Africa’s Infrastructure Credit Platform

Capital Architecture for Africa’s Essential Infrastructure.

We originate, structure, and manage institutional-grade infrastructure
opportunities across Africa, combining operator-led equity with structured finance.

45M

Million transactions processed in 2025

$60M

Million annual throughput

1,800+

Assets on platform

1st

RWANDA MOBILITY ABS

The investment proposition

The missing infrastructure is often the system that makes capital move.

Open Space invests in and finances the operating, digital and physical infrastructure that delivers essential services and supports Africa’s productive economy.

Equity ownership

We acquire, build and scale critical infrastructure platforms with strategic importance, recurring revenues, high switching costs and strong underlying demand.

Structured finance

We build ring-fenced capital vehicles around cash-generating infrastructure assets and projects, connecting them to domestic and global institutional capital.

Two engines. One platform.

Investment strategies built to reinforce each other

Equity ownership and structured credit deployed across infrastructure operating platforms, projects and asset-backed investment vehicles.

01

Equity investments

Owning the platforms that power Africa’s essential infrastructure. We target infrastructure-grade businesses and operating platforms with high barriers to entry, recurring or contracted cash flows, regulatory alignment and strategic importance

02

Structured finance

Mobilising institutional capital into African infrastructure through asset-backed programmes, project and acquisition financing, off-balance-sheet SPVs and scalable capital-market structures.

Selected investments

Selected platforms and
transactions

Our portfolio spans infrastructure operating platforms, asset finance and capital-market structures built around real-economy assets and cash flows.

Flagship platform

AC Mobility

Public transport payments, fleet management, and automated vehicle-tracking platform with 75%+ market share in participating markets.

Equity

Portfolio company

OSC MX

Automated fare collection (AFC) and account-based ticketing (ABT) platform powering cashless public transport payments across East Africa.

Equity

Portfolio company

OSC Energy

Charging and depot infrastructure powering Africa’s electric bus fleet, built around contracted fleet demand and expanding into solar and storage.

Equity

Portfolio company

Jali Finance

Asset-finance platform providing structured credit to operators and productive infrastructure assets.

Credit

Portfolio company

KoiPay

Integrated digital platform connecting consumers and businesses to credit, asset finance, payments and commerce through a single transaction ecosystem.

Credit

Infrastructure sectors

Investing across essential infrastructure

Each subsector offers a different combination of operating-platform ownership, contracted cash flow, physical collateral and structured-credit potential.

–

Transportation & Mobility

Public transport, fleet infrastructure, logistics, EV fleets, charging and mobility systems.

–

Digital & Transaction Infrastructure

Payment rails, transaction processing, connectivity, data platforms, and digital systems supporting essential services.

–

Financial Infrastructure

Digital payments, settlement systems, asset-finance platforms, credit infrastructure and financial technology supporting productive activity.

–

Energy & Utilities

Distributed energy, renewable power, electricity transmission, charging infrastructure, water and utility systems.

–

Logistics & Trade Infrastructure

Freight, logistics networks, cold chain, warehousing and cross-border trade infrastructure.

Our Approach

Platform architecture, not passive capital.

I

Originate, acquire and anchor around infrastructure platforms and projects.

We originate and invest in infrastructure opportunities with essential demand, identifiable cash flows and the capacity to support long-term financing.

II

Separate operating infrastructure from capital vehicles.

We structure ring-fenced investment vehicles including project SPVs, asset-backed programs, participation structures and blended-finance vehicles.

III

Monetize infrastructure, not consumer acquisition. 

We prioritize contractual revenues, usage fees, transaction income, and asset cash flows over growth models dependent primarily on consumer acquisition.

The firm

Built in Africa. Structured for institutional capital.

Open Space Capital is an Africa-focused infrastructure investment platform headquartered in Kigali. We originate, structure and invest across infrastructure equity, private credit and capital market transactions.

We design capital structures that enable infrastructure sponsors, operators, banks and institutional investors to finance and scale essential assets and services.

“We invest where operating intelligence, financial structure and productive infrastructure meet.”

Our vision is to mobilise long-term capital into the infrastructure that powers Africa’s growth.

Meet Our Team

Founding Partner & CEO

Philip Kamau Gasaatura

Strategy, investment leadership and institutional partnerships.

Philip Gasatura is an investment and capital markets executive with more than 20 years of experience structuring finance, building investment platforms and mobilizing institutional capital across Africa and the United Kingdom.

More

He is Managing Director of Open Space Capital, where he leads investment structuring, fundraising, and transaction development, with a particular focus on private equity, securitization, and institutional investment vehicles.

His work includes structuring buyouts and growth investments, engaging pension funds and other institutional investors, and helping bring asset-backed investment structures to African capital markets.

Philip’s career spans investment banking, venture capital, public-sector investment development, and operating leadership. He has held senior roles at Citi, ABN Amro, and Royal Bank of Scotland in London, working across equity swaps, credit derivatives, and asset-backed securities. He later led major investment and innovation initiatives in Rwanda, including Kigali Innovation City and the Rwanda Innovation Fund.

He also established and led Katapult’s African investment platform, structuring and deploying early-stage funds and investing in food, climate, and technology ventures across the continent.

Philip brings deep expertise in blended finance, fund design, securitization, institutional capital mobilization, and financial innovation. He also serves as an Independent Director of Access Bank Rwanda and chairs its Board Risk Management Committee.

His work is defined by a consistent objective: building credible financial structures that connect African opportunities with long-term institutional capital

Co-Founder & CIO

Amon Munyaneza

Investment architecture, portfolio transformation and capital formation.

Amon Munyaneza is an investor, strategist, and entrepreneur focused on building capital structures and operating platforms that finance Africa’s productive economy, unlock scalable growth, strengthen enterprises, and expand long-term economic ownership.

More

At OSC, Amon leads investment architecture, portfolio transformation, and capital formation, helping convert operating businesses and real-economy cash flows into institutional-grade investment opportunities.

His work reflects a career spent moving between investment, entrepreneurship, and hands-on business transformation. He has advised, invested in, and helped build companies across financial services, mobility, technology, and emerging-market distribution, with particular experience in turning complex operating opportunities into scalable commercial and investment models.

Amon brings an unusual combination of financial discipline and operator thinking. Rather than viewing capital simply as funding, he approaches it as architecture: determining how ownership, incentives, cash flows, risk, and governance can be structured so that enterprises can grow sustainably and attract larger pools of capital.

He holds a Doctor of Business Administration, an MBA in Finance, and graduate training in management, and has worked across Africa, Europe, the United States, and Canada.

Underlying his investment work is a broader conviction that capital should strengthen productive capacity and create enduring ownership. Whether working with infrastructure platforms, growing enterprises, or asset-finance models, Amon’s focus is on building systems in which investment produces more than financial returns – it leaves behind stronger businesses, productive assets, and lasting economic participation.

Start a conversation

Let’s finance Africa’s infrastructure future.

For infrastructure financing, institutional partnerships, capital-markets transactions, investment opportunities and strategic collaboration

info@openspacecapital.co

Kigali, Rwanda
Open Space Capital on LinkedIn