People struggle to find investments that give them a strong ROI and do good for the poor. At Verdant
Frontiers, our veteran team builds large-scale businesses in Africa which fight poverty and generate
compelling returns for our investors.

Africa is not thriving like it could be

Over $1 Trillion has been poured into the continent via aid over the past several decades.

75%

of the world’s poorest countries are located in Africa

50%

still live in extreme poverty (or less than $1.25 a day)

50%

still don’t have electricity in the home. (6 countries have over 94% without electricity)

An industrial & economic revolution will bring a country out of poverty.

Large-scale businesses create jobs that enable individuals and families to thrive. Business done right pumps money into local economies, enabling individuals to earn personal wealth. These individuals then invest in education, healthcare, and standard of living improvements for families. Together, the business and individuals create a virtuous cycle of economic development.

We invest early stage capital.

We bring entrepreneurial expertise and technology.

We launch new businesses creating jobs and planting seeds of
entrepreneurship and innovation.

We’ve Already Made a Significant Impact.

… and we’re just getting started.

Over 1,000

new jobs created

12,000

lives impacted (Calculated as fair wage incomes created times 4.5 dependents)

Over $75M

Invested to date in Verdant Frontiers’ portfolio companies

We are results oriented – driven by our values of pervasive integrity, collaborative teamwork and persistent innovation.

We fight poverty by building large-scale, profitable, thriving businesses in Africa which empower workers, uplift communities and delight our investors.

UPDATE FROM OUR FOUNDER, SCOTT FRIESEN:

Times like these cause us to stop, reflect and evaluate all of our motivations and endeavors.  For months, we’ve been preoccupied with the coronavirus and how it has changed most of our normal life rhythms, and now we’re seeing important conversations and protests around racial discrimination and social injustice.

I am reminded of why I first traveled to Ethiopia and why we ultimately started Verdant Frontiers – because all people have inherent worth and equal value regardless of gender, race or ethnicity.  This belief birthed our mission to fight poverty by investing our time, money and energy towards starting large-scale businesses in Africa which create jobs and enrich local communities.

All Verdant companies through our international and culturally-diverse teams share a common commitment of unwavering integrity, valuing all people and treating all people with respect. We oppose oppression, discrimination, racism and injustice in all its forms. We take great delight in the jobs that have been created to date and yet we’re reminded how much injustice and poverty continues to exist and that there is much work ahead to be done. We can do better. We’ll keep striving.

Our portfolio.

Verdant Ventures

International real estate development

Verdant Ventures is an emerging markets real estate development and management company whose mission is to provide high quality real estate projects across Africa meeting diplomatic and international standards creating satisfied customers, empowered workers, and delighted investors.

Verdant Consulting

Consulting

Specializing in solving business and social problems in tandem, we collaborate with leaders and entrepreneurs to start-up or scale purpose-driven businesses that accelerate Ethiopia’s industrial, agricultural, and technological transformation.

Massingir Citrus

Citrus production, packaging and export

Massingir Citrus will be a citrus growing, packing and global export business in Mozambique, creating life-changing impact for the local community and compelling returns for investors. 

Kizo Lodge

Mid-level hotel and restaurant

Mid-level hotel and restaurant targeted towards the thriving eco-tourism segment of those who come to visit the Kara, Hammar and Benna tribes surrounding the town of Turmi, Ethiopia where the lodge is located.

International Hospital Kampala

Medical imaging and radiology center

A medical imaging and radiology center. The center is open 365 days a year, and provides high quality medical imaging and diagnostic services for thousands of patients per year.

Verde Beef Processing

Beef production and processing

Feed production, cattle fattening and beef processing—first company in Ethiopia to successfully export beef growing to annual revenues of $7M and creating over 400 jobs.

The management team.

Scott Friesen

CEO

Scott is a serial entrepreneur who has started, grown, and sold companies since 1998. Having led operations, sales and technology, Scott has a track record of consistent growth and profitability.

Bruce Hamilton

Africa Director

Bruce, a native of Zimbabwe, has over 25 years of agricultural experience in Africa with specific experience in floriculture, tree nut and orchard crops, livestock, and grain, managing up to 10,000 staff and covering thousands of hectares.

Sarah Jackson

Africa Finance And Ops

Sarah is a Chartered Management Accountant who holds Master’s degrees in Development Management and International Studies. She has a strong understanding of the political and social context in Ethiopia and is experienced in raising debt, equity and grant financing.

Sherri Holland

Controller

Sherri has over several years of experience in the Controller/CFO roles. Her background includes founding, scaling profitably and selling businesses in the technology and media industries. She is a talented financial and operations leader who is able to successfully manage all aspects of a highly profitable business.

Emily Mihailoff

Investor Relations Manager

Emily has spent much or her career in IT, database and executive administration. She holds a BS and MS in mathematics. Her motivation, focus and passion for service enables her to bring unique dedication to her role.

Alex Stewart

General Counsel

Alex is an experienced corporate and commercial lawyer with extensive Africa experience. He provides legal and commercial support to Verdant and its portfolio companies.

The advisory board & advisors.

Shannon Sedgwick Davis

Advisory board member

Shannon is a passionate advocate for social justice around the world. As an attorney and activist, she sits on the board of several organizations including The Elders, Humanity United, TOMS, and charity: water.

Joey Feste

Advisory board member

Joey is the Senior Managing Partner of KM Capital Management, Ltd., a leading private wealth management firm focused on providing personalized comprehensive financial services to high net-worth professional athletes.

David McCormick

Advisory board member

David is the Chief Strategy and Growth Officer at Innovista Health Solutions and has extensive experience managing entrepreneurial ventures and applying technology to complex business issues as well as building teams.

Neil Portus

Advisor

Neil brings over 17 years financial leadership experience spanning Goldman Sachs in NY and operational experience as a startup founder, and as the CFO of an East Africa-focused infrastructure development firm.

The investment committee.

Seth Levine

Investment Committee Member

Seth is Co-Founder of Foundry Group, a venture capital firm that helps entrepreneurs and venture capital fund managers turn promising ideas into market-defining and market-leading businesses.

Mike Mulcahy

Investment Committee Member

Mike is the Founder of Kings Path Partners, a firm providing investment management and wealth services for families and foundations. In addition, he serves as the Strategic Financial Advisor to the H.E. Butt Foundation.