Investors in Ghana

Orios Group Ghana is a venture capital firm specializing in startups. The firm seeks to invest in healthcare, information technology, agriculture, Utilities, and education services. The firm typically invest in African companies. Orios Group Ghana is based in Accra, Ghana.

The Abraaj Group is a private equity, venture capital, and real estate investment firm specializing in early venture, seed, growth capital, emerging growth, mid venture, late venture, expansion capital, industry consolidation, mezzanine, subdebt, PIPES, buyouts, bridge, recapitalization, infrastructure, and buy and build in mature companies. It seeks to invest in small and medium sized enterprises in emerging markets. The firm typically invests in oil, gas and consumable fuels, metals and mining, agricultural machinery and equipment, agricultural services, auto parts and equipment, leisure facilities, pharmaceuticals, services outsourcing, water utilities, real estate, health care and clean energy, manufacturing, food products, FMCG, construction, healthcare services, industrials, telecommunications, resource and infrastructure services, education, information technologies, aviation, materials and logistics, agribusiness, energy, and food industries. It focuses on consumer goods and services, within which it also focuses on fast moving consumer goods manufacturing, retail, and food & beverage. Within financial services it also focuses on banking, non-bank financial institutions (such as mortgage or consumer finance specialists), insurance companies (life, general and reinsurance), and payments and fintech businesses. Within healthcare it focuses on hospitals & clinics and other type of service providers in the healthcare domain. Within education, it focuses on private K-12 schools and traditional graduate and post-graduate, campus-based universities. We are also investing in clean energy power generation, i.e., renewable power generation assets. We will also selectively invest in base-load gas-fired power generation assets and select midstream and downstream energy infrastructure assets including transmission and distribution assets that complete the value chain. It invests in companies based in Far East, the Middle East including Saudi Arabia, North Africa, Kenya, Ghana, Nigeria, and South Asia with a focus on Egypt, Lebanon, Jordan, Algeria, Pakistan, Turkey, the Palestinian territories and the six Gulf Arab nations that make up the Gulf Cooperation Council. The firm also seeks to invest globally with a focus on Sub Saharan Africa including Ivory Coast region; Latin America including Argentina, Brazil; Central Asia; and Southeast Asia including India and the Philippines. The firm seeks to make equity investments between $0.5 million and $100 million; typically investing $10 million to $100 million in private equity investments as well as in real estate. It prefers to invest between $100 million and $300 million in its portfolio companies. It prefers to invest in companies with revenue between $6 million to $35 million. The firm acquires controlling or significant interest and seeks board representation in its portfolio companies. It typically exits its investments within a period of three years to five years through structured exits to strategic and trade buyers or onto public markets in the region. The firm seeks majority and minority positions in public enterprises ranging between 10% and 49%. The Abraaj Group was founded in 2002 and is headquartered in Dubai, United Arab Emirates with additional offices across Asia, Africa, and Europe.

Friale is an early-stage generalist fund with a focus on AI and Healthcare, operating out of San Francisco and Nashville.

Established in 2008 as the non-profit arm of Meltwater, MEST is an Africa-wide technology entrepreneur training program, internal seed fund, and hub that provides training, investment, and mentorship to tech entrepreneurs.

Beta.Ventures is a venture capital firm specializing in Pre-Seed, Series A, startups and early-stage investments. It seeks to invest in digital technology with focus on finance, pure tech, logistics, education, agriculture, web3, climate/clean energy and healthcare; scaling tech and tech-enabled companies. The firm typically invests in Africa with a primary focused on Nigeria, Kenya, Egypt, Ghana and South Africa and often globally. The firm typically invests between invest $0.1 million to $0.5 million. Beta.Ventures is based in Lagos, Nigeria with an additional office in Manhattan, New York.

Asime Ventures is a venture capital firm specializing in angel, pre-seed and seed investments. The firm prefers to invest in East and West Africa, notably Ghana, Kenya, Côte d'Ivoire, Madagascar, Togo, Nigeria, Egypt and South Africa. It typically invests between $0.05 million and $0.1 million. Asime Ventures was founded in 2020 and is based in Accra, Ghana with additional offices at Nairobi, Kenya and Luxembourg, Luxembourg.

