GroFin Women Entrepreneurs in Tanzania

Giving women entrepreneurs their place in the sun

Women entrepreneurs play a pivotal role in the private sector comprising micro, small and medium enterprises in Tanzania. Women owned enterprises increased from 35% in early 1990s to 54.3% in 2012, according to estimates by the International Labour Organisation (ILO). The ILO Women Entrepreneurs Survey 2014 revealed that 85% of women interviewed in Tanzania financed

Yak Fair Trade Agribusiness - GroFin-Rwanda Client

GroFin Deepens Agribusiness Reach in East Africa

After transforming Rwanda into a model for conflict-affected states, the Government of Rwanda is now focusing its reform efforts on a vital needs sector: agribusiness. What makes this sector so crucial is that over 75% of Rwanda’s workforce is concentrated in agriculture. Against this backdrop, GroFin is deepening its efforts to reach out to agribusinesses

Millennial movement: Why the young are impact investment’s big hope

Millennial movement: Why the young are impact investment’s big hope

Even as ‘The Economist’ noted in an authoritative piece at the start of 2017 that impact investing has come of age, moving into 2018 it looks like the rise of impact investing is indeed an age-related phenomenon. Powering the growth of impact investing are the millennial youth, the freshly minted generation of the 1980s and

GroFin Ivory Coast Client - Ecole des Spécialités Multimedia d’Abidjan (ESMA)

GroFin Ivory Coast client expands digital education reach

Ivory Coast is facing challenges in catering for a rapidly rising labour force, counting 14 million workers in 2015 and poised to rise to around 22 million by 2025. As more and more workers enter the emerging economy, the issue is not so much employment for everyone, as it is to guarantee a decent wage. Indeed,

GroFin Senegal

GroFin opens 16th office across Africa and MENA, to invest in SMEs in Senegal

GroFin, a pioneering SME development financier, has opened its office in Senegal, furthering its expansion into West Africa’s Francophone belt after Ivory Coast. With the opening of this office, Senegalese entrepreneurs can expect to benefit from the unique model of appropriate, medium-term finance and specialised, value-added business support that GroFin extends to Small and Growing

GroFin Healthcare Client - Ebony Clinic, South Africa

Ebony Clinic: Quality healthcare for South Africans with GroFin’s support

With an overwhelming majority of the population at 97.6% consisting of native South Africans, and only half the households having access to piped water, Kaalfontein in Johannesburg is a typical township that is struggling to cater for a high BoP population. While townships are economically and politically significant in South Africa, they continue to lurk

GroFin Client, Highland School, Rwanda

Impact investing comes of age, set to revolutionise the investment world

As impact investing comes of age, to quote the Economist, it is time to take a look at the largest survey of the Impact Investment landscape, and see how this nascent industry is fast becoming a mainstream phenomenon. A decade into the creation of a formal impact investing industry, the Global Impact Investing Network (GIIN)

GroFin Education Client - Firm Foundation Ghana

Impact Investing & Education – Learning to make a difference in Africa

Africa’s education story is waiting to be written, but whether it will be written by Africa’s children is a pressing question that haunts the emerging continent. Consider this – Sub-Saharan Africa (SSA) still has 30 million children out of school, and tertiary education is suffering from severe capacity constraints. SSA is also the worst-performing region

GroFin Client - Firm Foundation Ghana

Firm Foundation Ghana – GroFin Client and School of Choice

Firm Foundation Ghana has become the school of choice for parents in the catchment area and is consistently the top performing school in the Ga West area for the Basic Education Certificate Examination (BECE). An average of 25% of students that obtain their BECE at Firm Foundation continue their education through tertiary institutions. The school’s student

Kenyan Entrepreneur, Pamela Muyeshi and Amaica Restaurant

Congratulations to Kenyan Entrepreneur, Pamela Muyeshi, for her phenomenal success with the Amaica Restaurant

Kenyan Entrepreneur Pamela Muyeshi has always had a passion for traditional and authentic Kenyan cuisine. So, it’s no surprise that Amaica Restaurant in Nairobi, would successfully grow to serve a customer base of roughly 43,000 diners per year, and triple its employment level to meet the growing demands of its customers. Since receiving GroFin finance in

