small and medium-sized enterprises throughout the English-speaking countries of the Caribbean Common Market (CARICOM).

Website:
https://www.seaf.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m Rest of the World Business and consumer services, Construction and real estate, Financial services, Food and agriculture, Infrastructure November 2022 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
CAMEX Restaurants Inc (CRI) Guyana Rest of the World Business and consumer services December 2022 Active
Caribbean Energy Finance Company Limited (CEFCL) Jamaica Rest of the World Financial services December 2022 Active
German Ship Repair Jamaica (GSRJ) Jamaica Rest of the World Construction and real estate February 2023 Active
Royal Treats Caribbean Rest of the World Food and agriculture November 2023 Active
Stages Group Inc. Trinidad and Tobago Rest of the World Construction and real estate December 2022 Active
Sunco Caribbean Caribbean, St Lucia Rest of the World Infrastructure September 2023 Active
Caribbean, Guyana, Jamaica, St Lucia, Trinidad and Tobago Rest of the World Construction and real estate, Financial services, Food and agriculture, Infrastructure Active
SGI Ethiopia Growth and Transformation Fund

The Schulze Global Ethiopia Growth and Transformation Fund I, (Ethiopia fund) was launched in 2012 to focus on small and medium-sized enterprises (SMEs) in Ethiopia. 

It is the first private equity SME fund focused on the country and is managed from Addis Ababa by an experienced team. The fund will explore various sectors including agri-processing, manufacturing, education and healthcare.

Website:
http://sgifrontier.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m East Africa Education, Food and agriculture, Health, Manufacturing January 2013 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Afri Flowers Holding B.V. (Afriflora)/Flamingo Horticulture Ltd (Flamingo) Ethiopia East Africa Food and agriculture August 2018 Active
Family Milk Ethiopia East Africa Food and agriculture January 2016 Active
Flipper Kindergarten Plc Ethiopia East Africa Education February 2013 Exited
Jalannera Coffee Export & Coffee Farm Plc Ethiopia East Africa Food and agriculture February 2013 Active
Kaliti Food Share Company Ethiopia East Africa Food and agriculture December 2013 Active
National Cement Share Company Ethiopia East Africa Manufacturing February 2013 Exited
Origin Water Ethiopia East Africa Food and agriculture May 2016 Active
SA-Med Plc Ethiopia East Africa Health June 2014 Active
Ethiopia East Africa Education, Food and agriculture, Health, Manufacturing Active
ShoreCap III

The ShoreCap III fund, which will be run from the firm’s offices in Abidjan, Johannesburg and Chicago, is targeting $150 million to expand access to financial services in sub-Saharan Africa.

Equator’s first two ShoreCap funds raised $108 million and invested in 25 financial institutions.

Website:
http://www.equatorcap.net/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $20m Africa Financial services December 2017 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Credit Bank Kenya East Africa Financial services December 2021 Active
I&M Bank Ltd. Kenya East Africa Financial services December 2022 Active
MFS Africa Limited South Africa Southern Africa Financial services December 2018 Active
Kenya, South Africa Africa Financial services Active
Solon Capital Holdings

Mano River Union focused fund

Website:
http://www.soloncapitalpartners.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $20m Africa Business and consumer services, Construction and real estate, Education, Financial services, Infrastructure, Technology and telecoms June 2017 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Adesha Limited Sierra Leone West Africa Financial services June 2018 Active
Rising International Education and Learning Limited Sierra Leone West Africa Education September 2017 Active
Solon Property Partners (Mauritius) Limited Sierra Leone West Africa Construction and real estate December 2017 Active
Solon TNS (Mauritius) Limited Sierra Leone West Africa Technology and telecoms September 2017 Active
Solon Transportation Company Limited Sierra Leone West Africa Infrastructure September 2017 Active
West Africa Blue Sierra Leone West Africa Business and consumer services September 2023 Active
Sierra Leone Africa Business and consumer services, Construction and real estate, Education, Financial services, Infrastructure, Technology and telecoms Active
South Asia Growth Fund III, L.P.

Managed by GEF Capital Partners, is a climate focused fund. GEF III will pursue climate opportunities across three investment theses: (1) Climate change adaptation; (2) Mitigation and (3) Circular Economy in India (90%) and Southeast Asia (10%).

