Consonance Investment Managers — Ethiopia & East Africa Portfolio

About this opportunity

Consonance Investment Managers deploys $1–15m growth capital to scalable businesses in financial services, healthcare, and consumer goods across Ethiopia and East Africa. You need demonstrated revenue, a credible team, and a business model with 50%+ gross margins.

Who can apply

• Growth-stage businesses (not early-idea stage) with at least some operating revenue
• Companies operating in financial services, healthcare, consumer goods, food systems, capital market infrastructure, digital infrastructure, energy, or culture/creative sectors
• Businesses based in Ethiopia or East Africa with scalable models
• Teams led by founders with proven execution track records and transparent operations
• Businesses with potential for rapid, sustainable growth and high gross margins (50%+)
• Companies with a demonstrated moat: market control, distribution/supply chain advantage, installed base, or business model that creates or fixes a market

Not eligible

• Early-stage or pre-revenue startups without track record or traction
• Businesses outside the stated sectors unless they are compelling adjacent opportunities
• Teams without strong operational or sector experience

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Documents you will need

• Business plan or investment memorandum showing revenue, growth trajectory, and unit economics
• Financial statements (if available) and revenue projections
• Description of your competitive moat and market opportunity
• Team bios highlighting relevant experience and track records
• Details of your target market and distribution strategy
• Any documentation of existing customer base or traction

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How to apply, step by step

1. Review the Consonance website and confirm your business fits their thesis: systems-thinking, high-margin scalability, and one of their focus sectors
2. Prepare a concise pitch or investment memorandum covering your business model, revenue, team credentials, and how you meet their moat criteria
3. Email your application materials to info@consonanceinvest.com with a clear subject line naming your company and sector
4. Note that Consonance operates on a rolling deadline; applications are reviewed as received, not in batch cycles
5. Expect initial feedback or a request for a meeting if your application passes screening

How applications are selected

What reviewers look for

• Show existing revenue or traction, not just projections. Consonance backs growth-stage businesses, not pure concepts.
• Make your moat explicit: explain why customers will stick with you and why competitors cannot easily replicate what you do.
• Demonstrate gross margins of 50%+ or a clear path to them. This is their benchmark for scalability.
• Lead with a management team: highlight founders' prior wins, sector expertise, and ability to execute under pressure.
• Frame your business as solving a systems-level problem or creating/fixing a market, not just optimising an existing one.
• Show how your business operates within its larger ecosystem (soft and hard infrastructure). Consonance thinks in systems.

Frequently asked questions

Guide written from the official programme page on 15 October 2026. Funders change their rules, so confirm the details on the official page before you apply.

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