Bambwa Group AB opens up for new investors from 15th Nov to 15th January 2019. For the next 6 weeks, Bambwa will be on the road to present an opportunity for new investors to join us! Our mission is to improve people’s quality of life by investing in high growth companies in the Nordics and Africa. WE WANT YOU, to join us in this lifetime opportunity.

1. NOV 2018
“Africa represents our fastest-growing region in the World.If you want to be relevant,
you need to be in
this part of the World.“
Dominic Barton
Global Managing DirectorMcKinsey & Company
PRIVATE PLACEMENT
The first Nordic - African
Venture Capital company
BAMBWA
G R O U P

2. INTRODUCTION TO BAMBWA GROUP
Integral to Bambwas strategy are eigth key goals:
Bambwa Group AB (Bambwa) is a venture capital firm (VC) that invests in African and Nordic growth companies seeking to
expand their operations across Africa and globally.
Based on our 30 years international VC and industrial experience, we have in the last year successfully established Bambwa in
the Nordics as well as in East and West Africa. We have now our own local senior management on the ground in Ghana, Liberia,
Kenya, Denmark, and Sweden. The first 3 investments are made and there is a promising pipeline with new opportunities.
Our mission is to improve people’s quality of life by investing in companies with high return and growth potential, using a
proven framework; The Bambwa Model (developed by 2M Invest), and our international network.
After our investment of USD 2.5 mill, by 54 Swedish, Daniash and US investors and our management, we are now doing a
Private Placement of USD 7-10 mill. The subscription period will be 15th November to 15th January 2019.
The market cap of Bambwa, pre money, is USD 2.5 mill.
Based on the growing interest we meet, from private investors, for investing in venture capital as well as in emerging markets,
and our expected financial performance, with a break even in 2020, we are actively working towards an IPO in 2020.
Strong stakeholder engagement and investor relationships have a high priority for Bambwa. We will continuously share
information about the growth in our portfolio and the development of the “New” Africa. Further, we will take part at
conferences, as well as partner in various government programs. From the feedback we receive, we expect the Bambwa share
to become very popular, both among retail investors as well as among institutions.
We would like to welcome you, as a new shareholder, on this mission and thereby support
our target to make impact by action.
Bambwa Group
Michael Mathiesen
President
YOU CAN JOIN US AS INVESTOR
Africa represents a fantastic future as well as some
very attractive low-hanging fruits. This has been
the main reason for China to invest an enormous
amount of money in Africa over the last 20 years.
Other super economies, like Korea,
are now following.
It is for similar reasons that we, over the last five
years, have seen thousands of Africans, who have
studied and worked abroad, have decided to go
back to Africa and “build their homeland”. Many of
them are going to be the ones who accelerate the
growth of Africa, support democracy, fight the
corruption and grow the business sector.
WE ARE ON A MISSION, WITH A VERY CLEAR TARGET!
5 731
2 6 84
Create value for
shareholders,
employees and society.
Integrate our portfolio
with our global
business network.
Promote sustainable
business practice in
portfolio companies.
Global Top 20% in
long-term venture
capital return.
Be an innovative / disruptive
business developer.
Be the preferred Venture
Capital partner in Africa.
Make an IPO of BAMBWA
within the next 1-3 years.
Create a yearly
IRR of 25%.
1. FUTURE HYPER GROWTH
TRUE SIZE
OF AFRICA
USA
China
India
Eastern
Europe
Germany
France
Spain
2015
Africa Asia Europe
Changes in Population
2100
1B
2B
3B
4B
5B

3. 2016 2018 2020
1.2
Billion
0
600
Million
Internet Users
Internet Users
Rapid adoption rates - Africa is going online
Mobile subscriptions
Mobile contribution to the total African economy
(In 2025 additional contribution ~$300 billion in productivity gains)
TODAY
7.7% OF GDP
2025
10% OF GDP
110 BILLION USD
300 BILLION USD
While Africa is “growing”in terms of human
resources, they are also adopting new and existing
technology at a very fast speed.
This is a boost and a game changer for Africa and
provides fertile ground for growth and economic
stimulation.
This proves a perfect match with
“The Bambwa Model”. Our tech know-how,
business experiences and local and
international network can be instrumental in
supporting the growth of the new Africa.
Fredua Dankwa Jr., COO Bambwa
2. HI-TECH AFRICA
Technology is being used in fresh and
exciting ways to stimulate and support
the burgeoning economies in Africa.
LEAPFROGGING IN AFRICA
DRONE DELIVERY OF HEALTHCARE PRODUCTS GIANT SOLAR FARMS INCREASINGLY COMMON
DRONES USED TO INNOVATE AGRICULTURE

