Pepea
Overview
Pepea is an impact investment fund focusing on early-stage, impact-driven SMEs in East Africa. Established in 2023, Pepea is a €20 million fund managed by Goodwell Investments on behalf of Oxfam Novib. It targets early-stage businesses in Kenya, Uganda, and Ethiopia, particularly those struggling to secure financing from traditional banks and investment funds. The fund focuses on sectors such as sustainable agriculture, energy, clean mobility, logistics, and waste management, aiming to improve the quality and affordability of essential goods and services for lower-income communities. Pepea's investment strategy emphasizes supporting female entrepreneurs and promoting green, fair, and inclusive practices. The fund's first investment was in Gaea Foods Limited, a female-led potato-processing company in Nairobi, Kenya. This investment exemplifies Pepea's commitment to enhancing local value chains, increasing smallholder farmers' incomes, and empowering female stakeholders. By providing venture debt to Gaea, Pepea aims to enable the company to meet growing demand and expand its impact in the region.
Investment Focus
- Early-stage SMEs
- Impact-driven businesses
- Sectors: sustainable agriculture, energy, clean mobility, logistics, waste management
- Focus on female entrepreneurs
- Operations in Kenya, Uganda, or Ethiopia
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Pepea
What sectors does Pepea invest in?
Pepea invests in Energy, Agriculture, Logistics, Waste Management and Clean Mobility, and is based in Kenya. Pepea is listed as a fund of funds in the ConnectSafely investor database.
What stage does Pepea invest at?
Pepea backs companies at Seed and Early Stage.
Which regions does Pepea invest in?
Pepea invests across Kenya, Ethiopia and Uganda.
What companies has Pepea invested in?
Pepea's portfolio includes Gaea Foods Limited.
Last updated · Source: ConnectSafely investor database

