OPEN deploys investment into women-led businesses in Africa, filling a gap in the entrepreneurial and financial ecosystem for female founders in the energy sector across Africa.
We will invest up to $100,000 as an equity investment alongside a comprehensive package of support tailored to the needs of the investee company via OPEN+. OPEN+ is utilises the expertise and network of the CSI group, backed by +25 years of experience within the energy sector across Africa.
We are looking for:
- Your company is generating consistent revenues over 12 months from an established customer base – at least USD 25,000 and have at least 3 employees.
- Business is in the Energy sector or fits in the energy value chain.
- Your service or product can be scaled or replicated.
- Your company is up and running with all administrative documents up to date.
- Your company is a registered limited company with well-kept records of accounts, permits & licenses allowing you to operate.
- You have a team with complimentary skills in place.
- You have a positive impact on the economy, the environment, and the society.
- Women must be meaningfully represented throughout the company, we want to see women in leadership positions, on the board and represented throughout the organisation and supply chain.
- Businesses must be located and operating in Africa. Although we have a preference for companies located in the geographies that we operate in including Tanzania, Ghana, Kenya, Ethiopia, Madagascar, Burundi, Uganda, Zambia, Mauritius and Rwanda, if the business fits our criteria and is located in other African country we would be happy to hear from them.
Source: https://www.csi.energy/open/