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01.
Tanzania

Ecohomes

Ecohomes designs, manufactures, and builds affordable housing using the modern technology of cold steel forming. 

The company’s founders wanted to diversify from traditional brick and mortar building methods to more advanced, efficient, affordable, and environmentally friendly methods of using Light Gauge Steel. 

In 2016, EcoHomes built its own factory in Dar es Salaam in order to have sourcing and manufacturing in-house.

Founded: 2015

MTI invested in: 2016

Investment type: Equity financing

CEO: Eric Chonjo

Website: ecohomes.co.tz

02.
Tanzania

Shambani Milk

Shambani Milk is a growing milk processing company that sells dairy products in Morogoro Municipality, Dodoma, and Dar es Salaam City. 

The company’s mission is to offer more accessible dairy products to the people in Tanzania and to directly support various local producers.

Shambani Milk collects fresh milk from about 400 milk producers in Morogoro, of which 87% are Maasai women.

Founded: 2003

MTI invested in: 2015

Investment type: Equity financing

CEO: Victor Mfinanga

Website: shambani.co.tz

03.
Zanzibar

Zanrec

Zanrec is a waste management company that collects and recycles plastic waste from more than 100 hotels in Zanzibar. Its mission is to work towards creating a zero-waste eco-system on the island which will also ideally become self-sufficient from green energy.

The island of Zanzibar generates over 96,000 metric tonnes of waste a year.

Due to a lack of proper waste management, an equivalent of the weight of a Boeing 747 gets dumped on Zanzibar every day, contaminating the environment and causing serious consequences to public health and the economy.

Founded: 2009

MTI invested in: 2015

Investment type: Equity financing

General Manager: Justin Madho

Website: zanrec.com

04.
Tanzania

Atsoko Beauty Store

Atsoko is the first makeup store in Tanzania. With two boutiques and three franchise stores throughout Dar es Salaam, it is the leading makeup brand in Eastern Africa.   

Tanzania’s fast-growing middle-class demands new products with high quality and brand recognition. Atsoko offers genuine and safe products and is the makeup brand you can trust in East Africa. 

Atsoko also runs a beauty academy that trains women to become makeup artists. Since its start in 2018, 900 young women have trained to become professional makeup artists through the Atsoko Beauty Academy.

Founded: 2012

MTI invested in: 2015

Investment type: Equity financing

General Manager: Rehema Julius

Website: atsoko.com