An early-stage investment firm for Africa
Our vision is to change the way the world engages Africa—from a place of giving to one of investing. Renew Capital invests capital into African opportunity while partnering with the public and private sector to build startup ecosystems that help startups thrive.
OUR APPROACH
Mobilizing capital and supporting African entrepreneurs
Investing in Africa requires working both in and on the startup ecosystem. Our approach is anchored in three core pillars: a strong ground game supporting entrepreneurs across Africa, working with partners to activate and strengthen effective startup ecosystems and a strong network of investment capital.
A critical gap in Africa’s capital markets
Only 1% of global venture capital currently flows to Africa. This gap in funding for African startups—the “missing middle”—disproportionately impacts early-stage companies that are too big for microfinance and too small for institutional investors.
OUR PHILOSOPHY
We believe Africa’s private sector is the future
We believe economic growth solves many of the challenges people in developing countries face and should be where we focus.
We believe businesses are engines of development. Dollar-for-dollar, investing will create a greater sustainable impact than charity.
We believe many African businesses can be attractive investments. If investors have a clear path to invest in them, they will.
We believe it is time for the world to change its development strategy and begin investing in Africa.
We believe you should do well by doing good. Working together, investors and entrepreneurs will ignite change.
OUR MODEL
An investment model to grow African businesses
At Renew Capital, we deploy the right capital at the right time to help Africa’s top startups scale. Our multi-tiered investment model, global partnerships and local presence in 13 countries give us unique access to deal flow and enable us to work closely with founders to build lasting companies.
OUR TEAM
An investment firm committed to Africa's success
Renew Capital’s professional team of more than 50 staff across 13 African countries is driven to discover Africa’s most promising early-stage startups.
our story
2022
Renew Capital: 10 Years Invested
RENEW begins doing business as Renew Capital and the Impact Angel Network becomes Renew Capital Angels. Renew Capital celebrates 10 years in Ethiopia and announces plans for a rapid expansion across the region.
