The MEA Innovation Fund
The MEA Innovation Fund makes investments in growth-stage ventures across HealthTech, Agritech, Edtech and more in the Middle-East and Africa. It is focused on solving the Middle-East and Africa’s most critical sustainability challenges and needs by funding and supporting innovation and technology-based companies that are part of the solution.
In 2019, Ignite Investments' Angaza team was awarded a mandate by the African Development Bank (AFDB)* and the country of Rwanda to invest in and support the innovation economy and venture capital activity in the region. Financed and supported by the African Development Bank, the Rwanda MEA Innovation Fund (RIF)'s objective is to deploy smart capital in Africa and cross-borders. RIF invests together with private investors to back amazing entrepreneurs looking to grow their innovative solutions on an international scale. Angaza team, through the MEA and Rwanda Innovation Funds, works hands-on with amazing tech leaders, accompanying them from early stages, and presenting them with guidance, connections, strategy, operational support, cross-border growth opportunities, and smart capital.
We believe in combining the power of innovation and entrepreneurship, smart capital, national support and international collaboration to invest in a better future and create sustainable innovation hubs all around the world.
The team is made of global investors and entrepreneurs that have launched, led, grown, pivoted, and exited companies - sometimes with stellar success, sometimes with incredible difficulties and hardships, always with vision, focus on execution, and resilience in the face of an ever-changing environment.
Our Investment Approach
We invest in growth-stage sustainable ventures, using innovation to address vast unmet needs of the African market
Technologies and innovative business models have only recently become commercially available to the masses, ready to leapfrog old infrastructures and bridge endless gaps.
We scale the most promising, affordable, inclusive, environmental and sustainable solutions.
What Are We Looking For?
If your company meets these criteria, please use the following link to provide us with all needed information. All information provided by you is confidential and available to Angaza Capital team members only:
Environmental and Social Management System
Angaza, the manager for the Rwanda Innovation Fund (RIF), is committed to the highest standards of environmental, social and governance in all our investments and activities, current and future. We are committed to acting according to our Environmental and Social Management Systems and improve them from their current uncompromising state as knowledge and best practices are further accumulated. Our goal is to invest in high-growth tech businesses that have a positive impact on people, communities, the environment, and our planet. We will screen all transactions, and make sure they provide the highest reward on all social and environmental aspects.
Our CEO commits to hold everyone in our firm and value chain accountable, including each investee company for adhering with our Code of Conduct, our Values, and Environmental & Social Policy.
For further information on our ESMS and policies, please reach out at: