---
title: "Global Innovation Fund"
description: "Global Innovation Fund (GIF) is a non profit, impact first investment fund that backs evidence based social innovations designed to improve the lives of people living on low incomes in developing countries. It is headquartered in London with additional offices in Washington, D.C., Nairobi and Singapore, and operates as an independent impact investor and UK charity. GIF invests through grants, loans including convertible debt, and equity, with ticket sizes typically ranging from tens of thousands to up to 15 million US dollars. In Africa, GIF has been active across early stages including seed, convertible notes and Series B, reflecting a flexible approach that matches capital to the maturity of each innovation. According to available investment data, GIF has participated in six funding rounds between 2016 and 2026, with a total of 17.1 million US dollars deployed across companies in South Africa, Kenya, Nigeria and Uganda. Within Africa, GIF’s portfolio spans health technology, telecom and connectivity, fintech, travel and mobility, and energy and utilities. Backed companies include AI Diagnostics in South Africa, which provides offline AI lung sound screening for pulmonary TB, fibertime, which offers uncapped township fiber internet in South Africa, Paga in Nigeria, a wallet product for NGN and USD transactions, PayGo Energy in Kenya, which delivers pay as you go LPG metering and cylinder fleet visibility, and SafeBoda, which offers ride booking and insured deliveries. These investments illustrate GIF’s focus on scalable technology enabled models that can reach large numbers of low income customers across multiple African markets."
canonical_url: "https://liners.com/investors/global-innovation-fund"
markdown_url: "https://liners.com/investors/global-innovation-fund.md"
type: "investor"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/investors/global-innovation-fund/favicon.png?v=1785330047294"
updated_at: "2026-08-23T03:00:39.232Z"
---

# Global Innovation Fund

Global Innovation Fund (GIF) is a non profit, impact first investment fund that backs evidence based social innovations designed to improve the lives of people living on low incomes in developing countries. It is headquartered in London with additional offices in Washington, D.C., Nairobi and Singapore, and operates as an independent impact investor and UK charity. GIF invests through grants, loans including convertible debt, and equity, with ticket sizes typically ranging from tens of thousands to up to 15 million US dollars. In Africa, GIF has been active across early stages including seed, convertible notes and Series B, reflecting a flexible approach that matches capital to the maturity of each innovation. According to available investment data, GIF has participated in six funding rounds between 2016 and 2026, with a total of 17.1 million US dollars deployed across companies in South Africa, Kenya, Nigeria and Uganda. Within Africa, GIF’s portfolio spans health technology, telecom and connectivity, fintech, travel and mobility, and energy and utilities. Backed companies include AI Diagnostics in South Africa, which provides offline AI lung sound screening for pulmonary TB, fibertime, which offers uncapped township fiber internet in South Africa, Paga in Nigeria, a wallet product for NGN and USD transactions, PayGo Energy in Kenya, which delivers pay as you go LPG metering and cylinder fleet visibility, and SafeBoda, which offers ride booking and insured deliveries. These investments illustrate GIF’s focus on scalable technology enabled models that can reach large numbers of low income customers across multiple African markets.

## Breadcrumbs

- [Investors](/investors)
- [Global Innovation Fund](/investors/global-innovation-fund)

## Summary

Global Innovation Fund (GIF) is a non profit, impact first investment fund that backs evidence based social innovations designed to improve the lives of people living on low incomes in developing countries. It is headquartered in London with additional offices in Washington, D.C., Nairobi and Singapore, and operates as an independent impact investor and UK charity. GIF invests through grants, loans including convertible debt, and equity, with ticket sizes typically ranging from tens of thousands to up to 15 million US dollars. In Africa, GIF has been active across early stages including seed, convertible notes and Series B, reflecting a flexible approach that matches capital to the maturity of each innovation. According to available investment data, GIF has participated in six funding rounds between 2016 and 2026, with a total of 17.1 million US dollars deployed across companies in South Africa, Kenya, Nigeria and Uganda. Within Africa, GIF’s portfolio spans health technology, telecom and connectivity, fintech, travel and mobility, and energy and utilities. Backed companies include AI Diagnostics in South Africa, which provides offline AI lung sound screening for pulmonary TB, fibertime, which offers uncapped township fiber internet in South Africa, Paga in Nigeria, a wallet product for NGN and USD transactions, PayGo Energy in Kenya, which delivers pay as you go LPG metering and cylinder fleet visibility, and SafeBoda, which offers ride booking and insured deliveries. These investments illustrate GIF’s focus on scalable technology enabled models that can reach large numbers of low income customers across multiple African markets.

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## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| AI Diagnostics | /ai-diagnostics | Seed | 5200000 | 2026-04-01T00:00:00.000Z |
| 4G Capital | /4g-capital | Debt Financing | 2000000 | 2026-02-01T00:00:00.000Z |
| fibertime | /fibertime | Other | 460000 | 2021-12-01T00:00:00.000Z |
| Paga | /paga | Series B | 10000000 | 2018-09-01T00:00:00.000Z |
| PayGo Energy | /paygo-energy | Seed | 1400000 | 2017-04-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

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