Goodwell Investments

Goodwell Investments is a firm that concentrates on advancing financial inclusion and inclusive growth in sectors that cater to the needs of underserved communities, offering essential goods, services, and income-generating opportunities.

With a total capital of over $310 million, it has raised five funds and focuses on providing early-stage equity to high-growth, high-impact businesses serving underprivileged communities in India and Africa.

Goodwell oversees a portfolio of more than 35 businesses, with aggregated annual revenues surpassing EUR 400 million and a global reach of more than 300 million.

Goodwell's EUR70M uMunthu fund for inclusive growth in Sub-Saharan Africa

Recently, Goodwell concluded its uMunthu fund, a EUR 70 million fund specifically designed for Sub-Saharan Africa. This fund made investments in 20 companies from a range of industries, with a focus on the digital economy, including agriculture, logistics, and mobility, as well as other industries contributing to equitable growth.

For five consecutive years, Goodwell has been included in the IA50, showcasing its ability to deliver substantial social impact alongside strong financial returns.

Goodwell's collaborative approach: bridging the gap for local entrepreneurs in Sub-Saharan Africa

The firm adopts a collaborative approach, combining professional investment management, local presence, leveraging opportunities, and continuous development, which has resulted in excellent financial and social outcomes thus far.

Recognising the pivotal role played by local entrepreneurs and SMEs in creating local employment and driving regional inclusive economic progress, Goodwell provides growth capital and support in various areas to maximize their contributions.

Goodwell's unique investor mix: A diverse blend of impact and institutional investors

What sets Goodwell apart is its diverse blend of investors, encompassing impact investors, entrepreneurs, foundations, family offices, development finance institutions, funds-of-funds, banks, pension funds, and other institutional investors. By investing in impact-focused initiatives, Goodwell aims to create a better future for all.

Impact investing is a growing industry that invests money to address important global issues such as cheap and accessible housing, healthcare and education, as well as sustainable farming, renewable energy, conservation, and microfinance.

Goodwell Investments is a firm that manages multiple funds, including Goodwell V, Goodwell Impact Belgium, Goodwell Microfinance Development Company IV, and uMunthu Fund, among others. The company boasts a skilled team, consisting of its founder, managing partner, associate partner, investment managers, analysts, and more.

The notion of an inclusive economy highlights the importance of economic activities that enable individuals and businesses to create and preserve value within their communities.

This economic model prioritises social and environmental sustainability, as well as the availability and affordability of fundamental goods and services. By promoting economic growth and development, an inclusive economy facilitates access to basic goods and services for lower-income populations at more reasonable prices and of superior quality compared to previous circumstances.

Moreover, such an economy fosters the establishment of fairer and more inclusive societies, allowing individuals to fully participate in the economic and social aspects of their communities.

Investing in inclusive growth in Africa: Goodwell Investments

They’re dedicated to investing in businesses that contribute to inclusive growth in Africa. This entails identifying and funding companies that can address social or environmental issues while generating financial returns.

The company has a longstanding history of investing in financial inclusion and now also focuses on technological advancements in digital and mobile platforms, which have played a role in fostering inclusive growth in developing African markets.

Goodwell Investments has made investments in a diverse range of African firms operating across various sectors, including:

• Digital inclusion
• Financial inclusion
• Agribusiness
• SMEs

These companies listed are Asante Financial Services Group, Nomanini, Sparkmeter, WhereIsMyTransport, and Women's World Banking. They offer a range of services and solutions, including digital lending platforms, affordable core banking software, mobile money platforms, on-demand delivery, grid management services, and transportation connectivity.

Goodwell Investments focuses on impact investing for long-term change in Africa

Their investments aim to generate positive social and environmental impact alongside financial returns. Impact investing has become increasingly popular as investors seek to address important social and environmental issues while earning profits.

Goodwell Investments is part of a growing number of firms recognising the potential of impact investing to bring about lasting change in developing countries.