NAIROBI, Kenya – Thursday May 22, 2025 – The Kenya Climate Innovation Center (KCIC) and Raisin Capital Limited have signed a Memorandum of Understanding (MOU) to bolster support for climate-focused enterprises in Kenya. The formal agreement was signed on Monday, May 19, 2025, at KCIC’s Nairobi offices by KCIC CEO Joseph Murabula and Raisin Capital CEO Francis Nasyomba.
This strategic partnership is designed to significantly enhance access to capital and investment opportunities for businesses developing innovative climate solutions. A key component of the collaboration will be leveraging Raisin Capital’s flagship platform, Capital Connect Africa (www.capitalconnect.africa). This online fundraising platform provides investors with a meticulously curated pipeline of pre-screened, investment-ready businesses, streamlining the deal-sourcing process.
Through Capital Connect, enterprises, including those supported by KCIC, will gain access to essential tools, industry insights, and critical resources necessary to successfully navigate their capital-raising journey. The platform employs a data-driven matchmaking process, ensuring businesses are connected with investors whose funding criteria, industry focus, and growth stage objectives align with their specific needs.
The collaboration will encompass several key areas, including:
- Utilizing Capital Connect for KCIC’s calls for applications.
- Referring promising businesses from KCIC’s pipeline to the Capital Connect platform for broader investment support.
- Jointly supporting KCIC’s investment summits.
- Conducting collaborative webinars focused on investor readiness and preparedness.
- Providing post-exit support for KCIC alumni businesses through Raisin Capital’s diverse product suite.
“This partnership with Raisin Capital is a pivotal step in our mission to empower climate-smart entrepreneurs,” said Joseph Murabula. “By combining our incubation and capacity-building expertise with Raisin Capital’s innovative financing platforms, we can unlock significant capital for enterprises that are crucial for Kenya’s sustainable development and climate resilience. We are thrilled that KCIC-supported businesses will directly benefit from these enhanced opportunities.”
Francis Nasyomba of Raisin Capital, commented, “As Africa’s Capital Raising House, we are committed to helping African businesses access the capital they need to thrive. We are excited to partner with KCIC, a leader in climate innovation, to accelerate the growth of impactful, green enterprises across the continent and ensure they access capital in the appropriate structure.”
This collaboration marks a significant advancement in accelerating climate innovation across the continent and equipping entrepreneurs with the financial tools necessary to scale their impact-driven solutions.
About Kenya Climate Innovation Center (KCIC):
The Kenya Climate Innovation Center (KCIC) is a Pan-African organization working at the intersection of climate innovation and entrepreneurship to address climate change. It’s work is aimed at catalyzing climate entrepreneurship in Africa, as a pathway to sustainable enterprises and climate-resilient communites. KCIC’s work entails providing access to finance and technical support to enterprises, market system strengthening, policy advocacy, and empowerment of community climate initiatives.
About Raisin Capital Limited:
Raisin Capital Limited is an African capital raising house headquartered in Nairobi, Kenya, registered in 2015. Raisin Capital helps African businesses access capital by applying its expertise, deep industry knowledge, and networks. Its services are delivered through Corporate Finance Advisory, the online fundraising platform Capital Connect Africa (www.capitalconnect.africa), and Investor Readiness Training, aiming to create and protect the sustainable value of African businesses.
Contact:
KCIC Communications
Tobias Belle
Kenya Climate Innovation Center
communication@kenyacic.org
Raisin Capital Partnerships
Penny Njoki
Raisin Capital Limited
capital@raisin.co.ke
www.raisin.co.ke
