Novastar Ventures East Africa Fund

Africa

Region

83.3

Commitment (MNOK)

Active

Status

Novastar Ventures is a true venture fund of USD 80m, targeting Ethiopia and Kenya.

detail_image

Key information

Sector:
SME Funds
Commitment (MNOK):
83.3
Year:
2013
Region:
Africa
Country:
Regional
Domicile:
Mauritius
Instrument:
Funds
Status:
Active
Mandate:
Development

Novastar Ventures East Africa Fund investments

Investee Sector Country
The Perennial Foods Group Investment (GreenPath)Ethiopia
iProcure Ltd.Kenya
Komaza Group FPCKenya
Lynk Jobs LimitedKenya
Mobile Web (Mauritius) Ltd (Hivisasa)Kenya
Moko Home & Living CompanyKenya
New Globe Schools (Bridge International Academies)Kenya
Paygo EnergyKenya
Penda HealthKenya
Poa International LtdKenya
SanergyKenya
Soko Inc.Kenya
SolarNowKenya
Springhill Cookstoves (Paradigm)Kenya
SpringHIll Sanergy Investors LLCKenya

Read more about the investment:

Woman working in factory with dried larvae. Photo: Indigo Trigg-Hauger/Norfund

Norfund’s investment in Novastar grows circular waste business in Nairobi