Celebrating Women's Month with the Launch of Women's Network and New Investments
Wazi Receives an Investment from Renew Capital Angels
The Renew Capital Angels have invested in Wazi Vision, a Ugandan startup founded by two women with a vision to change the eyewear industry in Africa.
Why it matters: Wazi glasses are made by a skilled African team to ensure fashionable and comfortable frames. Wazi also allows customers to design frames that capture their individual personality and choice of material including acetate and sustainable eco materials like cow horn, bamboo and denim.
Renew Capital has Launched እሷ! (Isua)
እሷ! (Isua) – a network of Ethiopian women in business.
Why it matters: The network provides women business owners and executives with peer-to-peer mentorship, curated business growth resources, collaborative opportunities to develop business partnerships and more. The initiative is part of Renew Capital’s ongoing collaboration with Global Affairs Canada to empower women entrepreneurs in Ethiopia and improve the private sector ecosystem.
Renew Capital Angels Invest in Kenyan Smartphone Recommerce Startup, Badili
Badili aims to provide a credible platform for buying and selling pre-owned smartphones in Kenya.
Why it matters: Badili's founders Rishabh Lawania and Keshu Dubey saw a need for the platform after a colleague was arrested for buying a stolen phone. Badili is on a mission to put a smartphone in the hands of every African through its recommerce platform.
BuuPass: Enhancing Mobility Across East Africa
From buses to flights, Buupass takes East Africa's mobility to new heights!
The big picture: BuuPass today has a fleet of over 1,200 vehicles and works with 29 active bus companies. Founders Sonia Kabra and Wyclife Omondi discuss the BuuPass experience and their goals for changing how Africans make travel reservations in this lightning-fast.
Renew Capital Celebrates Women's Day with a Decade of Empowerment
In honor of International Women's Day, Renew Capital celebrated a decade of investing in women and driving gender equity.
Why it matters: While women entrepreneurs hold the key to unlocking the potential of African SMEs, data shows that women-led businesses in Africa are severely underfunded.
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Inputi: Empowering Farmers with Tech
Inputi, a digital marketplace for the agriculture sector using technology to boost agricultural productivity.
Why it matters: Inputi is revolutionizing agriculture in Africa with AI-powered crop monitoring and mobile-based training. Discover how Inputi is transforming the way farmers grow and sell their crops.
Standing on the Shoulders of Giants
Love, G.R.I.T. and Ikigai: Calvin Chitangala’s Journey to Renew Capital in Zambia.
The big picture: Calvin shares how his path to Renew Capital was shaped by the powerful influence of the women in his life, and the essential qualities of GRIT: Guts, Resiliency, Intensity, Tenacity, and Teamwork.
NINJA Program Creating Champions for the Startup Ecosystem of Ethiopia
Renew Capital is happy to announce that we will be implementing the Next Innovation with Japan (NINJA) Acceleration Program in collaboration with the Ministry of Innovation And Technology- Ethiopia and the Japan International Cooperation Agency (JICA).
Why it matters: The kickoff conference will serve as a platform from which the finalists and their products are widely publicized to local and international stakeholders, such as enabling bodies, entrepreneurial support organizations, capital providers and potential customers.
Five Facts about Accelerating Regional Business Growth
Renew Capital and Global Affairs Canada’s (GAC) Accelerating Regional Business Growth (ARBG) initiative is committed to promoting regional impact, supporting intra-African trade, empowering women-led businesses, expanding the company's presence on the continent, and training thousands of SMEs to foster economic growth in Africa.
The big picture: ARBG seeks to benefit thousands of East African SMEs through training and mobilized capital.
Renew Capital manages the Renew Capital Angels, a global community of for-purpose investors who seek financial returns and sustainable social impact by making investments into growth-oriented small and medium enterprises in Africa. Together, with our partners, we aim to build and strengthen the private sector in the countries where we work. We invite you to join us.