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EFAfrica Group Limited
Financial Services
Founded
--
Employees
--
Total Funding
$7.2M
Funding Rounds
1
Last Funding
2025-09-03
About EFAfrica Group Limited
EFAfrica Group Ltd is a Mauritius-based equipment leasing company focused on small and medium-sized enterprises (SMEs) in Africa. Operating in Tanzania since 2011, with subsidiaries in Tanzania, Kenya, and Zambia, the company provides flexible leasing solutions to help African businesses grow. Their mission is to drive economic development through financial innovation, create jobs, boost incomes, and support the 'missing middle' by offering equipment financing without traditional collateral requirements.
Products & Services
Equipment Leasing:Offers equipment loans between $10k and $600k, with no collateral except the equipment itself. Customers pay 20%-40% upfront, with loan terms up to 4 years. Targets SMEs and farmers, using alternative credit assessment methods for those ineligible for bank loans.
Specialized Financing in Tanzania (EFTA):Operates in 12 locations in Tanzania, financing over 1,000 MSMEs and farmers. Has financed over $85m in equipment since 2014.
Specialized Financing in Kenya (EFKen):Established in 2020, operates in three locations in Kenya, financing over 30 leases, with nearly $9m in leases, 50% to agriculture.
Specialized Financing in Zambia:Newest operation, providing leases over $250k to larger agricultural businesses, with plans to be operational on the ground in 2024.
Specialties
Equipment Leasing for SMEs
MSME Financing
Agricultural Financing
Alternative Credit Assessment
Day-Old-Chick Financing
Islamic Leases
Funding History
Debug: View Raw Funding Data
| # | Type | Amount Fields | Date Fields | Investors |
|---|---|---|---|---|
| 1 |
RT: Debt T: - FT: Debt |
A: 7200000 MR: - FA: $7.2 million FAN: 7200000 |
D: 2025-09-03 FD: 2025-09-03 |
1 investors |
Debt
Latest
2025-09-03
$7.2M
1 investor (Pro only)
Growth Metrics
+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active
Mock Up
Team & Leadership
No team data available
Team information is not yet available for this company
Recent News
EFAfrica Group Limited Announces New Product Launch
2 days agoCompany unveils innovative solution to transform the industry, expanding market reach and capabilities...
Read more →Leadership Team Expands with Industry Veteran
1 week agoNew executive brings 20+ years of experience to accelerate growth and strategic initiatives...
Read more →Company Recognized as Industry Leader
2 weeks agoReceives prestigious award for innovation and customer satisfaction in competitive market...
Read more →Mock Up
Key Competitors
C1
Competitor Alpha
Series B · $50M raised
C2
Competitor Beta
Series C · $120M raised
C3
Competitor Gamma
Series A · $25M raised
C4
Competitor Delta
Seed · $10M raised
Mock Up
Company Details
- Website
- efafrica.group
- Industries
- Financial Services
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