Website:
https://gefcapital.com/capital-partners/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $25m Asia, South Asia Manufacturing August 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
South Asia Growth Fund III Holdings, L.P India South Asia Manufacturing June 2024 Active
India Asia, South Asia Manufacturing Active
Southeast Asia Clean Energy Fund II

Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital, invests in clean energy projects and businesses in Southeast Asia. The Fund has raised USD 127 million in first close, backed by DFIs, philanthropic and private investors

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $13.5m Rest of the World Business and consumer services, Infrastructure December 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Mober Technology Pte Inc Philippines Rest of the World Business and consumer services June 2024 Active
Nami Solar Energy Joint Stock Company Vietnam Rest of the World Infrastructure June 2024 Active
PT Investasi Hijau Selaras (Hijau) Indonesia Rest of the World Infrastructure June 2024 Active
Xurya Pte. Ltd Indonesia Rest of the World Infrastructure September 2024 Active
Indonesia, Philippines, Vietnam Rest of the World Business and consumer services, Infrastructure Active
SPE Capital Africa Industrialisation Fund

This fund focusses mainly on industrialisation in North Africa. The fund will target manufacturing and sectors with strong industrialisation links such as logistics and healthcare, and will predominantly invest in Tunisia, Morocco and Egypt.

Website:
https://www.spe-capital.com/our-funds

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $25m Africa Business and consumer services, Education, Financial services, Food and agriculture, Health, Infrastructure, Technology and telecoms February 2019 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Ademat Cote d'Ivoire West Africa Infrastructure Fossil Fuel April 2021 Active
Future Pharmaceuticals Industries Egypt North Africa Health July 2019 Active
GlobalCorp Financial Services S.A.E. (Project Goldman) Egypt North Africa Financial services April 2022 Active
H and S Morocco North Africa Business and consumer services September 2019 Active
Holged Group Morocco, Tunisia North Africa Education March 2022 Active
Holged Tunisie Tunisia North Africa Education July 2019 Active
Outsourcia Morocco North Africa Technology and telecoms September 2022 Active
Saham Pharma Morocco North Africa Health March 2020 Active
Societe Vital SA Tunisia North Africa Food and agriculture December 2022 Active
Cote d'Ivoire, Egypt, Morocco, Tunisia Africa Business and consumer services, Education, Financial services, Food and agriculture, Health, Infrastructure, Technology and telecoms Active
Stellaris Venture Partners II

Stellaris Advisors LLP is venture capital firm that invests in early stage Indian technology companies that can help solve large problems for consumers and SMEs in India. This is their second fund.

Website:
https://www.stellarisvp.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m South Asia Business and consumer services, Construction and real estate, Financial services, Health, Manufacturing, Technology and telecoms September 2021 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Arthvit 1809 Tech Private Limited (Rupicard) India South Asia Manufacturing December 2022 Active
Beep Innovations Private Limited India South Asia Technology and telecoms September 2021 Active
Blubble Private Limited (Turno) India South Asia Technology and telecoms February 2022 Active
CARPL.AI India South Asia Health November 2023 Active
Circuit House Technologies India South Asia Manufacturing June 2024 Active
Cirkla India India South Asia Technology and telecoms August 2023 Active
Generative AI Innovations India South Asia Technology and telecoms April 2022 Active
Gokiwi India South Asia Financial services December 2022 Active
Locofast Online Services Private Limited (Locofast) India South Asia Technology and telecoms September 2021 Active
Market Pulse Technologies India South Asia Financial services October 2023 Active
NeoBrix Saas Solutions Private Limited India South Asia Manufacturing August 2022 Active
New Leaf Retail Technologies Private Limited (Nestasia) India South Asia Technology and telecoms December 2021 Active
Porch Technologies Ltd (Truva) India South Asia Construction and real estate September 2024 Active
RevenueHero, Inc. India South Asia Technology and telecoms July 2022 Active
Rigi India South Asia Technology and telecoms August 2021 Active
Sea Turtle Pvt Ltd (Zouk) India South Asia Business and consumer services July 2021 Active
Shortloop Technologies Private Ltd. India South Asia Technology and telecoms July 2023 Active
Slashbit Inc (Factors.AI) India South Asia Technology and telecoms May 2022 Active
Sunrise Investments India South Asia Technology and telecoms August 2021 Active
Vonken Brandtech, Inc. (91Sqft) India South Asia Technology and telecoms September 2022 Active
Wunderbaked Tech – Hypto India South Asia Technology and telecoms June 2021 Exited
India South Asia Business and consumer services, Construction and real estate, Financial services, Health, Technology and telecoms Active
Stellaris Venture Partners India I

Stellaris Venture Partners India I is a venture capital fund. It invests in early-stage companies solving India-specific problems at scale through
disruptive business models – thereby increasing market access for SMEs and/or offering affordable services to consumers.

Website:
https://www.stellarisvp.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m South Asia Business and consumer services, Education, Financial services, Health, Manufacturing, Technology and telecoms October 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
930 Technologies Pvt Ltd (Noticeboard) India South Asia Technology and telecoms June 2017 Exited
Allround Development Ptd Ltd India South Asia Technology and telecoms December 2020 Exited
Bizcon Fintech Labs Private Limited (Credflow) India South Asia Financial services April 2021 Active
Bluebear Technology Private Limited India South Asia Technology and telecoms April 2019 Active
Buyerassist Io Inc India South Asia Technology and telecoms March 2021 Active
Founder Network Investments India South Asia Technology and telecoms December 2020 Active
Glance InMobi Pte. Ltd. India South Asia Technology and telecoms March 2023 Active
GTM Buddy India, South Asia Asia, South Asia Technology and telecoms March 2021 Active
Honasa Consumers (Mama Earth) India South Asia Manufacturing August 2018 Active
Incasable Technologies Private Limited (Swiflearn)) India South Asia Education December 2019 Exited
Lithius Energy Private Limited India South Asia Business and consumer services September 2019 Exited
Loadshare Networks India South Asia Technology and telecoms March 2018 Active
Novocura Tech Health Services Pvt Ltd (mFine) India South Asia Technology and telecoms August 2017 Exited
O(1) India Pvt Ltd (Shop 101) India South Asia Technology and telecoms June 2018 Exited
Plus Health Tech Ventures Limited (Ayu) India South Asia Health December 2019 Active
Priharitam Technologies Pvt Ltd (Manch) India South Asia Technology and telecoms October 2018 Exited
Quicko Technosoft Labs Pvt Ltd (Whatfix) India South Asia Technology and telecoms March 2017 Active
Signzy Technologies Private Limited India South Asia Financial services November 2018 Active
Slintel Inc India South Asia Business and consumer services November 2019 Active
Techwider Technologies Pvt Ltd (Wydr) India South Asia Technology and telecoms February 2017 Exited
Vogo Automotives India South Asia Business and consumer services July 2018 Active
India South Asia Business and consumer services, Education, Financial services, Health, Manufacturing, Technology and telecoms Active
Summit Private Equity Fund

Summit will direct investments to small and medium-sized enterprises (SMEs) in rural and peri-urban areas across South Africa, focusing on the education, healthcare, and financial services sectors. The inaugural fund aims to improve accessibility, affordability and inclusion at company and end-customer levels, for previously disadvantaged groups and hard-to-reach communities.

Website:
https://summitafrica.com/summit-funds/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15.43m Southern Africa Education, Financial services, Health, Technology and telecoms July 2021 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Apex Surgi-Centre Proprietary Limited South Africa Southern Africa Health November 2021 Active
Crestcare Ltd South Africa Southern Africa Health September 2019 Active
Custom Capital Finance (“CCF”) South Africa Southern Africa Financial services November 2022 Active
Efficient Group (Pty) Ltd South Africa Southern Africa Financial services December 2020 Active
Life Path Health Group South Africa Southern Africa Health July 2024 Active
Lifecheq Pty. Ltd South Africa Southern Africa Financial services July 2024 Active
LRMG Pvt. Ltd South Africa Southern Africa Technology and telecoms July 2024 Active
Nelspruit Surgiclinic South Africa Southern Africa Health June 2023 Active
NewBridge Group Proprietary Limited South Africa Southern Africa Education April 2022 Active
Zoutspanberg Hospital South Africa Southern Africa Health May 2020 Active
South Africa Southern Africa Education, Financial services, Health, Technology and telecoms Active
SUSI Asia Energy Transition Fund

The Fund targets investments across
the energy transition sectors, including
renewable energy, energy efficiency, and
energy storage, and focuses on emerging
economies in Southeast Asia, including
Indonesia, Vietnam and Philippines.