Chanzo Capital is a growth capital firm investing both capital and mentoring in high-tech startups and scaleups in Kenya, Ivory Coast, Nigeria, Ghana and South Africa (KINGS) – these countries make up the "KINGS" of Africa's digital economy.

Abler Nordic AS is a private equity and venture capital firm specializing in direct, and fund of funds investments in emerging, early stage, mature, and startup companies. The firm also prefers to invest in Debt, Sub-Debt and Equity instruments of microfinance institutions. It prefers to invest in young & emerging MFIs that have a clearly stated social mission and that have reached financial sustainability or have good prospects for attaining financial sustainability within the next few years. The firm also invests in other institutions providing financial inclusion to the poor in developing countries. It may in special cases invest in MIVs that focus on such institutions. The firm typically invests in companies based in Latin America, Sub-Saharan Africa with focus on Angola, Cameroon, Ethiopia, Ghana, Kenya and Ivory Coast, Malawi, Mozambique, Rwanda, Zimbabwe, Madagaskar, Zambia, Mali, Nigeria, Senegal, Tanzania, Uganda, Asia focusing on South and Southeast Asia, Nepal, Sri Lanka, Cambodia, Myanmar, Philippines, Indonesia, India, and Pakistan. It may also consider investments outside of these focus countries. The firm prefers to invest between $1 million and $8 million in companies with minimum total assets of $1 million. It prefers to take both minority positions in its investments and be an active investor. For equity investments, it prefers to take a stake of 10-30% in its portfolio companies. The firm seeks to take up governance positions in the board of the MFI or committees under the board. Abler Nordic AS was established in October 2008 and is based in Oslo, Norway with additional offices in Copenhagen, Denmark; Nairobi, Kenya, Tangerang, Indonesia & Bengaluru, India.

AgDevCo Limited, a not-for-profit distribution agricultural development company, identifies, develops, and arranges financing for sustainable agricultural and agri-processing business opportunities in Africa. The company focuses on the production and processing of food crops for delivery to national and regional markets. It also funds the development of agriculture-supporting infrastructure, such as irrigation, feeder roads, and bulk storage. The company owns investments in various early-stage agriculture businesses, including seed production, mangoes, bananas, honey, and livestock. The firm typically invests $1 million to $3 million in early-stage companies and long-term flexible capital of $3 million to $15 million. AgDevCo Limited was founded in 2009 and is based in London, United Kingdom with additional offices in Accra, Ghana; Nairobi, Kenya; London, United Kingdom; Cape Town, South Africa and Lusaka, Zambia.

Innohub Limited is an accelerator specializing in incubation, pre-seed, early stage, and startup investments. It seeks to invest in Sub-Saharan Africa with a focus on Ghana. The firm considers investments of $0.01 million in its portfolio companies in exchange for a 15% equity stake. It runs a six-month accelerator program. Innohub Limited is based in Accra, Ghana.

Jacana Partners is a pan-African private equity company that invests in entrepreneurs, builds successful small-to-medium sized enterprises (SMEs) and delivers sustainable financial and social returns. We do this because we are passionate about entrepreneurs as the key drivers of job creation and long-term economic development in Africa.

Wangara Capital Partners is an impact investment firm currently launching a climate-focused fund in Ghana. This is an evergreen fund with a target fund size of USD10 million and a minimum fund size of USD 4 million.The fund will invest between USD50,000 to USD500,000 in equity and quasi-equity in SGBs in the missing middle that are engaged in renewable energy, energy efficiency, waste management, water management, climate smart agriculture or generally climate friendly businesses. Wangara also supports the growth and sustainability of these SGBs by making available pre-investment and post-investment Technical Assistance Grants to assist their scale and overall ESG impact.

Alitheia Capital is a Private equity and venture capital firm specializing in providing early-stage, growth capital/working capital, and mezzanine capital in the Fintech sector. It seeks to invest in seed, start-up, Series B, Growth capital, early venture, emerging, and middle market transforming microfinance institutions. The firm invests in Clean Energy, Healthcare, Technology, Waste Management & Recycling, Logistics & Mobility, Consumer Goods & Services, Agribusiness, Manufacturing, and Fintech. The firm takes a sector-agnostic approach. It prefers to invest in businesses that enable the provision of financial services and insurance, affordable and clean cooking fuel and cook stoves to low-income households in order to alleviate the use of traditional fuels associated with indoor air pollutions, and deforestation; and the construction of affordable school infrastructure with pre-fabricated panels produced using only locally available materials. The firm invests in Lagos, Nigeria, and Ghana, and collaborates with partners across Southern and Eastern Africa. It seeks to invest one-third of its capital in Ghana. The firm is between $1 million and $8 million. It seeks to hold on to its investments for five to seven years. Alitheia Capital was founded in 2007 and is based in Lagos, Nigeria.

