OSA Growth Capital is a blended finance fund aligned with SFDR Article 9, structured as a Variable Capital Company (VCC). We invest in decentralized, climate-resilient infrastructure and essential services across underserved markets in Africa — where the need for scalable, sustainable solutions is urgent and growing.
Africa faces an annual infrastructure investment gap of over €100 billion. Rising climate risks, rapid demographic changes, and constrained public financing call for bold, future-oriented solutions. We invest in platforms delivering essential services — such as solar-powered water concessions — through long-term, cash-flow-visible models that are aligned with the UN Sustainable Development Goals (SDGs).
At OSA Growth Capital, we don’t just invest in infrastructure — we build resilient systems that empower communities and shape a more sustainable future.
OSA Growth Capital’ governance processes are applied on our own policies and procedures and those of our partner companies providing rigour, consistency, accountability and transparency on the way business is conducted. We conduct our business and investments under strict governance processes ensuring lasting foundations, financial transparency and governance best practices across all our funds and portfolio companies.
Impact informs our investment decisionmaking and is central to following investees over the life of the investment.
AdditionalityWe invest where capital is scarce — underserved rural and peri-urban Africa — unlocking access to water, energy, and climate-resilient services that markets alone cannot deliver.
Inclusion at the CoreGender equity, youth empowerment, and community ownership are embedded criteria. We prioritise SMEs led by women and youth entrepreneurs as a matter of principle.
Accountability to Results50% of carried interest is tied to verified impact outcomes. Annual third-party audits and IRIS+ metrics ensure transparency and real accountability to investors.
By fund maturity, OSA Growth Capital targets:

Subject to investor demand, will align to EU disclosure requirements as fund already has a strong impact footprint and meets key criteria
Environmental & Social Management Systems (ESMS) across all investees and aiming to align projects to IFC PS
Standardised impact metrics for reporting to investors and stakeholders, pre-agreed KPIs
Impact Management Project methodology for depth, scale & contribution
Our investment process provides the required structure to build a strong and diversified asset platform. From the identification of a project to its divestment, we follow a defined set of guidelines with one clear purpose: to invest wisely, seeking financial return for our investors and stakeholders while generating positive outcomes for communities and the environment.








AWESOME
Strategic Partnership Signed Between AWESOME and OSA Growth Capital to strengthen the impact of water
and energy projects in Africa
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Salon Hamburg
Family Offices as Drivers of Sustainable Change
Tuesday, 2nd of July 2024
Location: Galerie Melbye-Konan, Mittelweg 169, 20148 Hamburgrg
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Impact Investments in Africa
Choiseul Africa Summit
4th of July 2024
Choiseul Africa Summit
Sustainable Finance and New Geopolitical Risks
Prof. Dr. Viktoriia Apalkova, Jean-Claude Konan, Klaus Pinter
29th of February 2024, 17 - 19 Uhr
HSBA Beyond Business
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OSA Growth Capital
Mittelweg 169
20148 Hamburg
Office Côte d'Ivoire
18 BP 314 Abidjan 18
Cocody Riviera 3
Email info@osa-gc.com