Bridging Funding Gaps · Est. 2020

Restructuring institutions across Sub-Saharan Africa.

Viability Gap Plc is an investment holding company creating value through strategic change, improved management, and sustained investment in essential industries.

Focused sectors Read background Watch overview · 2 min

Regional footprint

8 countries

Focus

4 sectors

Nairobi · KICC

Platform at a glance

USD 240M

Asset-backed restructuring across the EAC and SADC corridor.

Sectors

Countries

Founded

2020

"Two persistent constraints define growth in Sub-Saharan Africa: expansion capital and expertise."

Viability Gap — Background brief

ESG & Impact · FY 2024

Capital deployed. Institutions transformed.

Asset-backed investments in essential industries — measured by what they sustain, not what they promise.

Capital deployed

USD 240M

▲ +18% YoY

Portfolio companies

across sectors

Countries

Sub-Saharan Africa

Jobs sustained

12,400

▲ +2,100 in FY24

Figures presented are illustrative for design preview. Audited disclosures appear in the annual ESG report.

Background

Two persistent constraints define growth in Sub-Saharan Africa.

In Sub-Saharan Africa, companies face two persistent growth constraints: expansion capital and expertise. Frequently, institutions are unable to secure financing for growth or restructuring.

We are precisely set to uniquely fill these gaps — combining strategic change, improved management, and sustained capital across the institutional life-cycle.

Asset-backed

Every investment is collateralised against real productive assets.

Essential industries

Agriculture, infrastructure, financial services, and energy.

Transformational

We require, and lead, the operating change that unlocks value.

Read full background

The two-gap thesis

Capital and capacity, addressed together.

Field note

"Capacity gaps are as binding as capital gaps. We address both."

Focused sector

Where transformation creates compounding value.

We invest where strategic change, improved management, and sustained capital combine to unlock durable returns.

See investment criteria

Agribusiness

Restructuring agro-processors, plantations, and out-grower aggregators across East and Southern Africa.

Tea & coffeeOut-grower schemesCold chain

Explore agribusiness

Financial services

Recapitalising and re-platforming banks, NBFIs, and pension-eligible vehicles.

Tier-2 banksMicrofinanceDFI co-invest

Explore financial services

Infrastructure

Concessions, logistics, and brownfield asset transformation in cross-border corridors.

Ports & logisticsIndustrial parksWater

Explore infrastructure

Energy

Grid-scale, distributed, and transition-finance projects across the regional grid.

RenewablesTransition gasMini-grids

Explore energy

Leadership

Senior operators who have done the work.

Our team combines institutional capital experience with on-the-ground operating know-how across the regional footprint.

Board

Joe DeSwardt

Executive Chairman

International capital markets specialist with 35+ years across emerging-market investments.

View profile

Management

Peter Chemuigut

Chief Executive Officer & Managing Director

Founding CEO. Infrastructure development strategist; PPP and development-finance specialist.

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Board

Adv. Alex Wang'oma Mola

Legal Counsel & Strategic Advisor

East Africa commercial attorney; cross-border M&A and restructuring.

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Management

Francesca Chemutai

Chief Financial Officer

Financial structuring and deal execution lead.

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Management

Eliud Tormoi

Infrastructure Development Director

15+ years in infrastructure project development and DFI relations.

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Management

Daniel Leinyakh Gudere

Sustainability & International Relations Director

Environmental solutions; Norway / Europe-Africa investment bridge.

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Newsroom

Briefings, releases, and field notes.

View all press

Briefing12 Mar 2024

Bridging capacity gaps: a 2024 outlook for Sub-Saharan restructuring

8 min readRead

Press release04 Feb 2024

Viability Gap announces co-investment with a regional DFI in Tier-2 financial services

3 min readRead

Field note21 Nov 2023

Why transformation, not turnaround, defines the post-2020 African operating environment

6 min readRead

Document library

Reports, disclosures, and investor briefings.

Audited materials are available to LPs and partners on request.

PDF

ESG Impact Report — FY 2024

Annual disclosure · 64 pp · English

ESG12 Mar 20243.2 MB Download

PDF

Investment Strategy Memorandum

Investor brief · 22 pp

Strategy04 Feb 20241.8 MB Download

PDF

Q4 Portfolio Review

Quarterly update · 18 pp · Restricted

Quarterly31 Jan 20242.1 MB Download

PDF

Regional Footprint Briefing

8-country overview · 12 pp

Background08 Nov 20231.1 MB Download

Get in touch

Still considering whether your institution fits?

Speak with our team. We respond to qualified inquiries within two business days.

Give us a call

+254 746 487 012

Mon–Fri · 08:00–17:00 EAT

Send us a message

info@viabilitygap.fund

Investors: investors@viabilitygap.fund

Visit our headquarters

KICC, Lower Ground Floor

P.O. Box 18366–00100, Nairobi

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