Our impact
Goodwell’s continued success comes down to our industry expertise and collaborative mindset. Starting in India and later focusing on sub-Saharan Africa, we take a patient, long-term approach to every company we work with. The results speak for themselves.
Financial impact / Social impact
15+
Year track record
271 M
EUR under management (across all funds)
36
Portfolio companies (across all funds)
8
Countries with active investments
10
Successful exits (across all funds)
5
Goodwell offices
39+ million
Households reached
35,000+
Jobs created
45
Countries reached in Africa
68
Countries reached worldwide
Download Goodwell’s 2023 Impact Report
Goodwell is improving access to high-quality goods and services in Africa by supporting local businesses. We take a long-term, sustainable approach, ensuring the ripples of our impact grow and spread. Read our latest impact report to see how we achieved that in 2023.
‘Our mission-driven investment philosophy delivers both financial and social returns by taking an extremely local approach. Our repeated success is directly connected to working closely with our portfolio companies, bringing together both regional expertise and access to a global business network’
Els Boerhof
Goodwell’s value addition
The support we offer investees goes far beyond financing. As first-movers, we attract additional funding and connect founders to our wider networks. We actively advise on topics like strategy, governance, ESG, and inclusion. And we provide a long runway to give companies sufficient time to realise their ambitions.
Our theory of change
We believe in a world with no one left behind. To achieve our mission, we carefully select investees that resonate with our core values and work with them to enhance their governance and expand their impact. Through our investees, we deliver high-quality, affordable products and services to underserved audiences, resulting in improved livelihoods, inclusive economic growth, and sustainable financial returns for investors.
Tracking social impact
Every company we invest in has impact at its core; our support enables them to expand and grow. We make their impact more visible with regular reporting that aligns with recognised impact measurement frameworks like GRI Standards and IRIS+. We don’t set specific impact targets for investees – our goal is to see sustainable progress over time.
Climate lens investing
Underserved communities are hit the hardest by climate change. We apply a climate lens to our investments, focused on both mitigating and adapting to effects of climate change. Every sector we invest in must play a role in climate resilience, from creating more efficient supply chains and introducing electric vehicles, to providing effective insurance coverage.
No Poverty
Zero Hunger
Good Health and Wellbeing
Quality Education
Gender Equality
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Reduced Inequalities
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life Below Water
