About Us

Our business philosophy is that a sound financial base is critical for fostering social-economic development. Where traditional development aid viewed development as a problem we look at it as an enormous opportunity. The potential of the African continent and its people is huge. The challenge is how to tap into this potential  in a way that benefits us as investors and the people in developing nations mutually. We achieve this by a three-pronged approach. We focus on small and medium-sized enterprises, commit expertise and always invest with a Local Investment Partner (LIP).

Small and Medium sized Enterprises (SME's)

All over the world SME's are the engine of a local economy. They generate job opportunities, are a source of income for their employees and their country’s future middle class, support local infrastructure by their tax contributions, drive innovation and bring stability. In general, SME entrepreneurs struggle with limited access to capital and expertise. This is true all over the world and particularly so in Africa. SOVEC is a strategic partner for SME’s and as such not only provides growth capital but also commits expertise wherever necessary and appropriate.

Entrepreneurs for Entrepreneurs (E4E)

Most of Africa’s economies are relatively young and their entrepreneurs, even though well educated and trained in many instances, may have limited business experience or sometimes lack contacts with international markets. SOVEC therefore not only invests capital, but also “commits” relevant experience, industrial expertise, business contacts etc. by linking an entrepreneur (or business partner) to the local SME. These SOVEC Entrepreneurs are closely involved to support the local entrepreneur on a long term basis.

Local Investment Partners (LIP's)

We believe that we need to co-operate with local partners, to secure our interests and maximize the probability of success. Our LIP's provide the expertise related to doing business in their environment, have a professional team on the ground and cooperate with us in project generation, analysis and monitoring. SOVEC provides additional value through its capital and E4E program.    

SOVEC has two Ghanaian investment partners, Fidelity Equity Fund II and Oasis Capital. We feel we herewith have an excellent base to grow our activities in Ghana and beyond. 

We invest smart money!

Through this involvement SOVEC brings additional value to the local SME.