Lighthouse Capital to Invest in African Mid-Market Companies

A new private equity firm, Lighthouse Capital, is raising US$50 million to invest in high-growth mid-market businesses across South Africa and Kenya. Headquartered in both Johannesburg and Nairobi, the firm combines investment capital with hands-on operational expertise.

Focused Investment Strategy

Lighthouse Capital will target companies in manufacturing, fintech, agribusiness, and technology sectors. The fund aims to make equity investments ranging from $5 million to $10 million per portfolio company, with a first close expected before the end of 2026.

With over 20 qualified investment opportunities already identified, Lighthouse Capital is positioned to deploy capital quickly once fundraising is complete. Their approach includes a structured value creation framework implemented within the first 100 days of each investment, focusing on financial reporting, operational efficiency, governance, and commercial execution.

Operator-Led Approach

“Many high-potential businesses require more than just capital to reach their next stage,” said Nico Christoforou, general partner and chief investment officer at Lighthouse Capital. “We seek partners who share our view that operational excellence drives sustainable value creation.”

Anthony Muraya, CEO and general partner, added: “The founders we back have already overcome significant challenges. We provide the infrastructure to help them scale beyond their initial vision.”

The team emphasizes its local connection to the markets it serves. Edwin Mbugua, COO and general partner, stated that Lighthouse Capital is made up of “Africans investing in Africa” – individuals who understand the unique business environment firsthand.