Website:
https://www.susi-partners.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Rest of the World Infrastructure September 2024 Active
Investment 02 $15m Rest of the World Infrastructure March 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Alba Renewables Philippines Pvt. Ltd Philippines Rest of the World Infrastructure June 2024 Active
Asia Clean Capital Vietnam Vietnam Rest of the World Infrastructure Renewable June 2023 Active
BayWa r.e Vietnam Rest of the World Infrastructure Renewable October 2023 Active
Canopy Power Singapore Rest of the World Infrastructure June 2023 Exited
Entoria Energy Platform Singapore Rest of the World Infrastructure Renewable June 2023 Active
Invest Energy Platform Malaysia Rest of the World Infrastructure Renewable June 2023 Active
Northern BioGas Ltd Thailand Rest of the World Infrastructure October 2023 Exited
Pacific Impact Development Philippines Rest of the World Infrastructure Renewable July 2023 Active
Malaysia, Philippines, Singapore, Thailand, Vietnam Rest of the World Infrastructure Active
Synergy Private Equity Fund

The Synergy Private Equity Fund (SPEF), a $103.5 million fund, is the first fund to be raised by the Lagos and Accra-based team. 

The fund looks to make investments in small to medium sized companies in sectors such as manufacturing, agro-processing, FMCG, non-bank financial services, healthcare, ICT and energy services. Individual investment sizes are likely to range between $5 million to $15 million.

Website:
http://www.synergycapitalmanagers.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m Africa Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Technology and telecoms September 2014 Active
Investment 02 $5m Africa Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Technology and telecoms April 2015 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Africa Terminaling Company Ltd Nigeria West Africa Infrastructure Fossil Fuel February 2016 Exited
Cloud Exchange West Africa Limited West Africa Africa Technology and telecoms April 2017 Exited
Curist Pharma Ghana West Africa Health November 2015 Exited
Netplus Strategy and Sales Limited (“NetPlus”) Nigeria West Africa Technology and telecoms February 2015 Exited
Northstar Financial Services Ltd Nigeria West Africa Financial services December 2016 Exited
People Productivity Solutions Nigeria West Africa Technology and telecoms November 2016 Exited
Riggs Ventures (West Africa) Ltd Nigeria West Africa Manufacturing June 2015 Exited
Suburban Fiber Company Ltd (“FiberCo”) Nigeria West Africa Technology and telecoms March 2016 Exited
Vester Oil Mills Limited Ghana West Africa Food and agriculture September 2016 Exited
Viathan Engineering Limited Nigeria West Africa Infrastructure Fossil Fuel August 2015 Exited
Ghana, Nigeria, West Africa Africa Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Technology and telecoms Active
Synergy Private Equity Fund II

Anglophone West Africa SME Fund

Website:
http://www.synergycapitalmanagers.com/

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $25m Africa Business and consumer services, Manufacturing July 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
Bell Oil and Gas Nigeria West Africa Business and consumer services Fossil Fuel May 2019 Active
First Aluminium Nigeria Nigeria West Africa Manufacturing February 2019 Active
Quest Oil and Engineering Services / Ascon Oil Nigeria West Africa Business and consumer services Fossil Fuel June 2019 Active
Nigeria Africa Business and consumer services, Manufacturing Active
Takura II

The Takura II fund focuses on scalable businesses in the agro-processing, FMCG, retail, healthcare, pharmaceuticals, real estate and business services sectors.

