Top 5 Startup Investors in Mozambique (August 2026)

Miles co-founded DPI in 2007 after having become non-executive Chairman of Blakeney Management (Blakeney) in July 2006 by which time the firm was considered to be one of the largest portfolio investors in many African stock markets. Blakeney was set up by Miles in 1990, first as a consultancy and, since 1994, as an asset management firm, investingin Africa and the Middle East. Blakeney was one of the first investors in many African markets and Miles played an active role in the development of markets in countries such as Ghana, Morocco, Egypt, Kenya and Tunisia.Before starting Blakeney, Miles spent 22 years in money management and investment banking in London and on Wall Street.Miles is also on the boards of SABMiller plc, the world’s second largest brewer and SouthWest Energy (BVI) Ltd, an Ethiopian oil exploration company. He was the founder and chairman for five years of the London Business School’s Africa Board. He read Law at the University of Oxford. Miles is a British citizen.

Investment focus

Industry: Internet, Education, Publishing
Stage:Pre-Seed
Geography: Mozambique

Investor stats

Total investments: 5
Round size: Pre-Seed $7k–$12k
Lead/follow: 20% lead, 80% follow

Portfolio highlights

Ethale Books App — The Ethale Books App by Ethale Publishing is the first-ever East African multilingual book app featuring local content. It is one of the first in the developing world to be specifically designed for android mobile phones and not e-readers. The trilingual app will make books available in Portuguese, Swahili and English for free, with revenuesustained via a mobile advertising strategy.

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Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

Investment focus

Industry: FinTech, Financial Services, Banking
Stage:Series A, Series B, Venture - Series Unknown
Geography: Nigeria, South Africa, Kenya

Investor stats

Total investments: 48
Round size: Series A $1.5M–$12M; Series B $2M–$26M; Venture - Series Unknown $200k–$1.8M
Lead/follow: 54% lead, 46% follow
Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.

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IDH, The Sustainable Trade Initiative is a social enterprise that works with businesses, financiers, governments and civil society to realize sustainable trade in global value chains.

Investment focus

Industry: Financial Services, Farming, AgTech
Stage:Debt Financing, Venture - Series Unknown, Seed
Geography: India, Kenya, Uganda

Investor stats

Total investments: 13
Round size: Debt Financing $2.1M–$9.5M
Lead/follow: 69% lead, 31% follow

Portfolio highlights

Kaleidofin — Kaleidofin provides a scalable and adaptable platform dedicated to democratizing finance through responsible fintech, empowering every customer. Our name, 'Kaleidofin', symbolizes the transformative power of financial solutions with a digital ecosystem that ensures finance for everyone, everywhere.
Apollo Agriculture — BRINGING COMMERCIAL FARMING TO EVERYONE Andrew, 3 acre maize farmer and Apollo customer
JKCC General Supplies — JKCC General Supplies is the producer and exporter of quality coffee.

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Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability.

Investment focus

Industry: Biotechnology, Aquaculture, Seafood
Stage:Series A, Seed
Geography: United States, Norway, Israel

Investor stats

Total investments: 49
Round size: Seed $1.2M–$7M; Series A $3M–$13M
Lead/follow: 51% lead, 49% follow
Last fund: May invest from a new fund soon — raised $87M in 2019

Portfolio highlights

Ace Aquatec — Ace Aquatec is specialises in acoustic marine mammal deterrents and humane electrical fish stunning equipment. Our markets are aquaculture, off-shore construction / demolition and fishermen.The US3 is the latest model of acoustic deterrent for the fish farming industry offering data logging, high and low frequency transducers, and sonartriggering. The MMD is offered to the long line fishermen, to offshore platforms engaged in pile driving and government organisations engaged in post oil spillage response. The sophisticated electronics drives marine wildlife to a zone of safety.
Oceano Fresco — Oceano Fresco develops and produces bivalves varieties with superior performance for shellfish farmers at a competitive cost, respecting environmental sustainability and ensuring consumer safety.They use a multi-disciplinary approach including expertise in molecular biology, genetics, animal physiology, computational biology and intellectualproperty to select value adding traits to shellfish farmers and contribute to the sustainability and profitability of the aquaculture industry.They work with hatcheries, nurseries and research centers in order to test and validate their solutions and ensure that they suit the specific needs of each customer, in each technical and environmental context.
Kuehnle Agrosystems — Kuehnle AgroSystems curates a unique set of algae originating from pristine waters and ecosystems of Hawaii, as well as tropical botanical accessions representing plants prized by Polynesian voyagers.

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