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Sunday Adelaja'sBlog

Opportunity!! This 16 International Organizations Give You Funds To Start & Grow A Business In Africa!

from: 12 . 03 . 16

Information they say is power. I have heard a lot of Africans say they have great ideas, but lack the funds to get them going especially business wise. This could be the answer to your prayers. Here is a list of International Organizations that will help fund any startup in Africa. The opportunities are yours to take.

(1) Acumen Fund

Acumen is a charity organisation incorporated in 2001 with seed capital from the Rockefeller Foundation, Cisco Systems Foundation and three individual philanthropists. The Acumen Fund invests in entrepreneurs who have the
capability to bring sustainable solutions to big problems.

In May 2014, The Acumen Fund co-invested $1.5 million in Esoko Networks Limited (“Esoko”), a Ghanaian-built technology platform that connects African farmers to markets via mobile phones. In October 2014, Acumen announced a $1.4 million investment in SolarNow, a company that sells and finances solar home systems in Uganda.

Investment focus

Acumen is always looking for entrepreneurs who have new and innovative models for tackling poverty and who also meet their investment criteria. To qualify for investment, entrepreneurs must be located in, or have significant
operation or impact in East Africa, West Africa, India, Pakistan or Latin America.

Contact Information
+233 030 298 4098 (West Africa)
+254 736 073036 (East Africa)
To Apply for investment, follow this link:

(2) Africa Enterprise Challenge Fund

The Africa Enterprise Challenge Fund is a US$ 207m fund capitalized by multilateral and bilateral donors (the AECF donors) to stimulate private sector entrepreneurs in Africa. The AECF is supported by the governments of Australia, Denmark, Netherlands, Sweden and the United Kingdom, as well as the International Fund for Agricultural Development (IFAD).

Investment focus
The Fund awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial

The AECF makes its funding available through competitions. Private sector companies are invited to compete for AECF funds by submitting their new and innovative business ideas to a particular AECF competition. The best ideas are awarded up to US$1.5m in grants and interest free loans.

Contact Information
The Africa Enterprise Challenge Fund
10th Floor, ABC Towers, ABC Place
Waiyaki Way, Nairobi, Kenya
Tel: +254 20 269 9137/8/9
To apply for investment.

(3) Africa Media Ventures Fund

AMVF mobilizes capital and experience in the Netherlands to invest in entrepreneurs in the media sector and small and medium-sized African media companies.

It offers a combination of venture capital and business development support, involving knowledge, experience, access to proven business concepts and network.

AMVF’s capital investment ranges from $20,000 to $200,000. Its investors are experienced media entrepreneurs with a passion for Africa who are involved in the management of the portfolio companies through visits and board

Investment focus

AMVF focuses on businesses that are active in the media and information sector using mobile and/or online applications to provide content or services to consumers or businesses. Its target sectors include: Travel & Leisure, Entertainment, Jobs, Parenting, Automobile, Real Estate, Food and Shopping.

The business must be located in Sub-Saharan Africa, preferably in Kenya, Uganda, Tanzania or Ghana.

Contact Information
To send an email or apply for investment, follow this link.

(4) African Development Foundation

The African Development Foundation (ADF) is an independent Federal agency of the United States government that was established to support African-led development that grows community enterprises by providing seed capital and
technical support.

USADF connects community enterprises with capital and technical support. It helps organizations and businesses in Africa to create and sustain jobs, improve income levels, achieve greater food security, and address human
development needs. In 2014 alone, the USADF gave out 336 grants worth over $50 million and impacted over 1.3 million people in Africa.

Investment focus

The USADF focuses on Small holder Farmers, youths, women and girls, and recovering communities. It provides grants of up to $250,000 directly to hard to reach and underserved community enterprises that are ready to do their

Contact Information
1400 Street NW, Suite 1000,
Washington. D.C. 20005-2248, USA
P: 202-673-3916 | Tel: 202.673.3810
Tel: +254 20 269 9137/8/9
To apply for a grant, follow this link

The AWDF is the first pan-African women’s grant maker in Africa. Since the start of its operations in 2001, AWDF has provided US$17 million in grants to 800 women’s organizations in 42 African countries.

