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High-growth African SMEs shaping Africa’s future. Systemic impacts and returns at scale.

ThirdWay Capital is an investment company backing Africa's most compelling scale-ready businesses. We target sectors that will drive this continent’s capacity and growth. Our first-in capital and expert business support sets our companies on a success-path for growth that drives systems change.
For EntrepreneursThe Opportunity

Africa's growth-stage businesses need a different kind of capital partner.

We occupy an underserved space full of companies demonstrating the potential to shape Africa at a systems level. They have proven their model is ready for the capital and expert systems-change guidance that will enable it to scale optimally. ThirdWay Capital sets Africa’s high potential early-stage companies on the path to success, with capital to pursue scale, tools for effective growth strategy and execution, and hands-on operational partnership for the long-haul to market leadership.

how we invest

Capital is just the beginning

We partner with companies in the long-play adventure that gets them to regional and international scale and growth. We invest in Sub-Saharan Africa, with a particular focus on Ghana, South Africa and Kenya.

  • 01.

    Catalytic Capital

    $300K–$1M initial tickets in growth-ready SMEs operating in value chains central to Africa’s social and economic transformation.

  • Patented recombinant protein platform enabling affordable local vaccine production — 8× faster and 30%+ cheaper.

  • 02.

    Operational Partnership

    Board representation, strategy reviews, and the ThirdWay Performance Suite — built on decades of management consulting and leadership experience across four continents.

  • 03.

    Social Capital

    Access to networks and technical expertise. Credible third-party partnership in complex negotiations. Our global network spanning three continents opens doors that capital alone cannot open.

  • 04.

    Follow-on Capital

    As portfolio companies scale, we support access to follow-on investment — from ThirdWay Capital (up to $2M) and from third-party financiers — bridging the gap to larger institutional capital.

portfolio

Our thesis in action.

Our founders have built companies that are creating measurable structural and economic impact in sectors central to Africa’s future while delivering excellent commercial performance.

  • Fairafric

    Fairafric is a farm-to-table organic chocolate company successfully distributing premium organic chocolate in Europe and positioned to enter other African and North American markets.

  • Ethical Apparel Africa

    Ethical Apparel Africa is a sourcing, manufacturing and export business positioned to scale as a major driver in a forecast 3X growth (by 2035) in Ghanaian apparel exports to American and European markets.

  • Agro Kings

    Ghana’s 2nd largest rice producer (2024), displacing a $600M annual import market with locally grown rice — led by a predominantly female farm mechanisation team, and working extensively with small hold farmers.

  • Rainbow Mobile Networks

    Rainbow Mobile Networks Ltd. is a communication technology solution provider who provide communication network solutions for the unserved and underserved.

  • Ditto Labs

    Ditto is a B2B manufacturer of dairy alternative products with the mission to make dairy alternatives that are affordable, accessible, tasty and packaged to international standards locally.

  • Fluorobiotech

    Patented recombinant protein platform enabling affordable local vaccine production — 8× faster and 30%+ cheaper. Aligned with WHO’s 60% African vaccine production target by 2040.

FROM OUR PORTFOLIO FOUNDERS

More than capital.

Jonas Schaller

CFO, fairafric

From the beginning ThirdWay Capital acted like a partner. They integrate themselves as team members in the business. Their guiding us and listening to us is a significant benefit when looking at the unique investment case we present. Ultimately the team of ThirdWay is built with just the most genuine, kind, giving and humble people. Always ready to take a call no matter what the question and always ready to help. And that is the biggest benefit of all. Working with a partner that is good to the core

Paloma Schackert

Co-founder & COO, Ethical Apparel Africa

ThirdWay Capital has delivered game-changing support that has helped us navigate and overcome roadblocks, and propelled us towards our vision of creating 10,000 quality jobs in Ghana’s apparel manufacturing sector.

Renato Marchesini

CEO, Ditto

ThirdWay Capital is the investor that every growth and impact company on the African continent dreams of having. Their Growth Playbook process helped us refine our strategy and sharpen our focus in preparation for scaling up. In a challenging macroeconomic environment, we grew more than three times in less than two years, and ThirdWay was a key enabler in making this happen.

Kwabena Aforo-Addo

Director, Rainbow Mobile Networks

ThirdWay Capital has been an invaluable partner in our growth journey. Their deep network and strategic guidance were instrumental in helping us secure critical funding, connecting us with the right investors who shared our vision.
  • $0M

    Target Fund Size

  • 0.5M

    Target Number of Individuals Gaining Economic Agency

  • 0

    Investment Regions

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    Investing Since

Investing in growth-ready SMEs that are shaping the African story.

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