4. 3. ONGOING EXECUTION FOR 30 YEARS
THE BAMBWA MODEL
The Bambwa Model originates from a
framework sucessfully used and
developed over a 30 year period by
international VC pioneer 2M Invest and
the Bambwa Management.
The business model combines
traditional elements such as portfolio
management, industry knowledge and
global network, with aspects applied by
business angels, such as active business
development through management
expertise and access to funding.
The local and global
Bambwa insider network
(inc. US and Asia) can be
leveraged by all portfolio
companies in order to
create vital development
shortcuts and yield new
business opportunities and
upgrade the management.
Bambwa’s investment directors
and partners support any portfolio
company within areas such as
Strategy, Business Development,
Organizational Development,
Sector Expertise, Financial
Controlling, Internationalisation
and, Exit Strategies.
Result: a highly effective
partnership in improving the
management team.
Bambwa’s mission is to improve
people’s quality of life by
investing in high growth
companies and creating impact
by action. We take a hands-on
active ownership approach and
leverage our international
network.
Investment opportunities exist when:
A) we have senior experience and insights in
the industry & technology,
B) we believe in the local and global market
potential.
C) we recognize an opportunity based on our
experience in similar ‘special situations’.
Eg. Expand management, internationalization
or IPO.
Any portfolio company will leverage the
extensive experience that Bambwa’s
management possesses within business
development and expansion.
Bambwa seeks to utilize the great potential that
exists in Intra-African trade, growing our
businesses across Africa as well as globally.
PORTFOLIO
COMPANY
EXPANSION
SUPPORT
EXECUTIVE
MANAGEMENT
EXTENSIVE
NETWORK
4. EXECUTIVE TEAM - GLOBAL LOCAL
Holds an MBA. Has worked as a certified public
accountant for over 30 years. Sold his company to
become full-time investor and board professional.
Håkan Hollerup
Chairman of the board
Strong mix of experience within venture
investments, global business development
within cleantech, life science, ITC and media.
Bo Koch-Christensen
Nordic Investment Director
Highly experienced in venture investment and dealing
with governmental affairs. Has an extensive
international network. Lived in Middle East and
Scandinavia for several years.
Kaliefah Soko Sackor
CEO of Bambwa Liberia
20 years experience in FMCG, telecom, marketing
and business development. More than 10 years in
doing business in Africa.
Mads Galsgaard
CEO of Bambwa Kenya
Ghanaian, holds a M.Sc. in Technology from Purdue
University (US). Possesses an extensive network and
local market expertise. Worked 20+ years in senior
positions in US.
Fredua Dankwa Jr. ‘KK’
COO of Bambwa Group and CEO of Bambwa Ghana
Experienced board member, venture capitalist
and entrepreneur. Been involved in 325+ int.
investments, 9 IPOs and 35+ trade sales.
Founder of 2M Invest.
Michael ‘Kofi’ Mathiesen
CEO
~30 years of international experience.
Known entrepreneur and VC. Former partner in 2M
Invest. Originator of significant laptop technology.
Robert Lee
CEO of Bambwa International
Deborah holds a B.Sc in Business Management from
London. She is an experienced business manager with
many years spent studying and working in Europe
and Africa.
Deborah Cudjoe
Executive Secretary, Bambwa Ghana
S U STAINAB
IL
ITY
KNOW
HOW
IN
T
E
R
NATION AL NETW
O
RK
SPECIAL
SITUATIONS
INDUSTRY
& TECH
MARKET
M
OTIVATION
G
LO
BAL FAMI LY
V
ISION
THE BAMBWA MODEL AND TEAM

5. BAMBWA GROUP - INTRODUCTION
Key to our setup is the multilateral relationship between the Nordics and East and West Africa:
Bambwa's ambition is to help the portfolio companies enter the Nordics and Western
world, extending the reach of their impact.
Local knowledge, presence and workforce give Bambwa local business
status across Nordics, East and West Africa. This has already resulted in a large number of
requests from Nordic companies and individuals, who want to invest in setting up African
businesses.
Bambwa will utilize the growing trend of Pan African/Intercontinental trade, based on our
multiple positions acrosss Africa. Intercontinental trade in Africa today is only 16% compared
to 70% in Europe.
KENYA
6. FOCUS SECTORS 7. FOCUS COUNTRIES
CLEANTECH MEDIA & ED-TECH
HEALTH AGRO & FMCG
Scaling stable
electricity with clean
efficient energy.
Unleashing Media,
Comm. and Education
both for mass and niche
markets.
- POP: 51 Mio.
- World Leader, mobile business
- Sophisticated entrepreneurship
- 67% of all PE funding in East
Africa in 2017
Utilizing mobile web
technology to redefine
access to healthcare.
- POP: 197 Mio
- #1 Wealth - Biggest business
opportunity in Africa
- 32% all African PE funding
between 2012-2017
- Stable Macroeconomic and
Investment Climate
Disrupting the value
chain, improve food
quality & security.
- POP: 57 Mio.
- #1 Sophisticated, Industrialized
- Mature retail market
- Well-developed infrastructure
- Most exits/IPOs in Africa
- Part of BRICS
GHANA
NIGERIA SOUTH AFRICA
KENYA
- POP: 29 Mio.
- #1 business environment
- Low political barriers
- Rich in Natural Resources
GHANA
THE NORDICS
BAMBWA
G R O U P
5. THE BAMBWA BRIDGES
8. AFRICAN CASES
Nordic-African Fan Milk
African-African’ M-Pesa Mobile money
Kinnevik
a Spin-off from the Danish Diary, Emborg, today a listed company and Market Leader in West Africa.
Founders and investors did an exit around USD 600 m in 2013.
Founded in 2007, in Kenya, now in 10 countries and processes 6 billion transactions (in 2016), very profitable
and hugely influencial in the region. A classic example of how Africa today is leapfrogging technology and
creating new sustainable business models. In comparison, mobile payment only recently took off in the Nordics;
ex Swish in Sweden (2012) and MobilePay in Denmark (2013).
Kinnevik understands well the opportunities in Africa. They own 38% of Millicom, a provider of cable and mobile
services in Africa. With 19,000 employees and services to approximately 51 million customers, Millicom is
valued at SEK 19.4bn. Another investment, BIMA, provides mobile-delivered insurance, with 26 million
customers, mainly in Africa. Valued at USD 92 m.
BAMBWA STRATEGY

6. Phase 1
USD 2.5m Invested
Phase 2
USD +7-10m Private Placement
Phase 3
USD +50-100m/IPO
Phase 4
IPO
Office: Sweden, Denmark,
Ghana, Liberia and Kenya
Local organization in all
countries.
Expand staff in the Nordics
and Africa
8-10 investments (Nordic
and African)
Expand deal flow
Initiate 5-8 international
venture alliances (EU, US, ASIA)
Build 10 new partnerships
in main countries
Financial Break EvenBusiness Model
Establishment
Scaling Growth
3 portfolio companies
Growing pipeline
2017- TODAY 2018 ULTIMO 2019 ULTIMO 2020
Office: South Africa and
Nigeria
Satellite Office: Tanzania,
Uganda, Ethiopia, Norway,
Finland
20 Investments (Nordic
and African)
Expand deal flow
Follow-up Investment
Scale venture alliances and
partnerships in operating
countries.
Bambwa will expand country offices in two phases:
In phase 2, Ghana and Kenya will serve as hubs for Bambwa’s activities
in West- and East Africa, respectively.
In phase 3, Bambwa will enter Nigeria and South Africa.
A recent survey among PE funds investing in Africa showed that 94%
of respondents expected to invest in Ghana in 2017 and forth, making
Ghana the most popular investment destination in West Africa for
new investments.
Equity investors find Nigeria very attractive. 32% of total African
PE investments between 2012-2017 happened in Nigeria.
South Africa is the most sophisticated and developed economy in Africa.
Kenya is at the forefront in three critical areas: (1) A conscious and
aggressive government program to develop a broadband infrastructure,
(2) two crucial innovations – mobile money and crowdsourcing platforms,
and (3) the development of a tech incubator and accelerator model for the
continent.
Liberia will serve as a test market due to its limited population, vast
natural resources and structural conditions which allows for e.g. a
nationwide roll-out of Unumed’s (Bambwa portfolio company) healthcare
IT system. 24 countries in Africa have a population of less than 10 million
people.
PHASE 2:
PHASE 3:
10. EXPANSION PLAN
9. ROADMAP
PHASE 2
PHASE 3
Nordics
Liberia
Nigeria
Ghana
South Africa
Kenya
MILESTONES AND ACTION PLAN

7. !"#$%&"'(
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Mission driven media company
making engaging, vital content.
COM4TZONE
Mobiletech & IoT
Nordic IoT smart home and security
software and hardware for home
automation in one easy-to-use app.
14. PIPELINE EXAMPLES
15. S-CURVE APPROACH
ECOFIBER
CleanTech & Agro
African eco-friendly coconut based
construction materials and
agriculture fertilizer products.
13. ACTIVE PORTFOLIO
UNUMED
Healthtech
Groundbreaking affordable
IT healthcare infrastructure
system for emerging markets.
BAMBWA MEDIA
MediaTech)
Mission driven media company
making engaging, vital content
for change-makers in society.
WHO’S WHO
Media & Education
Africa’s foremost directory,
networking & leadership
platform for future influencers.
Who’s
Who
Who’s
Who
START-UP
STAGE
SPROUT FIRST STAGE
BAMBWA’S FOCUS EXPANSION SUPPORT
SECOND STAGE THIRD STAGE BRIDGE STAGE
Several exit options exist along
the S-curve including trade sales,
mergers, local or international
IPOs, etc.
When further value creation from
Bambwa’s side is limited or when
a great opportunity arises, the
company will exit the investment.
EXIT OPTIONS
Companies at different stages
require different competences from
the Bambwa management.
Portfolio distribution along the
S-curve, ensures knowledge
sharing between the portfolio
companies and various Bambwa
executives.
BAMBWA’S RATIONALE
THE BAMBWA APPROACH
Bambwa follows a five-step investment process, to ensure the quality, plus the fit to The Bambwa Model.
11. INVESTMENT PROCESS AND DUE DILIGENCE
Early & Mid Stage
)%*+(%*,+(%-,(%.,'
10XInvestments mainly
via network and partners
Focus on early to mid
stages
Ensuring high quality
of Due Diligence
Acceptance of Active
Ownership
Evaluating multiple
exit options e.g. IPO
1. SOURCING 2. SCREENING 3. APPROVAL 4. BAMBWA “FIT” 5. EXIT
Early & Mid Stage
B. STAGEA.TARGET RETURN
E. TICKET SIZE
C. TARGET MARKETS D. INVESTMENT PERIOD
Potential >10X
USD 0.1m-1.5m
~10-40% ownership
Clear path to scale
within Africa, Nordics
or globally
CleanTech, EdTech,
HealthTech, MediaTech,
Agro & FMCG
Companies that seek
synergetic partnership
African and Nordic SMEs 2-6 Years
F. SCALABILITY G. FOCUS SECTORS H. ACTIVE PARTICIPATION
12. INVESTMENT CRITERIA

8. Michael Mathiesen
CONTACT INFO Impact
by Action
President
Phone
+46 73 978 77 64
Address
Klostergatan 3E,
222 22 Lund,
Sweden
Email
michael@bambwa.com
The Africa Investment Forum has ended. President of
the African Development Bank (AfDB), Akinwumi
Adesina described the outcome of US$32bn worth of
transactions as a big success.“I could not be happier
but we don’t want to congratulate ourselves.
The responsibility that lies on our shoulders is so huge.
This is just the beginning.” (Nov 9th 2018)
www.bambwagroup.com
NOV 2018
PRIVATE PLACEMENT
BAMBWA
G R O U P