About Ascent Africa
Ascent Africa is a company based in Ebène, Mauritius. It operates as a Brokerage / Intermediation. Ascent Africa has completed 2 acquisitions, including Auto Springs and Diani Beach Hospital. Ascent Africa offers products and services including Entrepreneurial Investment.
- Headquarter Ebène, Mauritius
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Sectors
Financial Services
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Auto Springs
& 1 more
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Products & Services of Ascent Africa
Ascent Africa offers a comprehensive portfolio of products and services, including Entrepreneurial Investment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Investments are made in ambitious East African entrepreneurs.
Funding Insights of Ascent Africa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Ascent Africa
Ascent Africa has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Auto Springs and Diani Beach Hospital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multispeciality hospital services are delivered in Mombasa, Kenya.
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1997 | ||||
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Auto parts and commercial vehicle accessories are manufactured.
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ascent Africa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ascent Africa Comparisons
Competitors of Ascent Africa
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ascent Africa
What does Ascent Africa do?
Investments are focused on nurturing enterprise champions in East Africa, specifically in Ethiopia, Kenya, Uganda, Tanzania, and Rwanda. Support is provided to ambitious entrepreneurs with proven track records to build best-in-class enterprises. A hands-on approach is adopted, involving frequent interaction, strategic guidance, and leveraging networks to foster growth. The sector of operation includes venture capital and entrepreneurial development, with solutions aimed at scalability and regional expansion. Challenges and opportunities in the East African entrepreneurial environment are addressed through tailored strategies and partnerships.
What products or services does Ascent Africa offer?
Ascent Africa offers Entrepreneurial Investment.
How many acquisitions has Ascent Africa made?
Ascent Africa has made 2 acquisitions, including Auto Springs, and Diani Beach Hospital.
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