VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
ASC VC
Venture Capital
ASC VC invests in early-stage African tech startups. They participated in a pre-Series A round for Jetstream Africa, a logistics platform based in Ghana. The firm focuses on companies that broaden reach and improve service offerings, particularly in logistics and financing.
Alliance4ai.org
Alliance4ai.org invests in early-stage African tech startups. They focus on companies leveraging AI to solve challenges in various sectors. Their investment in 3Farmate, a Ghanaian company developing AI-powered robots for agriculture, exemplifies their focus on innovative solutions for crop production and farmer empowerment.
Golden Palm
Golden Palm is an investor that participated in the pre-Series A funding round of Jetstream Africa, a logistics platform based in Ghana. Jetstream enables businesses to book and monitor logistics, financing, insurance, and other trade support services online. Golden Palm's investment will help Jetstream broaden its reach and improve its service offerings.
Injaro Investment Advisors
Injaro Investment Advisors invests in companies like Zeepay to fuel their expansion efforts across multiple countries and reinforce their presence in new markets. They focus on providing financial services, enabling users to make cross-border payments directly into mobile wallets, serving regions in Africa and the Caribbean.
Jeremie Frimpong
Jeremie Frimpong invests in early-stage African tech startups. So far, he has invested in a Ghanaian tech talent startup, Remoteli, to scale their operations and launch the “Pathways Project ” for young footballers.
Mest Africa Challenge
Mest Africa Challenge (MAC) awards prize money to startups. They awarded SAYeTECH, a Ghanaian company specializing in manufacturing agricultural machinery tailored to African farming practices, a $50,000 prize to scale their product and increase production capacity.
STEMeIn
STEMeIn is a venture capital firm that participated in the pre-seed funding round of SecondSTAX, a Ghanaian fintech startup. SecondSTAX is building a platform for trading debt and equity securities on African bond and stock markets, initially launching in Ghana and Kenya.
Stanbic Bank Ghana
Stanbic Bank Ghana invests in African tech companies. They participated in Fido's $30 million Series B round, which included both debt and equity. Fido is a financial services company providing digital financial products, including mobile-based loans, savings, and bill payments, primarily targeting individuals and MSMEs.
The Wangara Green Ventures
Review pending
Wangara Green Ventures
Wangara Green Ventures invests in early-stage companies focused on sustainable energy and resource efficiency in Africa. They target businesses that address climate change and promote environmental sustainability through innovative technologies and business models. They support ventures that have the potential for significant environmental and social impact alongside financial returns.
