Pact Ventures

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Pact Ventures

Fintech

Country: Kenya

Pact Ventures invested subordinate debt in a fintech company expanding financial inclusion through alternative credit algorithms for informal borrowers. Through this investment, Pact aims to expand services for communities with which it works by exploring broader partnerships to increase access to formal financial inclusion.

Moyo Gemstones

Country: Tanzania

Moyo Gemstones is an ethical gemstone program currently being piloted with female artisanal gem miners in Tanzania’s Umba Valley. The effort is building the first scalable, artisanal and small-scale mined colored stone sourcing program, to assure responsibly produced, ASM-mined rubies, sapphires, garnets and tourmaline, from mine to market. The program empowers women miners to work safely, mine better, improve financial security and create stable, equitable markets for fair trade. 

In partnership with Pact's Mines to Markets program and innovation unit, Pact Ventures provided a forgivable grant investment to launch Moyo Gemstones. By developing an end-to-end solution leveraging traceability technologies, Pact aims to create pricing transparency and incentives for safe artisanal small-scale mining practices. Following its initial startup capital, Pact Ventures is exploring revenue generation models for long-term financial sustainability.

In addition to Pact, the program’s partners include the Tanzanian Women Miners Association (TAWOMA), Nineteen48, ANZA Gems and blockchain provider Everledger. Nzuri Moyo means "beautiful spirit" in Swahili. Learn more at moyogems.com.

Health and financial inclusion

Pact Ventures invested as a limited partner in an impact fund focused on +30 health and financial inclusion companies providing products and services for base-of-the-pyramid consumers in Africa and Asia. Through this investment, Pact intends to co-design new solutions with portfolio companies, leveraging Pact’s programs and infrastructure to scale impact.

Off-grid solar

Country: Kenya, Tanzania

Pact Ventures invested Series A equity in a company that designs and manufactures off-grid solar appliances and income-generating solutions for base of the pyramid customers. Its affordable, modular solar home systems, lifestyle and productive-use appliances improve health, environmental, and livelihood outcomes. Through this investment, Pact is leveraging its on-the-ground presence to provide communities with access to affordable, reliable energy.

Medical diagnostics

Country: Nigeria

Pact Ventures structured a strategic partnership with a medical diagnostics company operating in marginalized communities in urban and peri-urban areas. Through this partnership, Pact aims to improve access to health screening and diagnostics services that are crucial for broader health outcomes in the marginalized communities we serve.