What Does GroFin Do?

Total employees109
HeadquartersEbene
Founded2004

GroFin is a private development finance institution specializing in financing and supporting small and growing businesses (SGBs) across Africa and the Middle East. They provide a unique combination of medium-term loan capital and specialized business support to entrepreneurs. GroFin's mission is to be a trusted partner for entrepreneurs, delivering sustainable development impact through job creation and economic growth. They focus on sectors crucial for local development and aim to foster socio-economic advancement in the regions they operate.

Where Is GroFin's Headquarters?

HQ Function

The Mauritius headquarters serves as the central hub for strategic decision-making, fund management, overall operational oversight, risk management, and coordination of its various country offices.

Notable Features:

Located in Cybercity Ebene, a modern technology park, suggesting contemporary office facilities designed for efficiency and collaboration.

Work Culture:

The work culture is likely mission-driven, focusing on impact investing, entrepreneurship support, and sustainable development. It would emphasize professionalism, cross-cultural collaboration, and a commitment to ethical practices.

HQ Significance:

Its location in Mauritius, an established international financial center, provides strategic advantages for managing its pan-African and Middle Eastern investment operations and engaging with international development finance institutions and investors.

Values Reflected in HQ: The choice of a modern, efficient location reflects GroFin's commitment to professionalism, strategic growth, and operational excellence in serving SMEs.

Location:

GroFin has a significant operational presence across Sub-Saharan Africa and selected countries in the Middle East. Its global functions are supported through a network of country offices that handle deal origination, investment appraisal, portfolio management, and direct business support to SMEs. The central headquarters in Mauritius coordinates fundraising, strategic partnerships, risk management, and provides overall governance for its international operations. This structure allows GroFin to combine local market expertise with global best practices in development finance.

Street Address:

6th Floor, Tower A, 1 Cybercity

City:

Ebene

State/Province:

Plaines Wilhems District

Country:

Mauritius

Where Else Does GroFin Operate Around the World?

Nairobi, Kenya

Address: Eaton Place, 2nd Floor, United Nations Crescent, Gigiri, Nairobi

To foster SME growth and job creation in Kenya and the wider East African region, contributing to economic diversification and development.

Lagos, Nigeria

Address: Wing A, 3rd Floor, The Rock Towers, Rock Drive, Off C&I Leasing Drive, Lekki Phase 1, Lagos

To drive SME development in Nigeria, supporting entrepreneurs in overcoming financial and operational challenges to scale their businesses.

Johannesburg, South Africa

Address: Building 1, Ground Floor, Leslie Ave E, Magaliessig, Fourways, Johannesburg, 2067

To support the development of a vibrant SME sector in South Africa, addressing funding gaps and promoting entrepreneurship.

Cairo, Egypt

Address: Building B217 - Office 202, Smart Village, Giza

To stimulate SME growth in Egypt, supporting sectors with high potential for economic impact and employment.

Muscat, Oman

Address: Office No. 22, Building No. 36, Al Khuwair Street 33, Al Khuwair, Muscat

To support the growth of the SME sector in Oman and the GCC region, fostering entrepreneurship beyond the oil and gas industry.

Buying Intent Signals for GroFin

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading GroFin? Meet the Executive Team

As of April 2025, GroFin' leadership includes:

Guido Boysen - Chief Executive Officer
Jurie Willemse - Chief Investment Officer
Mohamed El-Basha - Regional Investment Director - MENA
Samuel Oluyinka - Regional Investment Director – Anglophone West Africa
Rishi Khubchand - Group Financial Controller

Who's Investing in GroFin?

GroFin has been backed by several prominent investors over the years, including:

KfW Development Bank
Norfund (Norwegian Investment Fund for Developing Countries)
British International Investment (BII - formerly CDC Group)
FMO (Dutch Entrepreneurial Development Bank)
Shell Foundation
European Investment Bank (EIB)
African Development Bank (AfDB)
Development Bank of Southern Africa (DBSA)
Proparco (Subsidiary of Agence Française de Développement)

What Leadership Changes Has GroFin Seen Recently?

Hire0
Exits0

Specific high-profile executive changes at GroFin are not frequently publicized in mainstream financial news. Any significant leadership transitions are typically announced on their official website or through their investor network communications. No major publicly announced executive hires or exits were identified in the last 12 months through general web searches.

Departures

N/A, No specific high-profile executive departures widely publicized in the last 12 months.

New Appointments:

N/A, No specific high-profile executive new appointments widely publicized in the last 12 months.

What Technology (Tech Stack) Is Used byGroFin?

Discover the tools GroFin uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

GroFin Email Formats and Examples

GroFin likely uses a common professional email format for its employees. The most probable structure involves a combination of the employee's first name and last name, or initials, followed by the @grofin.com domain.

[firstinitial][last]@grofin.com or [first].[last]@grofin.com

Format

gboysen@grofin.com or guido.boysen@grofin.com

Example

80%

Success rate

What's the Latest News About GroFin?

European Investment Bank (EIB)October 26, 2023

GroFin news title: EIB Global and GroFin boost support for female entrepreneurs in Africa

EIB Global and GroFin signed a USD 30 million loan agreement to enhance access to finance for women-led and gender-lens small and medium-sized enterprises (SMEs) in several African countries. This initiative aims to empower female entrepreneurs and promote gender equality....more

GroFin Website / FMOMay 12, 2022

GroFin news title: FMO Exits GroFin Small and Growing Businesses Funds After Successful 10-Year Partnership

FMO, the Dutch entrepreneurial development bank, successfully exited its investment in the GroFin Small and Growing Businesses (SGB) Funds. The decade-long partnership significantly contributed to supporting SMEs and job creation across Africa....more

USAID INVESTJuly 15, 2021

GroFin news title: GroFin Wins Global Climate Partnership Fund Award to Promote Green Lending in Africa

GroFin received an award from the Global Climate Partnership Fund (GCPF) to develop and implement green lending strategies targeting SMEs in Africa. This initiative aims to support businesses adopting climate-friendly practices and technologies....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including GroFin, are just a search away.