About
The development layer behind Africa's next generation of infrastructure.
Eferio originates, structures and scales the platforms that capital, operators and governments need — and stays invested through the long term.
What we do
We build infrastructure ventures that institutional capital can back with confidence.
Eferio identifies essential infrastructure opportunities in Africa, structures them into investable platforms, and partners with operators, regulators and capital to bring them to scale.
Mission
Build the telecom, broadcasting and energy platforms Africa needs — and make them bankable.
Value creation
Combine development and transaction income with long-term equity participation in the platforms we build.
Our story
Fourteen years of building ventures.
Spot the gap. Build something new. Stay invested. From Android app stores to African infrastructure — the through-line has never changed.
- 2012
Founded
Richard Murbeck launches Eferio in the early days of Android, building alternative app and book stores.
- 2013–15
First exit
Launches the world's first Halal app and book store in Algeria. Exits via technology sale in 2015.
- 2017
Africa entry
Enters Kenya with Jørgen Gransøe joining as investor and co-founder of the African operation.
- 2018–20
Telecom foothold
Partners with Telkom Kenya on MVNE/MVNO infrastructure and expands into telecom and digital-transformation ventures.
- 2022
Malcel PLC
Acquires majority stake in the holder of Malawi's third national telecom license.
- 2025
Eferio Communications A/S
Reconstituted with 20+ investors and partners as a dedicated Africa-focused venture developer.
- 2026
Broadcasting & Energy
Broadens the platform beyond telecom into two new infrastructure verticals.
- By 2029
Own fund
Launching Eferio's own fund — the platform to scale the venture-development model.
Who we work with
One partner. Every stakeholder in the infrastructure chain.
We work with institutional investors, strategic operators, governments, regulators and supply-chain partners committed to building Africa's infrastructure backbone.
How we work
Four operating principles.
A focused model designed for the sectors where fragmentation, regulation and execution determine whether infrastructure gets built at all.
Capital-light venture development — we build the platform before we ask for the cheque.
Aligned with operators, governments and ecosystem partners at every stage.
Focused on essential infrastructure: connectivity, information distribution and energy.
Long-term ownership mindset — we stay invested in the platforms we build.
Contact
Ready to talk?
Whether you are deploying capital, partnering on a platform, regulating the sector or supplying it — we want to hear from you.
For investors, partners, governments and suppliers