Proparco — Full Portfolio

Azure Power India develops, constructs, and operates large-scale renewable energy projects in India, specializing in solar generation with a focus on displacing global emissions.

CleantechClimate TechEnergyGurugram, IN

Co-investorsFOFoundation Capital

Orchidia is a pharmaceutical company that completed a third investment round in 2026 with strategic international investors including SPE Capital, Proparco, EBRD, and BIO.

BiotechHealthtechMedical DevicesCairo, EG

DODr. Ossama Abbas(Chairman)DKDr. Karim Ossama(CEO)

Co-investorsEBEBRDSPSPE Capital Partners

ZIZ is a diversified electricity company based in Chad that develops, finances, builds, and operates hybrid power plants and urban metro-grids serving secondary cities of over 25,000 inhabitants.

CleantechClimate TechEnergy

Co-investorsFMFMOASAster CapitalE3E3 Capital

ANKA is an e-commerce platform for African entrepreneurs to sell products and services worldwide, offering an online shop, cross-border payment collection (Mobile Money, Visa, Mastercard, bank transfer), and international shipping with customs management.

E-commerceFintechLogistics & Supply Chain

Co-investorsCOConsonance Investment ManagersRIRising Tide Africa (RTA)SASaviu VenturesVEVestedWorldBPBpifranceINInternational Finance Corporation

Annapurna Finance is a financial services company offering loan services in India.

FintechImpact & Social GoodBhubaneswar, IN

Co-investorsACAccionINIncofin Investment ManagementOIOikocredit

Arc Waste Compactors manufactures waste and recycling equipment including self-contained, stationary, apartment, and vertical compactors, as well as cardboard balers for commercial, industrial, and institutional facilities.

Advanced ManufacturingCircular EconomyHardware

Co-investorsH.H.I.G. CapitalNONorrsken22NONovastar Ventures

Novastar Fund III (NVIII) portfolio company.

KBKarl Boyce(Founder)in

Co-investorsNONovastar VenturesBRBritish International InvestmentINInternational Finance CorporationMIMirovaNONorrsken22

Badili Kenya is an online marketplace that sells certified refurbished smartphones, such as the Samsung Galaxy S22 5G, with quality checks and a 12-month warranty.

Circular EconomyConsumerE-commerceMarketplacesSector AgnosticNairobi, KE

Keshu Dubey(Founder)Rishabh Lawania(Founder)in

Co-investorsE3E3 CapitalSOSOSVIPIPVRERenew CapitalVEVenture Catalysts

BRAC invests in socially responsible enterprises focused on expanding access to education, healthcare, financial inclusion, and technology services.

AgTechEdTechFintechHealthtechImpact & Social GoodBangladesh, BD

SFSir Fazle Hasan Abed(Founder)

Co-investorsCECeniarthBEBelgian Investment Company for Developing CountriesGLGlobal Partnerships

Complete Farmer operates a technology platform for agriculture in Africa, using data and AI to connect and support farmers across the agricultural value chain.

AgTechAI & Machine LearningB2B MarketplacesFoodTechImpact & Social GoodLogistics & Supply ChainSan Francisco, GH

DKDesmond Koney(Founder)in

BoardAshwin Ravichandran(Director)Francis Owusu(Director)

Co-investorsALAlitheia CapitalCECeniarthGOGoodwell InvestmentsINIngressive CapitalNENewtown PartnersSASahel Capital+3 more

Dolidol is a Moroccan company that manufactures and sells home goods or household products with services including free delivery, extended warranty up to 25 years, and customer support available 5 days a week.

Consumer

Co-investorsDEDevelopment Partners InternationalINInternational Finance Corporation

African edtech offering hybrid online and campus-based training in AI, coding and digital skills across Africa and the Middle East.

Yahya Bouhlel(Founder)in

Co-investorsAFAfricInvestCACathay InnovationWAWamda CapitalFRFrench Partners

Husk Power Systems operates a distributed energy resources (DER) platform that deploys solar and battery storage to deliver clean electricity to communities, commercial and industrial enterprises, and households across Africa and Asia.

CleantechClimate TechEnergyFort Collins, US

MANOJ SINHA(Executive Officer, Director)inBRAD MATTSON(Director)MARKUS WILKENS(Director)LOIC DE FONTAUBERT(Director)MONISOLA OLAREWAJU(Director)

BoardPRADEEP PURSNANI(Director)

Co-investorsDRDraper AssociatesCICisco InvestmentsDRDraper Fisher Jurvetson (DFJ)FMFMOINInternational Finance CorporationSHShell Ventures

Pan-African eyewear brand expanding access to affordable eye care across 10 countries with 134+ stores.

Co-investorsASAsia Africa Investment & Consulting (AAIC)BEBeyond Capital VenturesEQEQ2 VenturesSASaviu VenturesAAAAICAFAfricInvest+1 more

Lendable is a UK-based online lender founded in 2014 that uses technology and data to offer personal loans with a fast, paperless application process.

