The Paradigm Project L3C

Kenya Manufacturing

The Paradigm Project manufactures and sells clean, fuel-efficient cooking stoves and a range of other products to consumers with a primary focus on Kenya and, more recently, Ethiopia.

We are invested in The Paradigm Project L3C through Novastar Ventures East Africa Fund I LP, which is managed by Novastar Ventures limited. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, East Africa

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Novastar Ventures East Africa Fund I LP
Fund Manager:
Novastar Ventures limited
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

June 2014

This is the investee company’s place of incorporation; or a fund’s jurisdiction.