Impact Finance, Made Simple
Connecting African business with Diasporan investors for financing solar energy and other key operational assets
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Regional Investment Focus
Our portfolio is regionally focused with the Southern African Development Community (SADC) of 16 countries, from DR Congo in the north to South Africa. With a combined GDP of over $700B and a total population of 345M, this is an economic zone poised for tremendous growth opportunity over the 21st century given investment in infrastructure - particularly renewable energy - and liquidity made available for small business growth.
Regional Investment Focus
Our portfolio is regionally focused with the Southern African Development Community (SADC) of 16 countries, from DR Congo in the north to South Africa. With a combined GDP of over $700B and a total population of 345M, this is an economic zone poised for tremendous growth opportunity over the 21st century given investment in infrastructure - particularly renewable energy - and liquidity made available for small business growth.
Triple Bottom Line Thesis
We provide Diasporans an efficient path for investing in high impact infrastructure projects across Africa. Our model focuses on protecting investment principle from forex leakage, inflation, as well as the steep fees and custodial risk of remittance-based investment. We focus on investments with a triple bottom line: strong cash flow, strong investment multiple in the long term, and significant social returns. Industries we have expertise in include solar energy, commercial agriculture, healthcare, and information technology
Triple Bottom Line Thesis
We provide Diasporans an efficient path for investing in high impact infrastructure projects across Africa. Our model focuses on protecting investment principle from forex leakage, inflation, as well as the steep fees and custodial risk of remittance-based investment. We focus on investments with a triple bottom line: strong cash flow, strong investment multiple in the long term, and significant social returns. Industries we have expertise in include solar energy, commercial agriculture, healthcare, and information technology
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Frequently Asked Questions
- Commercial farming
- Cannabis cultivation
- Solar energy
- Mining
- Food distribution
- Wholesaling
- Light manufacturing
We invest in businesses that operate out of the 16 member states of SADC: Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Tanzania, Zambia and Zimbabwe.
Equity-only investments range from $50k to $500k. For larger scale solar projects (1+ MW), we will partner with debt investors for up to 20% equity, 80% debt split.
Our investment minimum is $1000 USD
Asoba distributes dividends to investors on an annual basis at the end of the calendar year. Since most cashflows are monthly, we hold returns in yield-generating, asset-backed stablecoin accounts. We select for yield levels that are in excess of forex leakage we are exposed to in the event that we need to either make investments or accept cashflows in local currency.
We manage default risk in three ways. First, we underwrite all projects using a proprietary credit risk model that is specific to the Sub Saharan African context, and select only projects that have A-level credit risk. Second, we specifically invest only in operational assets that can be repossessed and reused in the event of default. Third, we deploy funds were possible in a milestone-based manner. Our project audit team on the ground reviews project performance at each milestone to ensure appropriate use of assets as well as ongoing financial performance.
An investor has several options for participating in Asoba DeFi liquidity pools. One is to invest directly into the pool. A second option is to invest via partner investment syndicates, such as the Zimbabwe Diaspora Nation Building Initiative, which pool investor funds and adds an extra layer of custodial protection.
Undeployed funds within our liquidity pool and project cashflow returns are held in yield generating, asset-backed stablecoin accounts. Not only does this offer an extra layer of principal protection as asset-backed coins have a floor they cannot fall below, but the high yields of stablecoins (as compared with a typical savings or money market account at sub 1% APY) offer significant upside that compounds investment returns from projects themselves.
Returns to equity participants in the liquidity pool will be paid out annually at the end of each calendar year in USD.
In the unlikely event of project default, our project audit teams on the ground will repossess the financed assets (even assets such as solar installations) and prepare them for redeployment on other investment-grade, credit worthy projects. Additionally, we fully guarantee investor principal in the event of a project default.
Investors have the option of selling the present value of their stake and accumulated profits to other investors within the pool, or alternatively bringing new investors into the pool to buy them out
Let's Talk
Register your interest and a member of our team will be in touch within one business day