MoGrow by AfriLeap Capital
MoGrow, a hyper-local fintech and business growth platform/product owned by AfriLeap Capital, provides the solutions to fragmented growth and limited access to capital for informal sector ventures.
Value Created by AfriLeap
MoGrow is helpful for informal entrepreneurs, early-stage ventures, and businesses (e.g., smallholder farmers, artisanal manufacturers) who struggle to secure funding due to lack of collateral, formal records, or credit history.
MoGrow is a solution to two specific problems:
- Limited Access to Capital: Informal businesses (e.g., smallholder farmers, artisanal manufacturers) struggle to secure funding due to lack of collateral, formal records, or credit history.
- Fragmented Growth: Many operate sub-scale due to poor infrastructure, skills gaps, or exclusion from formal markets.
MoGrow Facilities & Solutions
MoGrow Facilities include:
- MoGrow FlexCapital – Deals with the issue of limited access to capital for informal businesses.
- MoGrow Path – Addresses fragmented growth in Africa’s informal economy/sector ventures.
MoGrow FlexCapital
MoGrow FlexCapital, a facility, provides tailored financing: Offers flexible capital (e.g., revenue-based financing, convertible grants) suited for high-risk, high-impact informal ventures in Zambia and across Africa.
MoGrow Path
MoGrow Path, a trusted pathway and facility for informal entrepreneurs, founder-first growth, and ventures, Offers:
- Pipeline Support: Provides pre-investment preparation (e.g., business modeling, governance training) to make ventures “investor-ready.”
MoGrow AgriLink
MoGrow AgriLink, a facility to help smallholder farmers with:
- Market Linkages: Connects informal agriventures to formal supply chains, buyers, or tech platforms (e.g., linking small farmers to agritech solutions).
- Climate Resilience: Helps farmers and agriventures integrate adaptive practices (e.g., solar-powered cold storage for fisherfolk).
AfriLeap’s Value Add – Other MoGrow Solutions
A. Market Expansion Support
- Pilot-to-Scale Programs: Identifies ventures with replicable models (e.g., solar mini-grids, agri-tech platforms) and funds regional pilots.
- Partnership Bridging: Connects ventures with distributors, last-mile networks, or franchise partners (e.g., a clean cooking startup scaling via local women’s cooperatives).
B. Operational Scalability
- Tech Enablement: Funds automation or SaaS tools to reduce marginal costs (e.g., a logistics startup adopting route optimization software).
- Shared Infrastructure: Partners with hubs to offer low-cost production/warehousing (e.g., for informal manufacturers).
C. Access to Follow-on Capital
- Prepares ventures for Series A/B by aligning them with later-stage investors (e.g., linking climate tech startups to climate-focused VCs like Satgana or EQ2 Ventures).