The AWDF is an institutional capacity-building and programme development fund, which aims to help build a culture of learning and partnerships within the African women’s movement. In addition to raising money and awarding grants, the AWDF will attempt to strengthen the organisational capacities of its

Investment focus

The AWDF only funds local, national, sub-regional and regional organisations in Africa working towards women’s empowerment in six thematic areas: Women’s Human Rights, Economic Empowerment and Livelihoods, Governance, Peace and Security, Reproductive Health and Rights, HIV/AIDS,
Arts, Culture and Sports.

The AWDF only awards grants to organisations, not individuals. It awards grants ranging from $8,000 up to $50,000.
Contact Information
Office: Plot 78 Ambassadorial Enclave, East Legon, Ghana
Email: or
Tel: + 233 302 521257
Fax: +233 302 521257
To apply for a grant, follow this link

(6) Agri-Vie

Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa. Since it started in 2008, it has invested over $100m in Africa’s food and agribusiness sector.

Its investments in Africa include: Dew Crisp (South Africa), Africa Juice (Ethiopia), Fairfield Dairy (South Africa), New Forests Company (Tanzania), Hygrotech (South Africa), Kariki Group (Kenya) and Vida Oils (Mozambique).

Investment focus

Agri-Vie focuses on the following areas: food and beverages , convenience foods (including fresh-packed and prepared foods), protein products including poultry, aquaculture and beef; value-added dairy products, including yoghurts, desserts, cultured milk; health & wellness products; forestry and timber products; agricultural inputs including seeds, bio-friendly fertilisers and crop- protection; food logistics – cold chain, warehousing, distribution; and renewable energy.

Contact information
Tel +27 (0)21 913 5662
Fax +27 (0)21 913 8954
E-Mail :

(7) Bamboo Finance

Bamboo Finance is a commercial private equity firm specializing in investing in business models that benefit low-income communities in emerging markets. It has offices in Luxembourg, Geneva, Bogota, Nairobi and Singapore.
Launched in 2007, the firm seeks to demonstrate that private capital can be profitably deployed as a tool for effective change around the world. To date, Bamboo Finance manages about $250 million; representing two global funds
and a combined portfolio of 46 investments operating in 30 emerging market countries.

Investment focus

Bamboo finance usually invests in businesses that satisfy the following

– The business must provide essential goods and/or services affordably to low income communities unreached (or underserved) by existing businesses
–  The usage of its products/services should result in improvements in quality of life and/or efficiencies that translate into increased income or reduced expenses?

Contact information
Tel: +41 22 544 2070 (Switzerland)

(8) CAF

Founded in 1924, the Charities Aid Foundation (CAF) is a charity organisation based in the United Kingdom and manages over £3 billion on behalf of charities worldwide.

Through CAF Venturesome, the social investment arm of the organisation, it provides affordable financial support to charities, social enterprises and community groups when grants may not be available and access to traditional
financial institutions is difficult. CAF Venturesome offers financial support of between £25,000 and £250,000
(or up to £350,000 in certain circumstances) to help with specific challenges faced by entrepreneurs, organisations and businesses. This support usually comes in the form of unsecured loans, underwriting and equity-like investment
to organisations.

Investment focus:

CAF is interested in businesses and organisations that have a clear charitable
purpose and social impact.

(9) CDC

Founded in 1948, CDC is the UK’s Development Finance Institution (DFI) wholly owned by the UK Government’s Department for International Development (DFID). It is the world’s oldest DFI with a history of making successful
investments in businesses which have become industry leaders.

CDC actively supports businesses throughout Africa and South Asia, and its portfolio of investments is valued at over £2.5bn (year end 2013). In November 2013, CDC announced a US$18.1m investment into Feronia, an agricultural production and processing business focused on palm oil plantations and arable farming in the Democratic Republic of Congo (DRC).

Investment focus:

The CDC equity investments team typically looks to invest in established businesses with revenues of $10m+ and a track-record of profitability. CDC will consider start-ups or green-field projects only where there is a strong sponsor
(individual or company) who will co-invest alongside CDC and has a strong track-record and delivery capability.
Its main focus areas are: Infrastructure (especially power), Manufacturing, Health, Education, Food-processing and Construction.

(10) Echo VC Partners

Echo VC Partners is a seed and early stage venture capital firm that is focused on financing and cross-pollinating leading technologies, teams, business models and knowledge across North America, Africa and South-East Asia.
In Africa and SE Asia, the firm focuses on the underserved seed/early-stage venture and growth capital technology investment opportunities.

