Fanisi Venture Capital Fund S.C.A., SICAV-SIF is a US50M fund which makes direct investments (private equity and venture capital) in businesses with potential for substantial growth. Fanisi Capital was founded in 2009 by the Norwegian Investment Fund for Developing Countries (Norfund) and Amani Capital Limited.
The Fund focuses on a segment of the market that has to date been outside the ambit of most venture capital funds in the East African market (Kenya, Tanzania, Rwanda and Uganda).
Fanisi makes direct investments in high growth businesses across diverse industry sectors with emphasis on:
Energy & Natural Resources Services
Retail & Consumer
They focus principally on companies that are post revenue with profits or clear path towards profits.