Esther Ndeti is Pioneering Inclusive Financing for African SMEs and Redefining Investment in East Africa

Currently serving as the Managing Partner at Unconventional Capital (Uncap), leading a €30 million fund dedicated to pioneering new financing approaches tailored for early-stage small and medium-sized enterprises (SMEs) across Africa.

Uncap, which specializes in providing non-dilutive, revenue-based financing, seeks to unlock funding for high-potential African entrepreneurs who have historically faced barriers in accessing traditional venture capital.

Through this innovative model, Esther is working to empower SMEs that are often overlooked by traditional financing, bridging crucial gaps in the region’s investment ecosystem.

Previously, she served as the Investment Principal at Uncap in its Munich and Nairobi offices.

Before her tenure at Uncap, she held the role of Executive Director at the East Africa Private Equity & Venture Capital Association (EAVCA).

Under her leadership, EAVCA grew its influence, launching initiatives that strengthened East Africa’s private equity landscape and supported cross-border investment strategies.

She spearheaded the establishment of EAVCA’s first regional office in Uganda, further demonstrating her commitment to creating a cohesive investment ecosystem within East Africa.

Esther was also instrumental in scaling EAVCA’s thought leadership platform, encouraging dialogue on the role of private equity in regional development, and fostering an environment conducive to investment in East Africa’s emerging markets.

She began her career in business coordination and management, where she gained foundational experience as the regional coordinator at the Aspen Network of Development Entrepreneurs (ANDE).

Her background also includes extensive experience in business management and coordination, which has given her a broad understanding of African markets and the unique challenges they present to entrepreneurs and investors alike.

Esther’s influence extends beyond her direct professional roles; she has consistently advocated for women in leadership, financial inclusion, and innovative funding models.

Her commitment to advancing these causes has earned her recognition in Kenya’s business community and beyond.

In 2018, Business Daily Africa honored her as one of Kenya’s Top 40 Under 40 Women, celebrating her leadership, visionary approach, and contribution to expanding the boundaries of traditional finance in Africa.