Blue Rinc Capital is a Venture capital firm specializing in growth investments in early stage businesses. It prefers to invest in technology-enabled businesses. It prefers to invest in companies based in frontier markets with a preference for Nigeria, Kenya and Ghana. Blue Rinc Capital is based in the United States.

Serengeti Capital is a venture capital and private equity firm specializing in investing in early stage, seed and growth capital, and industry consolidations. The firm seeks to invest in Africa. It invests in companies with revenues between $5 million and $300 million. The firm may invest in family owned businesses and alongside strategic buyers. It seeks to exit its investments in a period of three to five years. Serengeti Capital was founded in 2007 and is based in Accra, Ghana with an additional office in London, The United Kingdom.

Atlantica Ventures is a venture capital firm specializing in investments in growth capital, early stage, startups and seed to Series B rounds. The firm prefers to invest in tech and tech-enabled businesses, fintech, logistics, agri-tech, enterprise SaaS, applications of A.I., digital security, IoT, telecom and B2B marketplaces. The firm focuses on Nigeria, Kenya, South Africa, Ghana, Ivory Coast and Tanzania. Atlantica Ventures was founded in 2019 and is based in Kenya.., digital security, IoT, telecom and B2B marketplaces. The firm focuses on Nigeria, Kenya, South Africa, Ghana, Ivory Coast and Tanzania. Atlantica Ventures was founded in 2019 and is based in Kenya..

Brightmore Capital is a private equity and venture capital firm specializing in early stages, growth capital, turn around, buyouts, restructuring, leverage buyouts and management buyouts. The firm considers investments in small and medium enterprises, agriculture and food processing, construction and real estate, health and medicine, technology, consumer and B2B services. The firm typically invest in francophone West African countries with focus in Cote d’Ivoire, Senegal, Guinea, Burkina Faso, Mali, Burkina Faso, Niger, Benin, Togo, Cameroon, cape verde, chad, gambia, Ghana, Mauritania, and sierra leone. The firm considers investments between $0.05 million to $3.26 million as per target investments. The firm prefers to exit its investments through IPO within four to six years. Brightmore Capital is based in Dakar, Senegal with an additional office in Abidjan, Ivory Coast.

Ingressive Capital is a venture capital that invest funds into a small, early-stage or emerging startups that is deemed to have high growth potential or which have demonstrated high growth in terms of annual revenue. We invest in this firm in exchange for equity or ownership stake in the firm. Ingressive Capital invest in the most promising startups in sub-Saharan Africa particularly in four market i.e Nigeria, Ghana, Kenya and South Africa.

Impact Fund Denmark is a private equity and venture capital firm specializing in financing in the form of equity, mezzanine, loans, debt and guarantees. It makes socially conscious investments. It makes directly & indirectly investments. Under directly investing, it invests in early stage & growth capital investments. Under indirectly investments, it invests in venture capital funds. It specializes in establishing new companies, setting up joint ventures between Danish companies and local business partners and in acquiring existing companies. It provides financing to private-sector projects in the developing countries. The firm can only invest in countries whose 2008 GNI capita income is below $0.03 million with an exemption granted to South Africa, Botswana, and Namibia. Also, the host countries of investments must be on the OECD’s DAC list of development aid recipients. It invests where private sector financing is unavailable or insufficient. It invests in sustainable growth and high-impact solutions in developing markets/countries. It does not invest in Forced labor or child labor, Ozone depleting substances, PCB's (Polychlorinated Biphenyls) and other specific, hazardous pharmaceuticals, pesticides/herbicides or chemicals, wildlife or products regulated under the Convention on International Trade in Endangered Species or Wild Fauna and Flora (CITES), Unsustainable fishing methods, Cross-border trade in waste and waste products, unless compliant with the Basel Convention and the underlying regulations, Destruction of High Conservation Value areas, Radioactive materials and unbounded asbestos fibres, Pornography and/or prostitution, Racist and/or anti-democratic media, Alcoholic Beverages (except beer and wine), Tobacco, Weapons and munitions, Gambling, casinos and equivalent enterprises, Standalone fossil fuelled power plants, Drilling, exploration, extraction, refining and sale of crude oil, natural gas and thermal coal, Storage, supporting infrastructure (pipelines etc.), transportation and logistics, and services primarily related to fossil fuels, Any business using captive coal for power and/or heat generation, Electricity generation from peat and activities leading to deforestation, Investments and/or other projects that aim to produce or make use of agricultural or forestry products, Biomaterials and biofuel production, Export-oriented agribusiness mod, Meat and dairy industries. It prefers investing in commercial services and supplies, biofuels, electric power by solar and wind energy and irrigation systems sector. The firm seeks to invest in climate and Agribusiness. It focuses its investments in Green energy & infrastructure with focus on Clean, affordable renewable energy, Waste recycling and management, Energy efficiency, Water access and management; Financial Services with focus on Microfinance, MSME financing, Development banks and Insurance; Sustainable food systems with focus on Climate farming, Storage and distribution, Processing, Forest and land; Healthcare with focus on Hospitals and clinics, Pharmacy chains, Diagnostic services, Pharmaceuticals & medical equipment. The firm prefers to invest in companies based in Africa focusing on North Africa, Sub-Saharan Africa, South America, Central America, Middle East and Algeria, Angola, Benin, Botswana, Jordan, Denmark, Senegal, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo (Brazzaville), Democratic Republic of Congo, Côte d'Ivoire, Djibouti, Egypt, Arab Rep., Eritrea, Ethiopia, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, São Tomé and Principe, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe; Asia focusing on Afghanistan, Bangladesh, Bhutan, Cambodia, China, Fiji, India, Indonesia, Iran, Iraq, Brazil, Malaysia, Turkey, Mexico, Kiribati, Laos, South Korea, North Korea, Kyrgyzstan, Maldives, Federal States of Micronesia, Mongolia, Myanmar, Nepal, Marshall Islands, Pakistan, Papua New Guinea, Philippines, Western Samoa, Solomon Islands, Sri Lanka, Syria, Tajikistan, Thailand, East Timor, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Vietnam, West Bank and Gaza, Yemen; Europe focusing on Albania, Russia, Armenia, Azerbaijan, Caucasus, Belarus, Balkans, Bosnia & Herzegovina, Bulgaria, Croatia, Montenegro, Romania, Slovenia, Georgia, Kosovo, Macedonia, Moldova, Serbia, Ukraine; and Latin America with a focus on Belize, Bolivia, Colombia, Cuba, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras Nicaragua, Paraguay, Peru, Saint Lucia, Saint Vincent and The Grenadines, Suriname, Ecuador, and Jamaica and North Asia, United States of America, Latin America and parts of Europe. It seeks to invest between from DKK15 million ($2.32 million) and DKK500 million ($77.52 million). The firm can invest up to DKK350 million ($51.34 million) per company. The firm seeks to co-invest with Danish businesses in projects based in developing countries. It prefers to take minority stake between 10% to 30% and up to 49 per cent in small projects. It prefers to take a board membership. The firm prefers to exit its investments within five to seven years when the loan has been repaid or the shares have been sold. The firm also offers special assistance to small and medium-sized enterprises which employs less than 300 employees, with an annual revenue of up to DKK 300 million ($53.16 million) and has a positive result in two out of three latest financial years. It also provides advisory services to business investments in developing countries. The firm makes two thirds of its investments in partnership and can also provide additional financing. Impact Fund Denmark was founded in 1967 and is based in Copenhagen, Denmark with additional offices across Asia, Europe, South America, and Africa.

AHL Venture Partners is a venture capital and venture debt firms specializing in mezzanine, bridge, seed/startup, series-A and series-B investments. The firm seeks to invest in growth capital. The firm prefers to invest in energy access, financial inclusion, sustainable food, agriculture, and human capital development and climate action sectors. The firm seeks to invest in Africa including Kenya, Ethiopia, Uganda, Tanzania and Zambia. The firm seeks to provide debt facilities between $1 million and $5 million. The firm prefer to take minority stake in companies. AHL Venture Partners was founded in 2007 and is based in Nairobi, Kenya with an additional office in Vancouver, Canada; Lusaka, Zambia and Accra, Ghana.

