# Growth investors in Kenya (2026 list) > 13 growth investors in Kenya, 85% active in the last 12 months. Led by International Finance Corporation, British International Investment, Mirova. Source: https://millionrounds.com/lists/growth-investors-in-kenya (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Growth investors in Kenya Updated 7 November 2026 Firms we have watched take part in a growth round raised by a company in Kenya in the last two years, wherever the firm is based. [See all 13 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-investors-in-kenya)The top 13 **13** investors on the list No change this week **96** cheques in 12 months *-7%* against the market **$33M** median round they joined *+316%* against the market median **85%** wrote a cheque in 12 months **69%** have led a round ## The Top 13 Ordered by cheques observed, never by anything anyone paid for Deploying now (11) - 1 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen - 2 [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) *Deploying now* Government · United Kingdom **84** **$20M** median round **Nov 2026** last seen - 3 [Mirova](https://millionrounds.com/fund/mirova) *Deploying now* Private equity · France **43** **$24M** median round **Sept 2026** last seen - 4 [PROPARCO](https://millionrounds.com/fund/proparco) *Deploying now* Government · France **18** **$20M** median round **Nov 2026** last seen - 5 [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) *Deploying now* VC firm · United Kingdom **10** **$24M** median round **Sept 2026** last seen - 6 [Norrsken22](https://millionrounds.com/fund/norrsken22) *Deploying now* Private equity · United States **6** **$8.9M** median round **Sept 2026** last seen - 7 [Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/fund-for-export-development-in-africa-feda) *Deploying now* Corporate VC · Rwanda **3** **$215M** median round **Jun 2026** last seen - 8 [Talanton](https://millionrounds.com/fund/talanton-2) *Deploying now* VC firm · United States **1** **$33M** median round **Sept 2026** last seen - 9 [Afreximbank's Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/afreximbank-s-fund-for-export-development-in-africa-feda) quiet Growth equity **1** **$100M** median round **Oct 2025** last seen - 10 [BII's Kinetic programme](https://millionrounds.com/fund/bii-s-kinetic-programme) *Deploying now* Growth equity **1** **$33M** median round **Sept 2026** last seen - 11 [GIF Growth (Global Innovation Fund)](https://millionrounds.com/fund/gif-growth-global-innovation-fund) *Deploying now* Growth equity **1** **$2M** median round **Mar 2026** last seen - 12 [Musashi Seimitsu](https://millionrounds.com/fund/musashi-seimitsu) *Deploying now* Growth equity **1** **$33M** median round **Sept 2026** last seen - 13 [The Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/the-fund-for-export-development-in-africa-feda) quiet Growth equity **1** **$100M** median round **Oct 2025** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Banesco Banco Múltiple](https://millionrounds.com/company/banesco-banco-multiple)** Debt · $25M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco) - **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *With* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) - **2** Nov **[Okra Solar](https://millionrounds.com/company/okra-solar)** Debt · $7M *Led by* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) - **28** Oct **[SOGUIPAL](https://millionrounds.com/company/soguipal)** Debt · $5.6M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco) - **23** Oct **[AXIAN Group](https://millionrounds.com/company/axian-group)** Debt · $62M *With* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) - **20** Oct **[Alice](https://millionrounds.com/company/alice)** Series D+ · $40M *Led by* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) ## Stages This Year 83 rounds - Debt **31%** - Growth **18%** - Other **12%** - Series A **11%** - Venture **8%** - Other **19%** ## What They Backed Sectors, last 12 months - Fintech **15** - Financial Services **11** - Energy **11** - Climate Tech **9** - Automotive & EVs **9** - AI **8** ## Cheques by Quarter Led Joined 18 Q1 25 26 Q2 25 28 Q3 25 43 Q4 25 36 Q1 26 15 Q2 26 22 Q3 26 8 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states) - [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states) - [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states) - [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states) - [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states) - [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom) - [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states) - [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states) - [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at Series B and scaling - Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible - One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible - The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible - Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about growth investors in Kenya ### Who are the most active growth investors in Kenya? By cheques observed, the most active are International Finance Corporation, British International Investment, Mirova, PROPARCO and Novastar Ventures. ### How many growth investors in Kenya are there? 13 are on record. 85% made an investment in the last 12 months and 69% have led a round. ### Which stages do growth investors in Kenya back? Of the rounds with a named stage in the last 12 months, mostly Debt (41%) and Growth (24%). ### How big are the rounds growth investors in Kenya join? The typical (median) round among the leading investors here is $33M. ### Which sectors do growth investors in Kenya back most? In the last 12 months, mostly Fintech, Financial Services and Energy. ### Which growth investors in Kenya lead the most rounds? International Finance Corporation (12 led), PROPARCO (4 led) and Novastar Ventures (4 led). ### Where are growth investors in Kenya based? Among the most active, most are based in the United States (3), the United Kingdom (2) and France (2). ### What have growth investors in Kenya invested in recently? Recent rounds include Banesco Banco Múltiple (Debt, Nov 2026, with PROPARCO), Enza (Seed, Nov 2026, with British International Investment) and Okra Solar (Debt, Nov 2026, with British International Investment). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)