/Investor DB

GrowthAfrica

Accelerator

Nairobi · Seed–Growth · 21 people tracked

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Investment thesis

GrowthAfrica operates as an accelerator and growth partner for African entrepreneurs, working to mature high-potential ventures into investable businesses. Founded as a foundation with a mission to strengthen local enterprises and contribute to African social and economic growth, it supports startups, scalable ventures, and growth SMEs across a broad spectrum of industries. The organisation delivers impact through acceleration programmes, strategic advisory, design and delivery of donor-supported entrepreneur programmes, and facilitating access to investments, loans, and grants. It has facilitated tens of millions of dollars in funding for its clients and supported hundreds of entrepreneurs across multiple African countries.

Source: firm website, verified Sep 26, 2026.

Stage
Seed–Growth
HQ
Nairobi, KE
Instruments
Equity · Debt · Grants
Founded
2002
Portfolio companies
29

Team · 21 people

from the firm's website
Alex Njoroge· Finance and Administration Associatein
Eugene Eluerkeh· Senior Growth Catalystin
George Ogada· Growth Catalystin
Linda Mathenge - Mwangi· Project Catalystin
Metternich Modechai· Growth Associatein
Michael Otoo· Growth Catalystin

What they invest in

from 13 of 29 portfolio companies

Consumer ×4Impact & Social Good ×4Travel & Hospitality ×4Direct to Consumer ×3E-commerce ×3Circular Economy ×2FoodTech ×2AgTech ×1

HQs:Kenya×5Uganda×4Ethiopia×1United States×1

Portfolio companies · 29 tracked

alumni founders can tell you what the program is really like
APT Commodities Limitedaptteas.com

A Japanese-language blog publishing articles about day trips, ski tours, and leisure travel.

Media & EntertainmentTravel & Hospitality

BOLD Kampalaboldinafrica.com

Bold in Africa is an online retailer selling women's clothing, accessories, homeware, and gift items, including an exclusive linen line.

ConsumerE-commerceRetail Tech

Burton and Bamber (Sweet Tunda)sweetunda.com

Sweetunda sells Kenyan dried fruit and fruit rolls, sweet potato crisps, and granola as packaged healthy snacks, offered directly to consumers through mix-and-match bundles.

ConsumerDirect to ConsumerE-commerceThika, KE

Bushpigbushpigkampala.com

Bushpig Backpackers is a budget hostel in central Kampala, Uganda, offering dormitory beds, private rooms, and extended-stay options for travellers, volunteers, interns, and researchers.

ConsumerTravel & HospitalityKampala, UG

Clinic Master Internationalclinicmaster.net

ClinicMaster is a healthcare information management and medical billing software (EMR) that automates patient registration, appointments, clinical documentation, laboratory, radiology, pharmacy inventory, insurance claims, and billing for hospitals and clinics.

Digital HealthHealthtechSaaSKampala, UG

Copia Globalcopiaglobal.cominOct 2015

Affordable consumer products for the rural base of the pyramid

Tiburon, US

Tracey Turner(Executive Officer, Director)inCrispin Murira(Executive Officer)in

BoardJames Sorenson(Director)Saskia van der Mast(Director)Peter van As(Director)Gerald Held(Director)

Co-investorsDCVC (Data Collective)Opes Impact FundDFCEndeavor CatalystEnza CapitalGoodwell Investments+3 more

Ecofuelsefkgroup.co.ke

EcoFix(K) focuses on sustainable agribusiness and organic agricultural outputs.

Co-investorsSorenson Impact Foundation

I Like Locali-likelocal.com

I Like Local is an online marketplace for booking travel experiences directly with local hosts and community organizations across Africa and Asia.

Impact & Social GoodMarketplacesTravel & Hospitality

Insectiproinsectipro.com

InsectiPro farms insects at scale in Kenya to produce alternative protein for animal feed and organic fertilizer, while recycling organic waste.

AgTechCircular EconomyFoodTech

Talash Huijbers(Founder)

Iprocureiprocu.reDefunct

iProcure was a Nairobi-based agritech company that built a proprietary distribution platform connecting agricultural input manufacturers directly to agro-dealers in Kenya and Uganda, lowering prices for farmers by cutting out middlemen.

Co-investorsCeniarthNovastar VenturesBritish International Investment

Kwangu-Kwakokwangukwako.com

Kwangu Kwako is a Kenyan affordable-housing company that builds homes, schools, and fences using its own precast concrete wall panels and hollow blocks, offering turnkey construction from studio packages to custom projects.

Construction TechNew MaterialsPropTech

Run Africarunafrica.co

Run Africa offers altitude fitness and adventure experiences in Ethiopia for outdoor enthusiasts of all ability levels.

Sports TechTravel & HospitalityWellness & Fitness

Salaam Technologiessalaam.ke

Salaam Technology provides cybersecurity, IT service management, operations management, and data analytics services to help businesses protect digital assets and improve operational efficiency.

CybersecurityData & InfrastructureEnterprise Software

Shea Caresheacarenaturals.com

Shea Care Naturals makes premium skincare amenities from Vitellaria Nilotica shea butter sourced in Northern Uganda, offering custom formulations and refillable, zero-waste packaging.

Circular EconomyConsumerImpact & Social Good

Shopsokoshopsoko.comin𝕏

SOKO designs and sells jewelry made by artisans in Kenya, combining product design with ethical, sustainable production.

Direct to ConsumerE-commerceImpact & Social Good

Gwendolyn Floyd(Founder)

Co-investorsNovastar Ventures

Wildwild.coffee

Wild is a coffee subscription service that roasts and ships award-winning African coffee directly from origin to consumers, with all value addition done locally to return more income to farmers.

Direct to ConsumerFoodTechImpact & Social GoodKampala, UG

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BluewaveBurton and BamberDineroKonaMama RocksMarini NaturalsPelezaPeperukaSavvy RidersStrauss EnergyTovuti GroupWanda OrganicYenePay

Frequently asked questions

How many investments has GrowthAfrica made?
GrowthAfrica has 29 tracked investments.
What stage does GrowthAfrica invest at?
GrowthAfrica invests at the Seed, Growth stages.
What sectors does GrowthAfrica focus on?
GrowthAfrica focuses on Advanced Manufacturing, AgTech, Cleantech, Construction Tech, E-commerce, EdTech, Energy, Fintech, Healthtech, HR Tech, Impact & Social Good, Logistics & Supply Chain, Media & Entertainment, Sector Agnostic, Travel & Hospitality, Wellness & Fitness.
Where is GrowthAfrica located?
GrowthAfrica is headquartered in Nairobi, KE.
Who does GrowthAfrica co-invest with?
GrowthAfrica most often shares deals with Ceniarth, DCVC (Data Collective), Novastar Ventures, among 6 tracked co-investors.

Images

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