Grofin East Africa Fund, LLC

East Africa,Africa Communications and IT Services, Financial services, Manufacturing, Other consumer services

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

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

:
Africa, East Africa
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Kenya, Rwanda, Tanzania, Uganda
Sector

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. For funds, the sectors listed here are those the fund has invested in so far.

:
Communications and IT Services, Financial services, Manufacturing, Other consumer services
Investment type

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

:
Intermediated investment
Fund manager:
Grofin
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

:
December 2005
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$3m
Domicile

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

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Muhangi Enterprises Uganda Africa, East Africa Other consumer services March 2006 Active
Nana Hostel Uganda Africa, East Africa Other consumer services March 2006 Active
Oakland Media Services Ltd Kenya Africa, East Africa Other consumer services March 2006 Active
Wargen Services Ltd Kenya Africa, East Africa Manufacturing March 2006 Active
Zara Furniture Tanzania Africa, East Africa Manufacturing March 2006 Active
EM Communications Kenya Africa, East Africa Communications and IT Services June 2006 Active
JK Investec Uganda Africa, East Africa Manufacturing June 2006 Active
Joan Traders Ltd Uganda Africa, East Africa Other consumer services June 2006 Active
MRS Rhino Investment Uganda Africa, East Africa Other consumer services June 2006 Active
Revolution Stores Co. Ltd Kenya Africa, East Africa Manufacturing September 2006 Active
Linya Distributors Uganda Africa, East Africa Other consumer services December 2006 Active
Norman Batuma Mutekanga Uganda Africa, East Africa Manufacturing December 2006 Active
GAF Kenya Portfolio

GroFin is an SME development financier assisting entrepreneurs and business owners. This entry represents 17 investments made to small businesses in Kenya through the GroFin East Africa fund. For more information see www.grofin.com

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Kenya Africa, East Africa Financial services June 2008 Active
GAF Rwanda Portfolio

GroFin is an SME development financier assisting entrepreneurs and business owners. This entry represents 5 investments made to small businesses in Rwanda through the GroFin East Africa fund. in Rwanda. For more information see www.grofin.com

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Rwanda Africa, East Africa Financial services June 2008 Active
GAF Tanzania Portfolio

GroFin is an SME development financier assisting entrepreneurs and business owners. This entry represents 10 investments made to small businesses in Tanzania through the GroFin East Africa fund. For more information see www.grofin.com

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Tanzania Africa, East Africa Financial services June 2008 Active
GAF Uganda Portfolio

GroFin is an SME development financier assisting entrepreneurs and business owners. This entry represents 16 investments made to a diversified group of small businesses in Uganda through the GroFin East Africa fund. For more information see www.grofin.com

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Uganda Africa, East Africa Financial services June 2008 Active