Our impact & insights 2021

Learn with Small Foundation and our partners as together we work towards a thriving business ecosystem in sub-Saharan Africa.

Collaborative for Frontier Finance 2022 Annual Convening in Dar Es Salaam

Emerging Leaders: capacity building and resilience training at Sorwathe Tea Plantation, Rwanda (2019).


The impact generated by our work and our partners’ efforts is often long-term and richly qualitative as well as quantitative. To support our current partners’ work, we have agreed funding of EUR 20 million + in grant, equity and debt financing. Our partners currently work in 28 countries in sub-Saharan Africa and touch on other low-income countries around the world.

Spotlight stories

Highlights from a few of the partners we support, showing how their innovative solutions can improve livelihoods and offer a route to thriving, sustainable economies in sub-Saharan Africa.


Backing commercially viable sustainable agri-business to grow and scale.


Developing impact networks to enable collaboration in a complex world.

Founders Factory Africa

Investing in agtech to catalyse improvements in the agriculture sector.

Investisseurs & Partenaires

Incubating local SME funds across Africa through IPDEV2.

Open Capital

Enabling investment, building markets, and fostering the talented leaders of tomorrow.


Research to enable new geomapping technology use in support of smallholder farmers.

Warc SDU Manager and Courage from WATIH: field visit of smallholder field.


Our partners

Our partners are innovators in their fields, with deep understanding of the contexts they work in, each driving forward a change agenda that will create stronger business ecosystems to support sustainable, scalable MSMEs.

Our partners


African Rural and Agricultural Credit Association


Investment firm supporting early-stage fund managers and start-ups

The Good Summit

Global event–based platform

Invest In Africa Kenya

Connecting multinationals  to local suppliers

Rent to Own

Facilitating access to equipment by smallholder farmers


Uganda Entrepreneurial Ecosystem Initiative


Agribusiness Market Ecosystem Alliance


Collaborative for Frontier Finance

EFAfrica Group

Serving MSMEs and farmers with equipment loans


Incubating local SME funds across Africa through IPDEV2

Root Capital

Providing credit to small and growing agricultural businesses

Village Capital

Supports impact-driven, seed-stage start-ups


Developing and connecting a new generation of young leaders


Developing Impact Networks to enable collaboration in a complex world

Emerging Leaders

Empowering people in vulnerable communities


MatchMaker Fund Management – SME Impact Fund


The Smallholder and Agri-SME Finance and Investment Network


Women in African Investments is an influential collective of women investment professionals

Aunnie Patton Power

Founder of Intelligent Impact


Council on Smallholder Agricultural Finance

Endeavor Insight

Studying high-impact entrepreneurs

Open Capital

Management consulting and financial advisory firm in Africa


School of International Futures

WARC Africa

Unlocking the potential of farmers by removing barriers


Event streaming and peer-to-peer networking platform

Creative Metier

Bringing impact networks together

Founders Factory Africa

Investing in agtech


Enabling geomapping technology in support of smallholder farmers


Uganda Agribusiness Alliance

Our approach

Using a systems lens and our strategic vantage, we support the sub-Saharan African business ecosystem by collaborating with mission-aligned partners. Our practice areas of investment, impact networks, and research are more interwoven than distinct, with each integral to achieving our goal.

Investment practice

Impact networks


Systems lens