Investment focus:

Echo VC Partners focus on the following sectors for investment: Consumer Internet and Services, SmartGraph and SmartData, Mobile, Digital Media, Content and Advertising, E/M-commerce, Software, Tech-enabled Services and
Enterprise Infrastructure.

Average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of the business.

(11) Echoing Green

Since its founding in 1987 by the leadership and investment of the leading global growth equity firm, General Atlantic, Echoing Green has provided more than 600 social entrepreneurs working in sixty countries with $36 million in start-up funding, customized support services, and access to a global network.

These social innovators have gone on to launch, and now lead, some of today’s most important social enterprises throughout the world.

Investment focus:

Echoing Green is interested in supporting social entrepreneurs with breakthrough ideas to address stubborn and deeply-entrenched problems in the world.

(12) Endeavor

Founded in 1997, Endeavor is a non-profit organization dedicated to High- Impact Entrepreneurship; identifying and supporting the continued growth of a select group of entrepreneurs in emerging market countries (like in Africa).

Investment focus
Endeavor selects and supports extraordinary emerging-market entrepreneurs who have the potential to transform industries, communities, and even countries. It selects individuals of all ages, ethnicities and educational
backgrounds, delivering a meritocratic message to the developing world: that through hard work, creativity and values-driven leadership, individuals living anywhere, from any background, can turn an entrepreneurial idea into a
world-class venture.

Endeavor screens thousands of entrepreneurs each year and selects those with exceptional, high-impact potential. Through a rigorous, multi-step selection process (12-18 months), candidates pass a series of local and regional
interviews before presenting to panelists from its global business network at International Selection Panels held four to five times each year.

(13) eVA Fund

The eVentures Africa Fund (eVA Fund) was launched in January 2010 and is dedicated to mobilising capital and experience in the Netherlands/Europe to invest in small and medium-sized African internet related companies.
eVA Fund exclusively provides funding to startups in sub-Saharan Africa. Some of its investments include: Nomanini, Verviant, Umuntu Media, and MoboFree.

Investment focus

The eVA Fund focuses on and invests only in companies that use technology within Africa to build world-class platforms that deliver local content for Africa. This includes startup businesses in the following areas: internet and/or mobile applications, platforms, e-commerce and solution-providers (i.e. not in infrastructure and hardware).

(14) Fanisi Venture Capital Fund

Fanisi Venture Capital Fund is a $50M fund which makes direct investments (private equity and venture capital) in businesses with potential for substantial growth. Fanisi Capital was founded in 2009 by the Norwegian Investment Fund for Developing Countries (Norfund) and Amani Capital Limited.

Some of its investments in Africa include: Hillcrest International Schools (Kenya), Sophar Pharmaceuticals (Rwanda), Ngare Narok Meat Industries (Kenya) and Haltons Pharmacy (Kenya) among others.

Investment focus

The Fund focuses on a segment of the market that has to date been outside the reach of most venture capital funds in the East African market (Kenya, Tanzania, Rwanda and Uganda).

Fanisi makes direct investments in high growth businesses across diverse industry sectors with emphasis on: Agri-Business, Healthcare, Energy & Natural Resources Services, Retail & Consumer and Education. It focuses
principally on companies that are post-revenue with profits or are on a clear path towards profits.

(15) FMO Entrepreneurial Development Bank

FMO is the Dutch development bank that finances entrepreneurs, companies, and projects from developing and emerging markets. Founded in 1970, FMO is a public-private partnership, with 51% of its shares held by the Dutch
government, and 49% held by commercial banks, trade unions and other private-sector representatives.

FMO has funded several projects across Africa. It supports entrepreneurs, companies and projects with equity, loans and guarantees; capital market transactions; mezzanine and other tailor-made solutions; and long-term and
short-term project financing.

Investment focus:
FMO provides support to sectors that it believes can have the highest long-term impact. These include: Financial Institutions, Energy and Agribusiness, and Food & Water.

(16) Ford Foundation

Established in 1936, The Ford Foundation provides grants to organizations in the United States, Latin America, Africa, the Middle East and Asia. Since its founding, the Ford Foundation has distributed more than $16.3 billion in grants worldwide.

The Foundation receives more than 40,000 proposals annually and makes over 1,400 grants. The Foundation’s assets are valued at more than $10.3 billion.

Investment focus:

The Ford Foundation’s grants focus on initiatives aimed at reducing poverty and injustice; promoting democratic values; and advancing human knowledge, creativity and achievement.

