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Since 2015, British International Investment has backed 7 African startups across 6 disclosed funding rounds totaling $133.7M, most heavily in Kenya and Fintech.
British International Investment is the United Kingdom’s development finance institution and impact investor, wholly owned by the UK government. It is headquartered at 123 Victoria Street in London and has additional offices in India, South Africa and Singapore, reflecting its global remit. Established in 1948, the institution focuses on providing patient, flexible capital to support private sector growth in low and middle income countries. Within Africa, British International Investment invests across venture and growth stages, including Series B and other structured rounds. Based on the available data, it has participated in at least seven funding rounds between 2015 and 2025, with a total of approximately 133.7 million dollars committed. Its portfolio in Africa includes companies in fintech, telecom and connectivity, agri tech, e commerce and retail and banking. Notable African investments include TooMuchWifi in South Africa, AFEX in Nigeria, MaxAB in Egypt, Moniepoint in Nigeria and CRDB Bank in Tanzania. These investments illustrate a clear focus on technology enabled financial services, digital infrastructure and inclusive commerce in markets such as Nigeria, South Africa, Egypt and Tanzania. By backing businesses that expand access to connectivity, financial services and agricultural markets, British International Investment aims to support private sector innovation that contributes to economic development and job creation across the continent.
Data updated · Sep 13, 2026
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British International Investment has backed 7 African startups across 6 disclosed funding rounds tracked on Liners, totaling $133.7M since 2015.
Mostly Venture (Round not Specified): 3 of its 6 tracked rounds are at that stage, followed by Series B (2).
Its tracked rounds lean toward Fintech (6), Banking (2), Energy & Utilities (1), and 2 more sectors.
British International Investment most often shares rounds with Standard Bank Group (3 shared deals), Nithio (3 shared deals), Mirova (2 shared deals).
British International Investment is the United Kingdom’s development finance institution and impact investor, backed by the UK government. It provides patient and flexible capital to private sector businesses in low and middle income countries, with a mandate to support sustainable economic development.
Confirmed African portfolio companies include TooMuchWifi, AFEX, MaxAB, Moniepoint and CRDB Bank. Across seven funding rounds between 2015 and 2025, British International Investment has deployed around 133.7 million dollars into these businesses in Nigeria, South Africa, Egypt and Tanzania.
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