MTI Investment

MTI Investment AB is a Sweden-based investment company focused on active ownership of small and medium-sized businesses across Africa, with a particular emphasis on East Africa. Its portfolio combines early-stage growth investments with mature holdings, and it also operates advisory and venture-building activities through wholly owned subsidiaries in Kenya and Tanzania.

— MTI Investment
%
Growth portfolio investments35% Capital and active ownership in pre-seed and early-stage African businesses.
Mature portfolio investments35% Holdings in established companies with recurring cash flows and NAV growth.
Advisory services20% Business development and post-investment support for portfolio and external clients.
Venture building10% Hands-on support to build and scale new or early-stage operating businesses.

MTI Investment's direct customers are not consumers but portfolio companies, founders, and business owners seeking...

  • African SME foundersprimary

    Entrepreneurs seeking active ownership, governance support, and growth capital.

  • Early-stage portfolio companiesprimary

    Pre-seed and early-stage businesses that need funding and operational support to scale.

  • Mature portfolio companiessecondary

    Established businesses with cash flows that are held for value growth and NAV appreciation.

  • Development agenciessecondary

    Organizations buying advisory and venture-building services in East Africa.

  • Corporate ecosystem partnersemerging

    Strategic partners such as Yara-linked clients that create distribution and working-capital opportunities.

MTI Investment is headquartered in Sweden but its operating footprint is centered on East Africa, especially Kenya and...

  • Headquartered in Sweden
  • Operating presence in Kenya and Tanzania
  • Africa-focused investment mandate across selected markets
  • East Africa is the core operating and portfolio region
  • Country risk matters because holdings are locally operated

MTI's strategy is to back high-quality African SMEs through active ownership, rigorous due diligence, and...

01
Active ownership in African SMEsmedium-term

Hands-on support is central to improving portfolio quality and investment outcomes.

02
Dual-portfolio modelmedium-term

Separates early-stage growth building from mature cash-generating holdings.

03
East African ecosystem buildinglong-term

Local presence improves sourcing, support, and execution in target markets.

MTI is exposed to the execution risk of early-stage and SME investing, where portfolio companies may fail to scale or...

high

Early-stage execution risk

The growth portfolio targets pre-seed businesses that may not scale or become profitable.

Scope
Growth portfolio
Materiality
high
high

Country and currency risk in East Africa

Operations and portfolio companies are concentrated in Kenya and Tanzania, where macro conditions can shift quickly.

Scope
Kenya, Tanzania
Materiality
high
high

Valuation uncertainty for unlisted holdings

NAV depends on multiples, cash flow assumptions, and book value for private investments.

Scope
Private portfolio companies
Materiality
high
medium

Governance and legal risk

Active ownership and portfolio restructuring can be affected by disputes, compliance, and control issues.

Scope
Holding structure and portfolio companies
Materiality
medium
Valuation of unlisted investments
Can materially change reported net asset value and equity
Functional currency conversion
Can affect translation, presentation, and trend analysis
Impairment of long-term securities and goodwill
May create non-cash write-downs in equity and earnings
Receivables and loan accounting
Can influence reported net assets and finance costs

: 11/08/2026