Ghanaian entrepreneur Linklaters

Ghanaian entrepreneur tops up his fuel retailing business through disciplined success

Ghanaian entrepreneur, Richard Owusu-Poku, and owner of Linklaters is a prime example of a successful fuel retailer in Ghana. Richard currently manages five out of six Shell filling stations in Koforidua, in the Eastern Region of Ghana. And of the five petrol stations he runs, he owns and operates two while managing the other three

GroFin Kenya client GAEA Foods Ltd

Hot start for GroFin Kenya entrepreneur in potato processing business

Entrepreneur Irene Wanjiru Mwangi is a pioneer in the field of potato processing in Kenya. Her company, GAEA Foods Ltd., processes potatoes for the local urban market mainly consumed by fast food restaurants, main stream hotels and centralised kitchens for some universities. Consumption is highest amongst the fast food chains: that is estimated to consume

GroFin Entrepreneur Guide - Management Accounting

The GroFin guide for entrepreneurs: Management Accounting

In its most basic form, management accounting allows a business to control its operations and take informed decisions in line with its performance objectives. For small and growing businesses, management accounting is a way to ensure that the business stays within its means as it grows. Indeed, management accounting is crucial for entrepreneurs as it

Agribusiness GroFin Africa

Why African agribusinesses needs impact investments

Investment in agriculture is key to ending hunger and poverty in Africa. Statistics by the European Commission show that, in Africa, agriculture accounts for 65% of total employment and 32% of GDP. Most importantly, agribusinesses tackle food insecurity on two fronts – stimulating increased food production on the one hand and creating wealth for smallholders

Sello Malatji - CEO of Rothe Plantscapers wins award while making local impact

GroFin SA client Rothe Plantscapers wins Regional Productivity Award while making local impact

“We have a great story to tell and I impress on all of us to continue writing this great STORY!” Sello Malatji, CEO – Rothe Plantscapers. GroFin South Africa investee Rothe Plantscapers has won gold in the Productivity SA Gauteng Regional Awards. As a regional winner, our client was automatically entered as a finalist for the National Productivity

GroFin Women Entrepreneurs - 2016-17 Vital Voices Grow Fellowship Program

GroFin’s VV Grow winners laud Fellowship for clear business benefits

At GroFin, we not only use our resource base of over 110 in-house investment professionals to help our investee businesses become sustainable, but also leverage external expert networks to propel our women entrepreneurs to the heights of success. Last year, we introduced our women entrepreneurs to the 2016-17 Vital Voices Grow Fellowship Program, which helps

Zambian Entrepreneur of Bestlay Country Egg and a GroFin Zambia Client

Bestlay Country Egg set for successful hatch in Zambia’s Poultry Industry

Bestlay Country Egg was incorporated in Lusaka, Zambia on May 2016 by key Zambian entrepreneur Mr. Patrick Bobo. Following which, he approached GroFin Zambia for finance and support for his start-up agri-processing poultry business. Patrick has worked for 21 years as an accountant, audit senior, chief internal auditor, chief accountant and operations manager for various

GroFin Impact Investing in African Healthcare

Impact investing to give African healthcare a shot in the arm

With legacy diseases and shortage of healthcare workers keeping African life expectancy far below the global average, impact investing can give the African healthcare sector a much needed shot in the arm. African health needs care When it comes to health, the African population definitely deserves greater care. Africa is the only region in the world

GroFin Guide - Working Capital Management

The GroFin guide for entrepreneurs: Working Capital Management

To talk of financial management and not touch upon working capital management is not possible. This GroFin business support guide provides an overview on working capital management to help entrepreneurs understand the importance of working capital for building a sound financial future for the organisation. Download the complete and detailed GroFin PDF guide on Working

Smyle Ice Cream Lagos Nigeria

Smyle Ice Cream: Lagos entrepreneur aims for top ice cream brand in Nigeria

Chris Gozie Ijeh, Lagos entrepreneur and Managing Director of FCI Smyle International, approached GroFin Nigeria in 2015 for finance and support of his business expansion project. Given his company’s brand reputation for quality and indigenous manufacturing and supporting extensive employment, GroFin did not hesitate to support his company with a sizeable loan. An Entrepreneur from