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About Us

Ascent Africa

Investing in Growth, Empowering SMEs in East Africa

We invest in ambitious and experienced entrepreneurs

Ascent is a private equity firm dedicated to building a league of enterprise champions across Ethiopia, Kenya, Uganda, and the greater East African region. With USD 207m in funds raised and 17 investments across diverse sectors, we are more than investors—we are relentless partners. Our approach is deeply engaged and personal, working shoulder-to-shoulder with portfolio companies to optimize operations, drive growth, and maximize returns. Through our four regional offices and team of 17 diverse professionals, we are committed to setting the region’s highest business standards and creating a legacy of transformative success.
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years of combined experince in Africa

$ 0 M

Funds Raised Across Two Funds

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Portfolio companies across 2 funds

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Diverse professionals

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representative offices in Ethiopia, Kenya, Uganda, Mauritius

To build a league of enterprise champions

Our mission is to build a league of enterprise champions across Ethiopia, Kenya, Uganda, and the wider Eastern African region, fostering innovation, leadership, and sustainable growth. We envision nurturing and empowering these champions to set the benchmark for business excellence and integrity, driving economic transformation and raising business standards throughout the region. 

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We Are Partners

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Relentless Pursuit

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League of Champions

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Maximize Returns

Brand Mantra

We provide entrepreneurial capital for growing enterprises in Ethiopia, Kenya, Uganda and the greater Eastern African Region

ARVF I Launch

2000

Fanisi Fund Takeover

JUN 2000

ARVF II First Close

DEC 2000

ARVF II Final Close

JUN 2000

Meet the team

Ethiopia

Kenya

Uganda

Mauritius

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