# Commercial Bank of Africa

> Commercial Bank of Africa is a VC fund in Nairobi backing FinTech and Finance. See 1 investment, round sizes, portfolio and contact details. Updated Oct 2026.

- Type: VC Fund
- Location: Nairobi, Kenya
- Total investments: 1
- Last investment: Feb 2014
- Lead investor: 0%
- Last updated: Oct 2026
- LinkedIn: https://www.linkedin.com/company/commercial-bank-of-africa-tanzania-limited
- X (Twitter): https://x.com/cba_group_
- Website: http://www.cbagroup.com
- Facebook: https://www.facebook.com/timeformore

Commercial Bank of Africa is a VC fund in Nairobi focused on FinTech and Finance. Commercial Bank of Africa Ltd (CBA) was founded in 1962 in Dar es Salaam, Tanzania and immediately thereafter established branches in Nairobi and Mombasa in Kenya, and in Kampala, Uganda. With the nationalisation of banks in Tanzania, CBA was incorporated in Kenya in 1967. CBA originally commenced business as a subsidiary of Societe Financiere pour les pays D'Outre Mer (SFOM), a Swiss-based consortium bank with interests in financial institutions throughout Africa. The consortium members included Bank of America, Commerzbank (whose interest was later sold to Dresdner Bank), Bank Bruxelles Lambert and Banque National de Paris. In 1980, Bank of America acquired the shares of all the other SFOM partners and CBA became a subsidiary of Bank of America, with 16% of the shares held by Kenyan investors. Bank of America re-organised CBA, developing and installing Bank of America`s global systems and disciplines before selling it's majority shares to local investors. Bank of America continued to provide management to the bank via a management agreement before eventually selling the rest of its shares. CBA is one of East Africa's largest privately owned banks and has Operations in Kenya and Tanzania.

## Contacts

5 contacts available for Commercial Bank of Africa. Shizune tracks 1 team members at Commercial Bank of Africa. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/commercial-bank-of-africa-limited?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 100% |
| Finance | 1 | 100% |
| Financial Services | 1 | 100% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mohammed Dalal | Head - Technical Services | 0 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| M-KOPA | M-KOPA provides connected asset financing solutions for underbanked customers. Its platform combines digital micropayments and IoT connectivity to offer access to products including solar lighting, televisions, fridges, smartphones, financial services, and more. | $20M | Debt Financing | Feb 06, 2014 | http://www.m-kopa.com/ |

1 of 1 investments shown.

## Co-investors
- [Bill & Melinda Gates Foundation](https://shizune.co/investors/profile/bill-melinda-gates-foundation) — VC Fund, 1 deal together
- [Imprint Capital](https://shizune.co/investors/profile/imprint-capital) — VC Fund, 1 deal together
- [LGT Venture Philanthropy](https://shizune.co/investors/profile/lgt-venture-philanthropy) — VC Fund, 1 deal together
- [Netri Foundation](https://shizune.co/investors/profile/netri-foundation) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund
- [Inveready](https://shizune.co/investors/profile/inveready-technology-investment-group) — VC Fund

## FAQ

### What does Commercial Bank of Africa invest in?

Commercial Bank of Africa invests primarily in FinTech, Finance and Financial Services startups, most often at Debt Financing stage. Most of the 1 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Commercial Bank of Africa?

Public channels for Commercial Bank of Africa include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Commercial Bank of Africa?

The team at Commercial Bank of Africa includes Mohammed Dalal (Head - Technical Services). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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