The Foundation makes a very limited number of grants to individuals, generally restricted to fellowships for advanced study.

NB: Please write directly to any of the establishments listed above that suits your need and we believe that they will respond to you. Their links and contact information has been provided above for you. We don’t give out these grants, we only make the information available to you. We wish you all the best.

55 Comments to “Opportunity!! This 16 International Organizations Give You Funds To Start & Grow A Business In Africa!”
Very helpful information,I will apply for funding.
Thanks very much for the information. I have colleague here in Nigeria who has vast experience in fish farm but needs capital to start. Which of these agency can assist him
Thanks for the information. We are a media looking more fund
Helpful information I would like to apply to start a business.I was looking for capital funds all along.
I would like to apply to any of these NGOS for funding of the business I would really like to start up. It will bring phenomenal growth in the agricultural sector in Nigeria. Its the most available crop but less is known about it. Thanks
Is this loan accessible to Nigerian? If it is accessible which of the company? And how do I go about accessing the loan?
Use Google to find and contact the different Organizations and make direct inquires.
Information is power indeed
We are into agric business and i hope this information will help alot. Thanks
Thanks for these information. I would like to access them coz I've been looking for loans since 2014 and no access. God bless you. please how do I contact the organizations?
Immense thanks for this information. You are a leader and a ladder for us. We have hope.
Sir, You are a leader and a ladder. We have hope. Thanks for the information.
What a wonderful and valuable information! Can I have your e-mail address or mobile phone number? I'm not sure you are the same Adelaja I worked with at Scoa Motors, Lapal house, Lagos Accounts Dept in 1980s who was planning to travel out of Nigeria then. Regards.
thanks for the information.. but I have a business idea of setting up a welding engineering workshop... how do I apply for the funding here in Nigeria
How do I get funds to complete my pharmacy which i had starrt
I Have A Proposal For A 70 hectares Farm Land. Yeaning For Funding. Also A Museum On West Afrian Slavery. All Needs Funds. Urgent Response Needed.
I am interested don't mind to be a benefactor. Thanks
thanks for this key information. but what about assistance for the gospel of Christ? thanks once more.
I have a small company I want esterblishe I have done all survay on very necessary instruments for it to be but l lack capital to esterblishe it I need urgent financial help now I from rivers state for more information call 08165598944,08122758160.
What kind of project? & What is your capital budget estimate?
Thank you for this insight... Iam looking to start an oil mill industry complete processing... I'll need close to $30,000 for this... I'm looking for help...I have lands I have space for the project...I have requisite knowledge I'm an ex banker with astute administrative skills and have seasoned veterans in the oil business to work with...I want to salvage my community with this investment and job opportunity as I'll be employing over 80 staffs and create employment giving the youths a hope to look toward to...please my contact is 07069056682....please contact me with a willing investor for further talks
Thank you all! I wish to get the opportunity to work with you,& to try my part to make some diffrence in our world! I am starting a green-technology project (that focusses mainly on agriculture). So,how may you advice me to try to apply for the project fund? Thanks again! Respectfully! Dawit.
Thank you so much for this information.
Thanks Adelaja. This is very helpful.
please, I'll like to get links to these funds. I'm a graduate of environmental studies looking forward to going into large scale poultry farming
Please pick their names and google them. You will find their full information and how to contact them.
I wanna invest in chickens project, I have planned for every expenses, in my planning, I used manual means ,and by bad luck I have no funds to start,am requesting for your assistance.
Thanks for the helpful article, please i really need guidance on the process,i have more than a billion naira idea I hope to see someone call or text +2347067971450, am hopeful God would use someone. Thanks@ pastor Sunday Adelaja the ministry would continue to expand in Jesus name.
I have a project proposal planning to open an internet cafe and stationery shop. Waiting to hear from you soon. Thanks for the information
Sir, God bless you richly for this timely and useful information. By the great grace of l am a missionary to the core, can these companies assist a missionary financially for the propagation of the gospel? Hope to hear from you. Thanks sir.
Thanks for this great information sir
Sir,how do I partake in getting some funds? Really it assistance.
Write to the organizations that are listed above. All the best.
I am a Ghanaian with a bachelor of business mgt studies and have the passion for establishing and managing my own vegetable cultivation and would be greatly pleased if your outfit can be of help to me interns of seed supply and farm implements. Ransford, Ghana
