GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion
Investment Thesis
GSMA Innovation Fund: Empowering African startups through mobile internet adoption and digital inclusion. Backers of Ensibuuko, ScholarX, and Zonful Energy, they lead the charge in scaling tech solutions for impact.
Portfolio Preview
A sample from 5 verified portfolio companies.

Ensibuuko
Ensibuuko is serving the unbanked in Uganda by digitizing community-based savings and loans organisations and associations.

ScholarX
ScholarX is an EdFinTech company creating equitable access to quality education for students in Africa.

WidEnergy Africa
WidEnergy is a Zambian Energy startup which works with female sales agents to distribute renewable energy solutions across Zambia

Zonful Energy
Zonful Energy is a provider of turnkey off-grid PV systems on a Pay As You Go business model.

Africa 118
Africa 118 develops is an Ethiopian digital marketing platform designed to provide local information and digital marketing service.
GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion: quick facts
- Which startups has GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion invested in?
- GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion has backed at least 5 African startups, including Zonful Energy, ScholarX, Africa 118, WidEnergy Africa and Ensibuuko.
- Which sectors does GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion invest in?
- Its portfolio spans Solar, Financial Services, Energy, Renewable Energy, Social Entrepreneurship and Information Services.