Website:
www.takuracapital.com

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $7.5m Africa Business and consumer services, Construction and real estate, Education, Financial services, Food and agriculture, Health, Technology and telecoms November 2016 Active
Investment 02 $15m Africa Business and consumer services, Construction and real estate, Education, Financial services, Food and agriculture, Health, Technology and telecoms September 2013 Active

Investments made by this fund into companies:

Investment name Country Region Sector Energy Type Start date Status
African Century Real Estate Mozambique East Africa Construction and real estate November 2015 Active
Agricom Zimbabwe Southern Africa Food and agriculture March 2014 Exited
Cailogistics Zimbabwe Southern Africa Business and consumer services August 2016 Active
Cailomarketing Services Zimbabwe Southern Africa Business and consumer services August 2016 Active
Cairns Holdings Zimbabwe Southern Africa Food and agriculture September 2015 Active
Capital Factor Zimbabwe Southern Africa Financial services September 2017 Active
Introwise Zimbabwe Southern Africa Business and consumer services August 2014 Active
Lobels Holdings (Pvt) Ltd (including Plaza) Zimbabwe Southern Africa Food and agriculture March 2015 Active
Medical Investments Limited Zimbabwe Southern Africa Health September 2014 Exited
Montana Meats (Pvt) Ltd Zimbabwe Southern Africa Food and agriculture March 2014 Active
NH 263 Zimbabwe Southern Africa Technology and telecoms July 2017 Exited
Oak Ed (PVT) Ltd and Vantage Properties (PVT) Ltd Zimbabwe Southern Africa Education November 2017 Active
Plaza Bread (Pvt) Ltd Zimbabwe Southern Africa Business and consumer services November 2017 Exited
Sinopse Holdings Limited (Food Lover’s Market) Mozambique East Africa Business and consumer services July 2014 Exited
Talwant Trading (Pvt) Ltd Zimbabwe Southern Africa Business and consumer services February 2015 Exited
Mozambique, Zimbabwe Africa Business and consumer services, Construction and real estate, Education, Financial services, Food and agriculture, Health, Technology and telecoms Active
  • Active
  • Exited

Download data (1889 rows)

Investment name Fund Country Region Sector Energy type Start date Status
ArtistFirst Technologies Inc. Pravega Ventures Fund II India South Asia Business and consumer services December 2022 Active
Arvind Ltd Plenty Private Equity Fund I (Multiples II) India South Asia Manufacturing December 2016 Exited
Arya Collateral Warehousing Private Limited Omnivore Partners India Fund 2 India South Asia Business and consumer services March 2020 Active
Arzeda Corp. Circulate Capital Ocean Fund I-B USA Rest of the World Health July 2021 Active
ASA (Kenya) Limited COVID-19 Emerging and Frontier Market MSME Support Fund Kenya East Africa Financial services December 2021 Active
ASA Microfinance (Tanzania) Ltd COVID-19 Emerging and Frontier Market MSME Support Fund Tanzania East Africa Financial services March 2021 Active
Ascend Telecom Infrastructure Pvt Ltd India Infrastructure Fund II (Singapore) PTE. LTD. India South Asia Technology and telecoms March 2017 Active
Ashwah Holdings Limited Capital Alliance Private Equity IV (CAPE IV) Nigeria West Africa Business and consumer services June 2018 Active
Asia Clean Capital Vietnam SUSI Asia Energy Transition Fund Vietnam Rest of the World Infrastructure Renewable June 2023 Active
ASK Gras Savoye Amethis Fund II S.C.A SICAR Morocco North Africa Financial services June 2023 Active
ASRH Kenya DIB SDG Outcomes Fund Kenya East Africa Health September 2023 Active
Asset 10 Software Private Limited Blume Ventures India Fund IV India South Asia Technology and telecoms June 2022 Active
ATEC Australia-Int. Pty Ltd COVID-19 Energy Access Relief Fund Cambodia Southeast Asia Infrastructure April 2022 Active
Atomicwork Inc. Blume Ventures India Fund IV USA Rest of the World Technology and telecoms April 2023 Active
AuroGreen Health Pvt Ltd 3one4 Capital - Fund III India South Asia Health September 2022 Active
AuthBridge Research Services Private Limited Fibonacci India Fund Co Limited (Phi Capital) India South Asia Construction and real estate December 2021 Active
Auto Springs Mauritius Ltd Ascent Rift Valley Fund I Kenya East Africa Manufacturing March 2018 Active
Autochek Norrsken22 Fund (D) AB Africa Africa Technology and telecoms December 2022 Active
Automotive Supplies SCB Funded Risk Participation - Sierra Leone Sierra Leone West Africa Business and consumer services January 2018 Exited
AutoXpress International Limited A4C S Feeder LP Kenya East Africa Business and consumer services January 2014 Exited

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