• Award comes after DOB’s remarkable growth of regional impact portfolio
  • Recognized for truly hands on approach and strategic support to transformative companies across the East African region
  • DOB also received small cap deal award for early investment in Twiga Foods

DOB Equity, a Dutch family-backed impact investor in East Africa, was recognized as one of the leading impact investment firms for East Africa. The award that was given at the occasion of the 5th anniversary of the East Africa Venture Capital Association came at the time that DOB equity just closed a number of investments in the agricultural sector. In early 2016, DOB invested in Twiga Foods, for which it also received the Small Cap Deal Award during EAVCA’s ceremonial gala event.

DOB Equity started investing in the region in 2010, and opened offices in Dar es Salaam and Nairobi in 2015, next to its office in the Netherlands. Ever since, the firm has quadrupled its exposure in the region, with investments in the energy, agriculture, education, retail and distribution sectors.

The awards were received by DOBs Investment Director, Saskia van der Mast, a seasoned investor in the East African region who has been with DOB for over 15 years and who was recently promoted.

Saskia van der Mast, Investment Director: “These awards are a recognition for all the people we work with, the founders and management teams of our portfolio companies and all advisors who supported DOB Equity’s growth in the region. DOBs mission is to provide opportunity to the less advantaged and this award recognizes that we are on the right track”.

Brigit van Dijk – van de Reijt, CEO of DOB Equity, says: “DOB Equity has followed a remarkable growth path over the last years. Adhering to DOBs social impact mission we have been able to team up with ambitious entrepreneurs from all over the region, with DOB now having investments in all 5 countries. These awards are very encouraging. We congratulate all other impact investors with their remarkable achievements and look forward to working together in the future.”

“The East Africa Private Equity and Venture Capital Association (EAVCA) has played an important role in building and enabling an investment climate in the region. We are proud to be a member of EAVCA and encourage them to continue their good work.”

Esther Ndeti: “We congratulate DOB Equity on winning the two awards. DOB is substantially contributing in setting the scene for impact investing in East Africa and has been instrumental in helping EAVCA play an advocate role for PE and VC, not only in Kenya but in the wider East African region. DOB Equity for instance, has been one of our anchors and co-host in setting the scene for PE and VC in Tanzania, for which we are very grateful.”

ENDS

About DOB Equity

DOB Equity is a Dutch, family-backed impact investment firm that invests in impactful and innovative businesses in East Africa, with offices in Nairobi, Dar es Salaam and in the Netherlands. DOB Equity invests equity and offers tailored financing, access to international networks and technical assistance to meet the needs of the business. With a portfolio of fast-growing companies in the East African energy, agriculture, education, retail and distribution sectors, DOB Equity is determined to further expand its presence and impact in the region.

Press enquiries

Anne-Marie van Kleef

DOB Equity

info@dobequity.nl

Tel: +31 (0)57 863 111