African Development Bank
Investment Thesis
African Development Bank: A Catalyst for African Innovation Providing crucial financial support through grants and debt financing, the African Development Bank has played a transformative role in the continent's technology ecosystem. Their portfolio boasts success stories like Farmerline, Kouncel, and SA Taxi, showcasing their commitment to fostering African innovation.
Portfolio Preview
A sample from 14 verified portfolio companies.
BURN
BURN is a Kenyan clean energy startup working to create the world’s most efficient biomass, liquid fuel, and electric cookstoves.
Keep IT Cool
Keep IT Cool is a social enterprise that leverages technology as an enabler to empower African communities.
iSchool
iSchool is an Egyptian EdTech that offers STEAM-based learning experiences for children aged between six and 18.
Kouncel
Revolutionizing legal education for MENA region
Pine Kazi
Pine Kazi is a Kenyan startup which converts pineapple leaf and recycled rubber into fashionable footwear
M-KOPA
M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.
