Current partners
Operating in Kenya and Tanzania, EFAfrica Group (EFAG) specialises in equipment loans for micro, small and medium enterprises (MSMEs) and farmers, helping enterprises develop and scale.
Small Foundation provided seed funding that leveraged $12 million in equity investment, supported EFAG’s Tanzania operations during the pandemic, and enabled its expansion into Kenya. This built on our prior engagement with Equity for Tanzania (EFTA), EFAG’s first initiative. In 2024 we announced an additional funding round to support further expansion.
EFAG’s continued growth is demonstrating that MSMEs are a viable market segment, encouraging other lenders to finance them.
