About GrowthAfrica
GrowthAfrica is a company based in Nairobi (Kenya) founded in 2002 by Patricia Jumi and Johnni Kjelsgaard.. GrowthAfrica offers products and services including Acceleration Programs and Advisory Services.
- Headquarter Nairobi, Kenya
- Founders Patricia Jumi, Johnni Kjelsgaard
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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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Social
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- Legal Name Growthafrica (Foundation)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of GrowthAfrica
GrowthAfrica offers a comprehensive portfolio of products and services, including Acceleration Programs and Advisory Services. 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.
Programs are provided to accelerate ventures into investable businesses, focusing on leadership and growth potential
Services are delivered for the design and implementation of entrepreneur programs supported by donors
Funding Insights of GrowthAfrica
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Grant - GrowthAfrica | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - GrowthAfrica | Valuation |
investors |
| 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 |
Investors in GrowthAfrica
GrowthAfrica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrowthAfrica
| 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 |
Financial Statements - GrowthAfrica
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Growthafrica Comparisons
Competitors of GrowthAfrica
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 GrowthAfrica
When was GrowthAfrica founded?
GrowthAfrica was founded in 2002 and raised its 1st funding round 19 years after it was founded.
Where is GrowthAfrica located?
GrowthAfrica is headquartered in Nairobi, Kenya.
Who is the current CEO of GrowthAfrica?
Johnni Kjelsgaard is the current CEO of GrowthAfrica. They have also founded this company.
What does GrowthAfrica do?
GrowthAfrica was established in 2002 and is headquartered in Nairobi, Kenya. Startups operating in sectors including FinTech, agriculture, healthcare, and energy are selected for its acceleration initiatives. A six-month program is provided, with four such programs conducted across various African locations. By December 2017, more than 152 startups had been supported through these efforts.
What products or services does GrowthAfrica offer?
GrowthAfrica offers Acceleration Programs and Advisory Services.
Who are GrowthAfrica's investors?
GrowthAfrica has 1 investor. Key investors include European Union.