TeamApt

Ignitia

Elephant

Turaco

Max

mPharma

NewGlobe

Penda Health

poa! international

GreenPath Foods

Sanergy

SolarNow

Komaza

Soko

iProcure

PayGo Energy


Each of our investments represents a breakthrough idea that marries international know-how with an innovative local delivery model

What we look for

Entrepreneurs with the character, competence and ambition to build businesses that can transform markets and grow rapidly to scale…

… By addressing latent demand for basic goods and services in the largest markets in the region…

…Employing innovative business models to widen market access, reduce cost and price and improve quality…

…So that the growth and commercial success of the business naturally results in significant social benefits for the aspiring mass market.

Learn more about what Novastar looks for
A technology company that equips government and private health systems and the patients they serve with a digital solution for every step of the healthcare journey.
A technology company that equips government and private health systems and the patients they serve with a digital solution for every step of the healthcare journey.
1greenpath
Specialty food company that supplies premium organic food to international markets from smallholder farmers in Ethiopia
Specialty food company that supplies premium organic food to international markets from smallholder farmers in Ethiopia
ignitia-logo
The world’s first and most accurate hyperlocal weather forecasting service for the tropics, helping small scale farmers reduce risk and increase productivity.
The world’s first and most accurate hyperlocal weather forecasting service for the tropics, helping small scale farmers reduce risk and increase productivity.
The largest agricultural supply chain platform in rural Africa
The largest agricultural supply chain platform in rural Africa
The largest agricultural supply chain platform in rural Africa
1komaza
Vertically-integrated forestry company employing a tech-enabled outgrower model to meet Africa’s wood supply gap
Vertically-integrated forestry company employing a tech-enabled outgrower model to meet Africa’s wood supply gap
1moko
The first accessible and affordable furniture brand for the mass market
The first accessible and affordable furniture brand for the mass market
mPharma200
Provider of affordable and accessible healthcare utilising efficient, transparent and data driven distribution models.
Provider of affordable and accessible healthcare utilising efficient, transparent and data driven distribution models.
Mobility company making movement safe, affordable, accessible, and sustainable through the deployment of high-performance technology and operators.
Mobility company making movement safe, affordable, accessible, and sustainable through the deployment of high-performance technology and operators.
The largest emerging market ed tech business serving parents and governments in six countries
The largest emerging market ed tech business serving parents and governments in six countries
Nairobi’s largest chain of affordable outpatient medical centres in Kenya
Nairobi’s largest chain of affordable outpatient medical centres in Kenya
Nairobi’s largest chain of affordable outpatient medical centres in Kenya
1paygo
Product service platform that harnesses pay-as-you-go technology to bring LPG fuel to low-income households
Product service platform that harnesses pay-as-you-go technology to bring LPG fuel to low-income households
Affordable Internet service provider in low-income and remote neighbourhoods
Affordable Internet service provider in low-income and remote neighbourhoods
Affordable Internet service provider in low-income and remote neighbourhoods
1sanergy
Circular economy business containing, collecting and converting organic waste into high value ag inputs
Circular economy business containing, collecting and converting organic waste into high value ag inputs
1solar-now
Leading provider of larger, modular, off-grid solar systems sold on credit via dedicated branches in Uganda & Kenya
Leading provider of larger, modular, off-grid solar systems sold on credit via dedicated branches in Uganda & Kenya
soko
Ethical fashion brand and tech-enabled distributed manufacturing platform
Ethical fashion brand and tech-enabled distributed manufacturing platform
surechill
Innovative refrigeration company providing cost efficient and reliable cooling for consumers, small businesses and medical applications.
Innovative refrigeration company providing cost efficient and reliable cooling for consumers, small businesses and medical applications.
5D296889-C3FC-4798-8DCD-170832FF1023
The leading agency banking platform in Nigeria, now extending affordable, convenient digital banking services to unbanked and underbanked consumers.
The leading agency banking platform in Nigeria, now extending affordable, convenient digital banking services to unbanked and underbanked consumers.
Designs, sells and services simple, affordable insurance products for the underserved market in Kenya and Uganda.
Designs, sells and services simple, affordable insurance products for the underserved market in Kenya and Uganda.