Ignite investments Managing Partner on Disrupt Africa's "Meet the Investor"
An energy entrepreneur that has become an investor – talk about paying it forward.
That is the path Angela Homsi has taken. The co-founder of Ignite, which develops, operates and finances safe clean energy-based solutions across Africa, she is also managing partner of Angaza Capital, part of the Ignite Group.
“We were entrepreneurs in the field, understanding real pain points as we went along. Global institutional finance and investment experience throughout our careers helped us build a path that we found would present real solutions. After talking to a wide scope of stakeholders including regional entrepreneurs, governments, development finance institutions, bankers, and more, we decided to launch,” Homsi told Disrupt Africa.
Launched last year, Angaza is yet to announce its first investment, but is backed by sovereign, DFI, and global private investors out of the United States (US), United Kingdom (UK), Europe, the Middle East and Asia. Its initial focus is on Rwanda.
“We are working together with the African Development Bank and Government of Rwanda to enable a smart finance and innovation ecosystem to emerge in Rwanda, mobilising international partners and investors to look at the African entrepreneurship ecosystem, and cross-borders bridges for future collaborations,” said Homsi.