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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.
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.
Located in Cybercity Ebene, a modern technology park, suggesting contemporary office facilities designed for efficiency and collaboration.
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.
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.
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.
6th Floor, Tower A, 1 Cybercity
Ebene
Plaines Wilhems District
Mauritius
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.
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.
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.
Address: Building B217 - Office 202, Smart Village, Giza
To stimulate SME growth in Egypt, supporting sectors with high potential for economic impact and employment.
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.
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As of April 2025, GroFin' leadership includes:
GroFin has been backed by several prominent investors over the years, including:
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.
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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
European Investment Bank (EIB) • October 26, 2023
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 / FMO • May 12, 2022
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 INVEST • July 15, 2021
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
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