Country: Nigeria
Invested: January 2024

Lendha is a cutting-edge fintech company providing access to finance for MSMEs in Nigeria. Lendha’s financial operating system for offline businesses in Africa, provides a seamless collateral-free credit, a business account and a bookkeeping tool for expense management. We are excited to support their continued expansion into rural areas and their work with farmers and small agribusinesses.

Country: Uganda
Invested: November 2023

Patasente is a tech-enabled procurement, payments, and factoring platform that enables sellers and buyers to trade on favourable payment terms. Patasente works with actors across the Ugandan agriculture value chain, including farmers, aggregators, and processors. EAFF is delighted to be a part of its growth story enabling it to continue growing and scaling its impact.

Country: Senegal
Invested: December 2023

PROBOUTIK is an invoice lending management platform for informal micro-businesses and SMEs in francophone West Africa. It extends credit for its clients’ receivables, allows the micro-businesses to keep a record of all store credit extended, and facilitates transparency for all parties. EAFF is very excited to be a part of its growth story along other Africa-based investors. We are delighted to be supporting their work expanding into the horticulture value chain in Senegal, as well as facilitating a growth into rural areas.

Country: Kenya
Invested: November 2023

Sevi is an innovative B2B platform in the Buy Now Pay Later (BNPL) space, working with a range of SMEs to provide supply chain financing. Sevi enables MSME buyers and sellers to buy stock on credit quickly and conveniently. Their app helps businesses streamline their supply chain, simplify online transactions, and free up time, resources, and capital for other aspects of their operations. With about 30% of their current end customers in rural areas and a strong pipeline focused on enrolling rural/agri anchor partners, Sevi is a great example of the type of early-stage venture EAFF wants to invest in.

Country: Nigeria
Invested: April 2024

Vetsark is an agtech company that helps farmers and agribusinesses in Africa access finance, increase productivity, and improve their profitability. They unlock the potential of African agriculture by providing farmers and agribusinesses with the financing they need to grow their businesses, alongside supporting farmers to source inputs and sell their products at a fair price.