Strategy

Our investments are guided by a desire to add value: to our investors, to the businesses we invest in, to society, and to the environment.

Sector Focus


We invest across a range of sectors, while focusing primarily on manufacturing-, service- and retail-oriented businesses. These labour-intensive sectors are especially important in the African context as they create jobs where they’re needed most.

Spear Capital provides between USD 2 -- 10 million in growth capital to consumer-based businesses, meeting its mission and investment strategy objectives. 

Geographical Reach


Spear Capital invests in high-growth, consumer-based businesses supported by the spending of the growing African middle class. We partner with established SMEs in largely untapped countries across the SADC region.