Goodwell is an impact investment and advisory firm focused on financial inclusion and sustainable development. Goodwell invests early stage equity in Africa and India and offers advisory services worldwide. Goodwell Investments: Goodwell provides risk capital and hands-on support to fast growing businesses in emerging markets, currently mainly in financial services (microfinance) and increasingly in other impact sectors that combine impact with commercial returns. We have invested in 20 fast growing financial services companies in India and Africa, ranging from classical microfinance to mobile payments and affordable housing finance. Our portfolio companies have reached over 12 million households with more than USD 1.7 billion in loans and other financial services. We have around Euro 95 mln in committed capital. We are reporting healthy social and financial returns. Goodwell has recently launched uMunthu, a new EUR 100m fund for Sub Sahara Africa, that will invest in financial inclusion, agribusiness and other inclusive growth sectors with a heavy focus on the digital economy. Our firm and our local teams have become established names in the impact investment sector. We are hands-on equity investors working in partnership with local teams in India (Aavishkaar), Nigeria (Alitheia) and Ghana (JCS) and our own team in South Africa. Goodwell Advisory Services: On the advisory side, Goodwell Advisory Services provides advise focussing on strategic, deal structuring, portfolio allocation and impact evaluation support to impact investment initiatives and impact investors. Our investors and clients include social investors, governments, foundations, family offices, development finance institutions, funds-of-funds and pension funds.

Optimizer Foundation is a venture capital firm specializing in Pre-seed, seed and early-stage. It makes socially conscious investments and focuses on Series A and Series B investments. The firm invests in companies where the final product is aimed at end-users. It primarily focuses on the following sectors: Education, Health, Information Technology, Youth Employment, Climate Change. It typically to invest in companies based in Kenya, Rwanda, Uganda, South Africa, Nigeria and Ghana. It seeks to invest between $0.05 million and $0.15 million in equity and debt. It prefers to invest through its balance sheet investments. Optimizer Foundation was founded in April 2017 and is based in Stockholm, Sweden with additional offices in Nairobi, Kenya and London, United Kingdom.

Acuity Venture Partners Limited is a venture capital firm specializing in pre-seed, seed, series A, series B, start-ups, early-stage investment. The firm prefers to invest in Technology, Soft/Digital Infrastructure, Financial Inclusion, Trade Enabling, fintech, AI, logistics, and healthcare. The firm do not invest in capital intensive ventures and/or “brick and mortar” businesses. The firm will not invest in companies involved in gambling, alcohol distribution, or other excluded industries that we believe have an adverse social or environmental impact. The firm focus to invest in West African and Pan-African based companies. The firm prefers to invest $0.24 million to $4.5 million per transaction. Acuity Venture Partners Limited was founded in 2019 and is headquartered in Lagos, Nigeria with additional office in Accra, Ghana.

Alta Semper Capital LLP is a private equity firm specializing in direct and fund-of-fund investments. In direct investments, the firm specializes in later-stage, mature, turnaround, emerging growth, growth capital, and buyout capital investments across selected growth markets. Within fund of fund investments, the firm specializes in private equity and venture capital funds. The firm invests in specific industries such as pharmaceuticals, medical equipment, cosmeceuticals, and healthcare services. The firm invests in East Africa: Kenya, Tanzania, Uganda, Ethiopia, Mozambique, North Africa; Egypt, Francophone Africa: Morocco, Tunisia, Senegal, Ivory Coast, Anglophone West Africa; Nigeria, Ghana. It makes investments between $20 million and $50 million. The firm prefers to have a majority stake in portfolio companies. The firm makes balance sheet investments. Alta Semper Capital LLP was founded in 2015 and is based in London, United Kingdom, with an additional office in Cairo, Egypt.

Golden Palm Investments Corporation (“GPIC”) is an investment holding and advisory company focused on high growth and impact industry sectors. With a portfolio of companies across diverse sectors including healthcare, real estate, financial services, agribusiness and technology, GPIC is positioned to benefit from, and contribute to, the continent’s sustained economic growth. Our team is committing its resources, and leveraging its expertise, to build world class businesses that will have a positive and long-term impact on the African continent.