Direct investments

High-conviction operating businesses across East Africa.

Direct investments

High-conviction businesses across fintech, microfinance, dairy, protein, agro-processing, and payroll.

Mtaji Wetu Finance

Mtaji Wetu Finance Tanzania Limited is a Tanzanian FinTech start-up with Swedish roots. We believe that the growth of SME entrepreneurs is the future for prosperity. By providing an innovative customer financing product, we can foster the growth of both suppliers and their customers.

Founded
2019
MTI invested in
2020
CEO
Torbjörn Jacobsson
Website
mtaji.co.tz

AML Finance

AML Finance has established a strong position in Tanzania's fragmented microfinance market, focusing on lending to schools and larger SMEs. AML's longer-term strategy is consolidating a fragmented market and transitioning toward deposit-taking which is set to provide a pathway to diversify the funding base and support further scale.

Founded
2010
MTI invested in
2024
CEO
Reginald Massawe

Shambani Milk

Shambani Milk is a high-value dairy product producer based in Morogoro, Tanzania. The product portfolio targets high-margin products fresh milk, mtindi and yoghurt while significantly strengthening its route-to-market capabilities.

Founded
2003
MTI invested in
2015
CEO
Victor Mfinanga

Chanzi

Chanzi is an insect-based protein company that uses Black Soldier Fly Larvae (BSFL) to convert organic food waste into sustainable, nutritious protein for animal feed. By transforming waste into a valuable feed ingredient, Chanzi provides an alternative to conventional protein sources such as fishmeal and soybean meal, while supporting more sustainable waste management and circular food systems across Africa.

Founded
2019
MTI invested in
2022
CEO
Andrew Wallace
Website
www.chanzi.co

Tanswed Agro

Processor of rice bran based in Kahama, Tanzania. The company processes raw rice bran into graded quality products, separating broken rice and pulverizing rice husks, enabling rice bran traders to secure higher prices for their products in both domestic and international markets.

Founded
2023
MTI invested in
2023
CEO
Michael Mrosso

Workpay

Workpay is a leading payroll provider for Africa, built to power compliant, borderless teams across the continent. Headquartered in Nairobi with operations in Nigeria and Tanzania, and incorporated in Delaware, USA, Workpay enables companies to hire, manage, and pay employees in 45+ African countries, quickly, legally, and without setting up local entities.

Founded
2019
MTI invested in
2022 via PA1
CEO
Paul Kimani