Novastar Ventures East Africa Fund

  • Region: Africa
  • Country: Regional
  • Sector: Investment funds
  • Year: 2013
  • Domicile: Mauritius
  • Instrument: Fund
  • Commitment (MNOK) as of 31.3.2017: 78.2
  • Original Commitment (MNOK): 81.4

Novastar is a venture fund dedicated to finding and growing the "new stars" of East Africa.

The fund was established in 2013.

Indirect investments

Investee Sector Country
Komaza Group FPC Food and agribusiness Kenya
Mfarm Other services Kenya
Mobile Web (Mauritius) Ltd. Communication Kenya
New Globe Schools (Bridge International Academies) Education Kenya
Sanergy Energy - bio Kenya
Soko Inc. Other services Kenya
SolarNow Energy - solar Kenya
Springhill Cookstoves (Paradigm) Manufacturing Kenya
Poa International Ltd Communication Kenya
SpringHIll Sanergy Investors LLC Health Kenya
Penda Health Health Kenya

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo