Venture Capital

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Kua Ventures

Kua Ventures provides secured loans, revenue-based loans, and business coaching to SMEs in East Africa. The firm focuses on companies creating jobs and driving...

Kua Ventures logo

Kua Ventures

Kua Ventures provides secured loans, revenue-based loans, and business coaching to SMEs in East Africa. The firm focuses on companies creating jobs and driving social and environmental change. Founded in 2020 in Nairobi, Kenya, Kua Ventures has made 19 investments, including a November 10, 2024, investment in Olerai Schools.

General information

Firm type

Venture Capital

Year founded

2020

Location

Region

Africa

Country

Kenya

City

Nairobi

Corporate office

Nairobi, Kenya

Principals

Peter Fry

Managing Director

Sector focus

FinTechEnterprise SoftwareClimateTechEducationAgriTech & FoodTechHealthcare Services

Frequently asked questions

How does Kua Ventures source proprietary deal flow?

The firm sources primarily through Nairobi's faith-based business networks and enterprise-support organizations operating in informal settlements. Its connection to the Kenyan church ecosystem provides a pipeline of founders that conventional venture networks in Westlands or Kilimani rarely see. Kua also partners with incubators like iHub and faith-aligned accelerators active in Kenya's secondary cities.

Does Kua Ventures participate in fund commitments or only direct deals?

Kua Ventures makes only direct investments into operating companies. The firm does not commit to external funds, nor does it operate a fund-of-funds sleeve. All $10 million in its initial facility is reserved for direct, on-balance-sheet positions in Kenyan SMEs.

Which sectors does Kua Ventures explicitly avoid?

Kua does not invest in alcohol, gambling, extractive industries, or businesses that conflict with its faith-driven mission. The manager also avoids capital-intensive hardware manufacturing and pure-play B2C marketplaces without a clear path to unit profitability — the revenue-linked model requires top-line visibility that speculative B2C models often lack.

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