Financing Source: Spark+ Africa Fund

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Last edited on 25/07/2023 by Chinwendu Obed
(Date format: DD/MM/YYYY)

Key facts

Invests either debt or mezzanine capital, and in select instances, equity investment, tickets ranging from $500,000 to $7 million in companies that have commercialized their product or service and have traction in their market(s). Invests in designers, manufacturers, distributors, and retailers of cooking solutions in Africa. We also invest in microfinance institutions, solar home system / connected asset finance companies, mini-grid operators, multi-product last-mile distributors, SaaS and IoT

Type of financing

• Grant
• Equity

Technology scope

• SHS
• Minigrid
• Other

Target beneficiaries

Early-stage, SME

Geographical scope

Sub-Saharan Africa

Application

Rolling basis

URL

https://www.sparkafricafund.com/

Further information