Founded in 2008, XSML Capital is an investment firm dedicated to providing growth capital to small and medium-sized enterprises (SMEs) in frontier markets across Central and Eastern Africa. With local teams in Kinshasa (Democratic Republic of Congo), Kampala (Uganda), Luanda (Angola), Nairobi (Kenya), and Lusaka (Zambia), XSML focuses on nurturing local talent and fostering sustainable economic development in underserved regions. XSML Capital offers bespoke financing solutions tailored to the needs of SMEs, including:
- SME finance in African frontier markets
- Debt Financing: Provision of loans with structured repayment terms.
- Equity Investments: Acquisition of minority stakes to support business growth.
- Mezzanine Financing: Hybrid capital combining elements of debt and equity.
Beyond financial support, XSML provides business expertise, network access, and technical assistance to help SMEs scale effectively. They focus on businesses led by strong entrepreneurs with the potential to scale and provide essential goods and services, thereby contributing to local economic development. XSML is particularly interested in businesses that meet the 2X Challenge criteria and promote gender equality through women’s leadership, employment, and entrepreneurship.
Investment Amount
XSML invests in SMEs requiring growth capital ranging from USD 300,000 to USD 10 million. Their investments are structured to meet the specific needs and growth stages of the businesses they support.
Target
XSML targets SMEs operating in Central and Eastern Africa, specifically in the Democratic Republic of Congo, Uganda, Angola, Zambia, and Kenya..
Focus Areas
While sector-agnostic, XSML invests in SMEs that play a crucial role in their local economies. Notable sectors include:
- SME finance in African frontier markets
- Healthcare: Investing in quality medical services and pharmaceutical distribution.
- Information Technology: Supporting companies in enhancing connectivity and digital services.
- Retail and Consumer Goods: Backing businesses that provide essential products to local communities.
- Agriculture and Agro-Processing: Funding enterprises involved in food production and processing.
