- Portfolio companies
- 3
- Latest deal Apr 2025
Investment thesis
IFU: Catalyst for Impact in Africa's Clean Energy Journey With a knack for Series B deals and a portfolio boasting Daystar Power, IFU stands out in African investment. Its focus on driving impact in clean energy sets it apart, fueling Africa's transition towards a sustainable future.
From IFU's own description
Stated focus sectors
Stated investment stages
- Funding Round
- Series B
- Venture
Portfolio preview3 of 3
| Company |
|---|
MYDAWA Wellness · Kenya |
Sturdee Energy Renewable Energy · South Africa |
Daystar Power Energy · Nigeria |
Frequently asked about IFU
- Which startups has IFU invested in?
- IFU has backed at least 3 African startups, including MYDAWA, Sturdee Energy and Daystar Power.
- What stages does IFU invest in?
- IFU invests at the Series B stage.
- Which sectors does IFU invest in?
- Its portfolio spans Energy, Renewable Energy, Off-Grid Energy, Solar Energy and Wellness.
IFU portfolio3 companies · newest round first
Showing 3 of 3 portfolio companies. Round and amount are the round IFU joined.
| Company |
|---|
MYDAWA Wellness · Kenya |
Sturdee Energy Renewable Energy · South Africa |
Daystar Power Energy · Nigeria |
Frequent co-investors
Who invests alongside IFU? Pro shows frequent co-investors, how many rounds they shared, and the deals behind each connection.
Only investors in the same funding round count as co-investors. Shared portfolio companies alone do not establish a joint investment.
IFU in the news5 stories
Independent · 6/8/2022
European Union, IFU becomes new aBi Finance shareholders - IndependentUganda · 6/2/2022
aBi Finance Secures Additional Funding from IFU & EU - UgandaAfrican Review · 4/28/2022
IFU and Norfund invest in CBI - African ReviewAFRIK 21 · 4/28/2022
AFRICA: IFU invests €4.5 million in Spark+ fund for green cooking - AFRIK 21Africa Global Funds · 4/19/2022
IFU and Norfund invest $27.9m in CBI Ghana - Africa Global Funds


