About our organization
The Momentum Fund is a dedicated grant funding organization committed to identifying, supporting, and amplifying the impact of African change-makers. We prioritize projects that are innovative, scalable, and designed to address the unique challenges and opportunities within Africa. Founded on the principles of collaboration, empowerment, and sustainability, we work with individuals, organizations, and communities to unlock the potential of grassroots initiatives.
The organization also support the Financial Institutions (FIs)’ SME clients to ensure better funding application preparations (for example, development of business plans, financial literacy training, etc.). The programme is also accessible to international banks,NGOs and to regulated specialized financing houses such as leasing companies and other Non-Bank Financing Institutions, including Micro-Financing Institutions with a SME portfolio. The ultimate beneficiaries of this Programme are local SMEs, seeking adequately priced offerings to finance their business investments and overall business activities. The Ministry,AFDB,USAID and MIF does not finance SMEs directly. They supports local financial institutions in such a way that they will increasingly see SMEs as a real and successful market opportunity.
Apply for fundingWhat We Do
We provide financial support to African Businesses, Companies and organizations working across various sectors, including education, healthcare, environment, technology, and entrepreneurship.
Capacity Building
Beyond funding, we offer training, mentorship, and resources to ensure long-term success and impact.
Advocacy
We champion African-led solutions on the global stage, advocating for greater recognition and investment in homegrown initiatives
Sectors We Support
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Agriculture
Our investments in agriculture promote food security, rural development, and job creation
Renewable Energy
We support clean energy projects that contribute to Africa’s energy independence and climate goals.
Technology and Innovation
We are committed to funding tech-driven initiatives that address pressing challenges in healthcare, education, and financial services.
Manufacturing
The manufacturing sector is critical for Africa’s economic transformation, offering opportunities for industrialization, job creation, and reducing the continent's reliance on imported goods. However, many African manufacturers face challenges such as outdated technology, limited access to finance, and inadequate infrastructure.
Trade
Trade is the engine of growth for Africa, offering opportunities to connect local products with global markets. However, many businesses struggle with barriers such as poor infrastructure, lack of access to finance, and regulatory hurdles. Facilitating trade within Africa and between Africa and the rest of the world is vital for economic development.
Micro, Small and Medium Enterprises
MSMEs play a pivotal role in Africa’s economy, accounting for the majority of jobs and contributing significantly to GDP.
Healthcare
Access to quality healthcare remains a significant challenge across many parts of Africa, with underfunded health systems, limited infrastructure, and shortages of trained medical professionals.
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Projects Funded across various sectors
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Our Partners
Creating Pathways to Prosperity through Collaborations and Partnerships
Partner with Us
We believe in the power of partnerships to amplify impact. Whether you’re a private sector entity, a financial institution, or a government agency, we want to work with you to create meaningful change in Africa.
Our Partnership Approach
We believe that given the right amount of resources and services, populations least served by existing markets or assistance programs will have a chance to transition out of poverty. To achieve this goal, Momentum Fund partners and collaborates with host African governments (at the national and local levels) corporations and foundations, and other U.S. Government agencies.