GJO & Partners

Funding and investors in Tanzania: market analysis

Who invests in Tanzania, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.

12

deals recorded

2

over 12 months

15 M$

median disclosed ticket

23

identified investors

Key findings

  • 12 funding deals recorded (Tanzania) since 2009, involving 11 companies and 23 identified investors. 2 of them over the last 12 months (4 the previous year).
  • Median disclosed ticket: 15 M$; half of the deals fall between 8.1 M$ and 47.5 M$ (10 amounts disclosed out of 12, 629.3 M$ in total).
  • Where the money goes: Fintech (33 %), Energy (25 %), Agribusiness (17 %).
  • Most frequent stage: Growth (25 %); most used instrument: Equity (50 %).
  • Most active investors: IFC (International Finance Corporation) (2), 4Di Capital (1), Acrew Capital (1).
  • 33 % of deals are syndicated (at least two investors around the table).

Sectors

  • Fintech4
  • Energy3
  • Agribusiness2
  • Retail & distribution1
  • Financial services1

Industries

  • Power generation (utility-scale)2
  • Agritech1
  • Banking1
  • Consumer goods (FMCG)1
  • Digital lending and scoring1

Stages

  • Growth3
  • Debt2
  • Pre-Seed2
  • Series A2
  • Series C+1

Instruments

  • Equity6
  • Senior debt4

Deals per year

YearDealsDisclosed amounts
20221420 M$
2023168.3 M$
2024355 M$
2025426 M$
2026150 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
NalaCrypto and blockchain · Tanzania · DebtMay 202650 M$Liquidity Groupsource
Kijenge Animal ProductsLivestock and animal production · Tanzania · DebtDec 202515 M$TLG Capitalsource
KuundaDigital lending and scoring · Tanzania · Series AOct 20257.5 M$Seedstars Africa Venturessource
MazaoHubAgritech · Tanzania · Pre-SeedSept 20252 M$Catalyst Fundsource
Sumet TechnologiesConsumer goods (FMCG) · Tanzania · Pre-SeedMar 20251.5 M$undisclosedsource
TunzaaPayments and mobile money · TanzaniaDec 2024undisclosedWarioba Venturessource
NalaMoney transfer and remittances · Tanzania · Series AJul 202440 M$Acrew Capitalsource
Rift Valley EnergyPower generation (utility-scale) · TanzaniaJun 202415 M$British International Investmentsource
CRDB Bank PlcBanking · Tanzania · GrowthOct 202368.3 M$IFC (International Finance Corporation)source
AXIAN TelecomTelecom operators and ISPs · Tanzania · GrowthFeb 2022420 M$IFC (International Finance Corporation)source
ZOLA ElectricOff-grid solar and solar kits · Tanzania · Series C+Aug 201610 M$Helios Investment Partnerssource
Globeleq AfricaPower generation (utility-scale) · Tanzania · GrowthJan 2009undisclosedActissource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.