Prospero Limited is a recognized non-profit organization in Zambia that focuses on fostering inclusive economic development and the expansion of the private sector.
Prospero Limited was established in 2015 with a vision to drive inclusive and sustainable economic growth through innovation, investment, and empowerment. Prospero specializes in market system development, small and medium business (SME) strengthening, and investment facilitation across several key economic sectors, including food and agriculture, tourism, manufacturing and mining services, and business and investment services, with a particular emphasis on climate-smart solutions and gender. We have developed a strategy for private sector-led growth at the nexus of facilitating SME investment and developing market mechanisms.
We assist SMEs in obtaining funding to launch new goods, services, or business plans that will boost their bottom line and have a beneficial, wider effect on sector value chains. We support growth-oriented companies at every stage of their development, from impact-driven venture capital to co-financed innovation grants and technical assistance. We have teams that specialize in a number of important economic areas, including business services, industry and manufacturing, tourism and conservation, and food and agriculture.
To open up growth prospects for many SMEs, Prospero assists both public and private sector organizations in lowering obstacles to market access and addressing barriers to effective market involvement. To ensure that the advantages of business innovation are distributed as broadly as possible, we also work with MSMEs to assist them in taking advantage of these new prospects.
Prospero prioritizes:
This complementary pipeline-building strategy helps growth-stage companies throughout our portfolio transition from high-risk, early-stage grant funding to preparedness for different forms of commercial financing suitable for each company’s growth stage.
We drive SME growth through two key pillars:
We back partners investing in sustainable, market-ready SMEs—built on the Five C’s: