Asset Financing Startups in Africa

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Asset financing in Southern Africa is gaining traction, with Rent To Own Africa leading the charge. Business leaders see it as a viable alternative to traditional lending, enabling access to essential assets for growth. However, the market remains fragmented, and regulatory clarity is needed to unlock its full potential.

Cummulative Funding

$73M+

Total # of Companies

7

Total Deal Count

18

Total M&A Count

0

Total # of Investors

6

List of Asset Financing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.

Post-IPO Equity

$ 65,000,000

1994

2.

To provide productive assets to micro-entrepreneurs in rural Zambia.

Convertible Note

$ 2,242,950

2010

3.

Zazu is a money app that helps you store, use and learn about money. It’s free to join, easy to understand and makes managing money effortless.

Funding Round

$ 2,171,350

2015

4.

Kazang Solar is the sister company of Kazang.

Grant

$ 1,600,000

2007

5.

Rent to Own is an impact-focused for-profit venture based in Zambia.

Convertible Note

$ 1,275,000

2010

6.

DotCom Zambia is a company that is focused on building solutions for the Zambian market using ICT

Seed

$ 500,000

2009

7.

Musanga is making a better transportation future for the developing world

Seed

$ 266,000

2016

Founded

1994

Overview

Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.

Last round

Post-IPO Equity

Total raised

$ 65,000,000

Employee

5001-10000

Founded

2010

Overview

To provide productive assets to micro-entrepreneurs in rural Zambia.

Last round

Convertible Note

Total raised

$ 2,242,950

Employee

11-50

Zazu

Founded

2015

Overview

Zazu is a money app that helps you store, use and learn about money. It’s free to join, easy to understand and makes managing money effortless.

Last round

Funding Round

Total raised

$ 2,171,350

Employee

2-10

Founded

2007

Overview

Kazang Solar is the sister company of Kazang.

Last round

Grant

Total raised

$ 1,600,000

Employee

Founded

2010

Overview

Rent to Own is an impact-focused for-profit venture based in Zambia.

Last round

Convertible Note

Total raised

$ 1,275,000

Employee

11-50

Founded

2009

Overview

DotCom Zambia is a company that is focused on building solutions for the Zambian market using ICT

Last round

Seed

Total raised

$ 500,000

Employee

101-250

Musanga

Founded

2016

Overview

Musanga is making a better transportation future for the developing world

Last round

Seed

Total raised

$ 266,000

Employee

1-10

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