Sir/Ma, REQUEST FOR FINANCIAL ASSISTANT I hereby write and request for your financial assistant which will enable me to pay my school fees complete. I got an admission with Gboko Ploytechnic this year but base on the fact that am finding difficult to afford the sum of Fifty thousand naira (N50,000) to pay my school fees. I therefore request for your assistance which will enable me to pay the school fees and other registrations. Find attached is a scanned copy of the admission letter for your kind consideration. I will be must grateful if my request is given due consideration. Below is my account details: Account Name: Bokyaa James Kumahiden account No: 3046377936 Bank: First Bank Plc Thanks for your understanding. Yours faithfully, Mr. Bokyaa James Kumahiden +2348075891454. E-mail:
Please write to the organizations listed. You can find their contact details on Google. We don't accept applications, we only make the information available to you. All the best.
I am comfort Paul tokan am d second dauther of my parent I want to start a business but I don't have d capital pls I need your help I just need to start a businesses to help me pay for my school fees and that of my siblings please I am waiting for youyour respons I hope you will grant me help for I need to start something doing to look after my siblings hope u grant my request
Hello Comfort. We only make the information available. You need to directly write to the organizations listed to get whatever help you need. All the best.
My name is Catherine Ndoria and I run a kindergarten which I started in January 2017. It caters for children 2 - 6 years. I am looking for funds to put up play equipments eg slides, swings and also to buy some computers, books and toys for children. I hope your organisation would be able to give me the financial business support,
Hello Catherine, Please write to the organizations and they will respond to you. We only make the information available. We don't give out funds.
how can i get a loan to start up a business?
Hello, write to the organizations above and they will let you know what to do.
I recently started up a small security outfit and would be very appreciative of any information pointing me in the right direction as regards possible grants that may help in building the business further. I have gone through the summary of the companies provided above but none seem to focus in this line of business. Thank you.
thanks for informations given to us its the most important people can share to foster growth and opportunities within communities
kindly fund me to start a micro finance bank in kisumu kenya , I am a former banker with national bank of kenya
Thanks for the information. Can I get your newsletter on grant for agribusiness that focuses on youth and startups?
Thanks for the information. Great job.
I am a young CEO from Nigeria.I have a newly Incorporated firm here in Nigeria, certified on the 14Th of August,2017. It is a Conglomerate that give s solution in General-Construction, Oil And Gas, Mining and Agriculture.Is is called VICRAW CAPSTONE NIGERIA LIMITED; RC:1431192. It was incorporated with 1 Million shares capacity base with the Nigerian Corporate Affairs Commission. We are two (2) Directors and a Secretary constitute the Board Members of The Conglomerate. I have partnered with some foreign expatriates like Muit Ltd., DAANDC, Arab Contractors and making efforts to have more partners.I also have local professionals like Architects, Structured and Building Engineers, Electrical and Mechanical Engineers, Quantity Surveyors, Land Surveyors etc. I need to work on my WEBSITES, PROFILE, PROPOSALS, get OFFICE SPACE, and employ staffs that I can be able to pay their wages for above 1 Year. I need resources, supports, Funding and Grants to be able to meet theses needs. Poverty and unemployment are on the high side in Africa. VICRAW CAPSTONE NIGERIA LIMITED is here to give jobs and to reduce poverty drastically in Africa and globally too. MY CONTACTS: TEL: +2347062418795, +2349073950226,+2347084215450. E-MAIL: ADDRESS: Before Plot 456, Mike Akhigbe Way, Jabi, Abuja, Nigeria. I am FASHANU, Olusegun Godman Rawlings (NIGERIAN)
Hello Fashanu, You are free to write to any of the organizations that has been listed above. They are the entities who help businesses. We at Sundayadelajablog just make the information available to you. Click on the names of each organization and it will lead you to their sites where you can follow their instructions on how to get the help you need. Best of luck. Blessings!
I am Joseph D. Beltran, founder of Mission of Success for the Kids and Disabled. Founded June 12, 2010, we need help continue this organization going. We have 250 children, they Are out of school, they need feeding and medical attention. They were on streets begging people for food to eat every day and night.
Please write to the organizations, they will tell you how to secure the funds you need.
We are interested in starting a Fish Farming Business in Uganda .we already have the land.we need Capital, technical support and the ready market.
Write to any of the organizations listed above and they will let you know how to get the loan for your business.

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