Advance Consulting is an international business consulting company specialized in the acquisition of (repayable) grants, concessional loans and equity finance for companies investing in emerging economies. Over the past 20 years we have successfully developed business plans and sourced concessional funding for our clients in more than 40 countries. To date Advance Consulting successfully supported over 400 companies to attract funding. Annually we raise between EUR 40 and EUR 80 million for our clients and impact projects globally. We have a strong network of impact funders, including (governmental) donor agencies, DFIs, institutional financiers, private investors and fund managers.

The Africa Management Services Company (AMSCO) tackles the scarcity of human capital in Africa by providing human capital solutions to African industries. It works with a wide variety of clients, ranging from private and public investors, small and medium enterprises and large companies through to industry associations and governmental organisations with a vision to grow African businesses, assisting them to become globally competitive, profitable and sustainable. AMSCO grew out of the African Training and Management Services Project (ATMS), a joint initiative of International Finance Corporation (IFC), United Nations Development Programme (UNDP) and African Development Bank (AfDB).

AHL Venture Partners is an impact-focused venture capital firm in Africa. In addition to equity and debt financing, AHL provides services such as training on business model and strategy, impact monitoring and measurement, and links portfolio companies to partners and business opportunities.

BlueOrchard is an impact investment fund manager. It makes impact investments across a various range of asset classes and across a variety of sectors. To date, BlueOrchard has invested USD 4 billion in 350 institutions across 70 countries.

Gray Ghost Ventures is a venture capital firm specialising in fund of fund investments and direct investments in the fintech sector. For direct investments, the firm invests in incubation, early stage, seed/start-up, and growth capital. The firm’s focus areas include: microfinance, social venture investment, and affordable private schools in low-income communities of emerging markets. It also invests in early-stage enterprises providing catalytic innovation and technologies which includes information, communication and technology (ICT). It makes investments between USD 1 million and USD 5 million.

Gray Matters Capital (GMC), is an impact investing foundation, which provides risk capital to entrepreneurs and social ventures. Funds are deployed through seed-stage investment vehicles with investments ranging from USD 50,000 to USD250,000 and venture capital stage investments ranging from USD 250,000 to USD 2 million. It a sister concern of Gray Ghost Ventures.

Incofin Investment Management (IM) is a specialised advisor of impact investment funds, striving to achieve balanced social and financial returns. Incofin IM invests in microfinance institutions (MFIs) in developing countries worldwide and in Fairtrade cooperatives in Latin America. Incofin IM aims at a balanced combination of financial and social results and attaches great importance to the social objective of the organizations which are supported. It mainly funds micro-finance institutions through debt (1-5 years) or equity (7 years) .

LeapFrog supports financial services businesses with investments ranging between USD 10 million and USD 50 million and aims to exit the investment via IPO, trade sale, a sale back to a partner, or a management buyout. LeapFrog also provides technical support in strategy and governance, product, pricing and revenue, sales and distribution, core operations, human resources and talent management, technology and data, and measurement.

LenddoEFL’s mission is to provide 1 billion people fast and convenient access to low cost, powerful financial products. They use AI, advanced analytics and behavioural data helping serve the underbanked people and small businesses in emerging markets.

LenddoEFL use new, alternative sources of data, such as psychometric assessments, mobile phone data, digital footprints and more. These can be used in place of traditional financial history to understand credit risk and identity verification.

Lightrock India oversees and manages investment vehicles focused on early stage small and medium-sizeds in India that seek commercial returns in sectors providing essential services and increasing market access to underserved communities. It provides early stage venture capital to teams building innovative, disruptive businesses that provide access to capital, markets, and essential services and invests across stages with a strong thematic focus and a systemic lens towards building ecosystems.
Lightrock India manages investments of SONG, LGT Impact, Aspada and Lightrock.