ConsumerFintechNew York, GB

Daniel Goldfarb(Executive Officer, Director)DFDylan Fried(Executive Officer, Director)inJakob Schwarz(Founder)inVVVictoria van Lennep(Founder)inMatthew Perlman(Director)Amar Inamdar(Director)

Co-investorsBABalderton CapitalFEFenway Summer VenturesPAPassion CapitalTETeachers' Venture GrowthFRFrench PartnersGOGoldman Sachs+1 more

liwwa operates a peer-to-peer lending platform that connects retail investors with small and medium-sized enterprises seeking funding.

B2B MarketplacesFintechMarketplacesRego Park, US

SASamer Atiani(Executive Officer, Director, Promoter)inAhmed Moor(Executive Officer, Director, Promoter)

Co-investorsDADASH VenturesSISilicon BadiaBABank al EtihadFMFMOJOJordan Kuwait BankTRTriple Jump

Maad is a commerce infrastructure platform for consumer brands, manufacturers, and importers, combining market intelligence, field activation, owned logistics (warehouse and GPS-tracked fleet), consumer engagement, and financial services (retailer credit and incentives) into one integrated system.

AI & Machine LearningB2B MarketplacesLogistics & Supply Chain

Co-investorsALAlumni VenturesDFDFS Lab FrontierOUOui CapitalREReflect VenturesVEVentures PlatformDFDFS Lab+2 more

Nigerian mobility company financing, assembling and servicing electric two- and three-wheelers for Africa's commercial drivers.

Logistics & Supply ChainMobility & TransportationLagos, NG

Chinedu Azodoh(Executive Officer, Director)inABAdetayo Bamiduro(Executive Officer, Director)in

Co-investorsCACapria VenturesTETechstarsZRZrosk Investment ManagementENEndeavor CatalystGLGlobal VenturesLILightrock+2 more

Moniepoint provides banking, payments, credit, and cross-border payment services along with business management tools for African businesses and individuals, with a focus on MSMEs.

Enterprise SoftwareFintechSaaS

FIFelix Ike(Founder)inTETosin Eniolorunda(Founder)in

Co-investorsCACapria VenturesDEDevelopment Partners InternationalLELeapFrog InvestmentsNENew VoicesOUOui CapitalQEQED Investors+8 more

Nuru builds and operates solar-based mini-grids to provide electricity in the Democratic Republic of Congo, including a 1.3MW solar hybrid site in Goma described as the largest off-grid mini-grid in sub-Saharan Africa.

CleantechEnergyImpact & Social GoodGoma, CD

Archip Lobo(Founder)in

Co-investorsASAster CapitalE3E3 CapitalINInternational Finance Corporation

Proximity Designs is a social business that develops and distributes agricultural technology, agronomy services, and climate adaptation solutions for rural smallholder farmers in Myanmar.

AgTechClimate TechImpact & Social GoodMyanmar, MM

JTJim Taylor(Founder)inDADebbie Aung Din(Founder)in

Co-investorsAUAutodesk Foundation

RenSource develops, finances and manages solar and hybrid energy systems for commercial and industrial businesses, including universities, hospitals and industrial facilities.

CleantechClimate TechEnergyLagos, NG

Ademola Adesina(Director, Promoter)Prince Ojeabulu(Chief Operating Officer)Baafour Out-Boateng(Director)James Eedes(Director)Luis A. Faria(Director)David Ladipo(Director)

Co-investorsAFAfrigreen Debt Impact FundCRCRE Venture CapitalEDEDP RenewablesOMOmidyar NetworkPLPlayfair Capital

Life Ride offers non-emergency medical transportation with door-to-door assistance for people with mobility challenges, including wheelchair users and those recovering from injury.

HealthtechLogistics & Supply ChainMobility & TransportationLivingston, US

Co-investorsKLKli CapitalBRBritish International InvestmentINInternational Finance CorporationMIMirovaNONorrsken22NONovastar Ventures

Reinvents credit access for small businesses in emerging markets.

Co-investorsNANairobi Business Angel NetworkSASaviu VenturesDIDigital Africa

Sahyadri Farms grows and processes fruits, vegetables, and value-added products including fresh produce, dried fruits, juices, and bioactive ingredients.

Advanced ManufacturingAgTechCircular EconomyFoodTechImpact & Social GoodNashik, IN

VSVilas Shinde(Founder)in

Co-investorsKOKorysFMFMO

Solarise Africa provides integrated renewable energy solutions and financing for commercial and industrial businesses in Africa, combining solar installation, energy optimization, and Energy-as-a-Service offerings.

CleantechClimate TechEnergyFintechImpact & Social Good

JAJan Albert Valk(Co-Founder & CEO)inSVSakkie van Wijk(Co-Founder & COO)in

Co-investorsASAster CapitalE3E3 CapitalOIOikocredit

Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa.

Enterprise SoftwareFintechHR TechSaaSNairobi, KE

PKPaul Kimani(Founder)inJKJackson Kibigo Kungu(Founder)inEdwin Njuguna Mwangi(Executive Officer)David Maina Kariuki(Executive Officer)Jackson Kibigo(Founder)Jackson Kimani(Founder)

Co-investorsY Y CombinatorACAcadian Ventures Management, LlcNONorrsken22P1P1 VenturesSASaviu VenturesSOSoma Capital+10 more