Base de données de financement
African Rivers Fund IV – Debt/ Mezzanine
Current as of: 2026-09-09
Description
The African Rivers Fund IV provides long-term financing to small and medium enterprises (SMEs) including straight debt and mezzanine finance. The Fund targets SMEs in the Democratic Republic of Congo, Uganda, Angola, Zambia and Kenya, with ticket sizes from $300,000 to $10 million.
Instrument Type
Debt
Type of loans provided
Senior debt
Junior or subordinated debt (non-convertible)
Mezzanine debt (defined here as convertible debt)
Junior or subordinated debt (non-convertible)
Mezzanine debt (defined here as convertible debt)
Range of loan tenors
Approximately 5 years
Is the loan concessional?
No
Ticket sizes per transaction (EUR)
100,000 - 500,000
500,000 - 1 million
1 million - 3 million
3 million - 10 million
500,000 - 1 million
1 million - 3 million
3 million - 10 million
Currencies used
US Dollars
Eligible market segments
Independent Power Producers
Captive power
Mini-grids
Energy efficiency
E-Mobility
Stand-alone solar systems
Green hydrogen
Battery / Storage
Energy for productive use
Captive power
Mini-grids
Energy efficiency
E-Mobility
Stand-alone solar systems
Green hydrogen
Battery / Storage
Energy for productive use
Special requirements pertaining to gender, diversity and local content
XSML Capital is a member of 2X Global. Applicants that meet or exceed the 2X criteria are especially encouraged to apply:
- 51% women ownership or the business is founded by a woman
- 30% of senior leadership are women or 30% of the board or investment committee are women
- 30-50% of the applicant's workforce are women (depending on sector), with quality employment conditions in place
- Applicant's product(s) or service(s) specifically or disproportionately benefit women.
Technical assistance
Technical assistance is provided at cost
Eligible regions under GET.invest mandate
Central Africa
East Africa
Southern Africa
East Africa
Southern Africa
Eligible countries under GET.invest mandate
Angola
Congo (Democratic Republic)
Kenya
Uganda
Zambia
Congo (Democratic Republic)
Kenya
Uganda
Zambia
Examples of past investments
XSML Capital portfolio highlights
Instrument Capitalisers
AHL Venture Partners
BIO
British International Investment
DALHAP
SDG Frontier Fund
FMO
IFC
Dutch Good Growth Fund
Proparco
Swedfund
Norfund
Swiss Investment Fund for Emerging Markets (SIFEM)
BIO
British International Investment
DALHAP
SDG Frontier Fund
FMO
IFC
Dutch Good Growth Fund
Proparco
Swedfund
Norfund
Swiss Investment Fund for Emerging Markets (SIFEM)
Apply
Eligibility criteria
For more information on eligibility criteria, contact the fund manager at the details providedApplication process
For more information on the application process, contact the fund manager at the details providedCurrent status of instrument
ActiveContact
Go to fund websiteHeadquarters
Amsterdam, The NetherlandsOther branches
Luanda, AngolaNairobi, Kenya
Kampala, Uganda
Kinshasa, the Democratic Republic of the Congo
Lusaka, Zambia
Fund manager
XSML Capital
About
XSML Capital provides expertise and financing to frontier markets in Africa, focusing on entrepreneurs and small and medium enterprises that provide goods and services to local contexts and underserved markets.