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Africa50

Tour Ivoire 3 - 8ème étage, Marina de Casablanca, Boulevard des Almohades, Casablanca, 20000, Morocco

Overview

Africa50 is an infrastructure investment platform that develops and invests in bankable projects and mobilizing private sector funding.

Total investments
3
Lead investments
3
Investments · 12mo
0
Active investors
1

Sector focus

  • Consulting
  • Financial Services
  • Impact Investing
  • Infrastructure
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Investment portfolio

  • Africa Healthcare Network

    Led · Equity · Nov 2023

    AHN operates a network of dialysis centers offering renal care and related clinical services across the continent. The company currently runs about 45 clinics and reported growth from 17 centers at the end of 2021 to nearly 50 centers and over 500 team members by year-end 2023. AHN plans rapid geographic expansion into underserved regions with an stated ambition to reach 100+ centers by 2025. The company intends to enhance its technological capabilities for early identification and management of kidney disease and to invest in workforce training and development. AHN emphasizes adherence to high ethical and ESG standards and aims to be a role model for sustainable, impact-driven healthcare as it scales. Africa Healthcare Network (AHN) operates kidney care and dialysis units in government, private and faith-based hospitals as well as stand-alone centers across Rwanda, Kenya and Tanzania. The company is based in Port Louis, Mauritius and currently runs eight centers across Rwanda and Tanzania, with 15 centers expected by year-end 2019. AHN holds public–private partnerships with the Government of Rwanda, an MOU with the Government of Tanzania, and strategic partnerships with major hospital systems in East Africa. The management team brings a combined ~100 years of operational and clinical experience. AHN plans to use the Series A proceeds to continue growing in Tanzania following its entry into Kenya and to expand into West and Southern Africa over the next two years. In addition to the equity financing, the company will raise additional debt to fund its expansion plans.

  • PAIX

    Led · Series B · Feb 2022

    PAIX Data Centres owns and operates a pan-African carrier-neutral data center platform offering colocation and interconnection services with high-speed fiber connectivity. The company operates two data centers today, in Accra, Ghana, and Nairobi, Kenya. Since its creation in 2016 PAIX has built a reputation for centrally located, operationally efficient facilities and multinational teams. Its service offering targets cloud providers, telcos and enterprises seeking neutral interconnection hubs and continuous connectivity. With the new institutional equity financing from Africa50, PAIX plans to expand data center capacity and pursue growth in additional African markets. The financing is positioned to support the company’s pan‑African expansion while maintaining high security and service availability for local and international customers.

  • Poa Internet

    Led · Series C · Jan 2022

    Poa Internet builds and operates low-cost, high-speed broadband networks aimed at underserved and low-income areas in Kenya. The company partners with Nokia for fibre technology, which provides the backbone for its broadband expansion. Poa has been recognized for an innovative approach to bringing reliable connectivity where it has traditionally been lacking. With new financing from Finnfund, Poa plans to scale its operations and extend its affordable internet service to more Kenyan communities. The company emphasizes digital inclusion to enable access to education, healthcare, financial services, and economic opportunities. Management says the expansion will deepen Poa’s impact and help bridge the digital divide for millions of Kenyans. Poa Internet is a Kenyan ISP that builds fiber and street Wi‑Fi networks serving low- and middle-income neighborhoods and public areas. The company offers unlimited-data monthly plans at about $13 — roughly half the local market rate — and public hotspots charging ~$0.18 for 1 GB. Its service is designed for video-capable speeds (around 4 Mbps) to enable streaming and video calls while keeping per-user prices low. Poa currently serves more than 12,000 homes and small businesses in Nairobi and tens of thousands more users via street Wi‑Fi connections. It targets markets that larger providers often skip and positions itself on affordability and limitless data to deliver a “meaningful internet experience.” The company plans to expand its reach across Kenya first and then progressively into other African countries using the new capital.

Team

  • Anas Charafi

    Senior Investment Director

    LinkedIn