Future Africa
VC
2019
$30 M
Lagos, Lagos, Nigeria
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
Future Africa is a venture capital firm based in Nigeria, founded in 2019. The firm focuses on investing in mission-driven founders who are building technology-enabled businesses across Africa. Future Africa aims to increase the continent's contribution to global GDP by supporting startups that address significant challenges while generating financial returns.
The firm offers a range of services to its portfolio companies, including capital deployment, coaching, and access to a community of advisors. Future Africa invests in various technology sectors, with a particular emphasis on financial services, communications, life sciences, business services, and consumer products. The firm operates exclusively in Africa, targeting startups in areas such as fintech, healthtech, and edtech.
Future Africa is guided by principles that emphasize courage, commitment to sustainable solutions, and collaboration. Its portfolio companies work on critical issues like payment infrastructure, agricultural supply chain optimization, and technology development, contributing to the growth of Africa's digital economy.
Industry
Region of investment
Future Africa Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Future Africa Fund I
|
Venture Capital (VC)
|
Edtech
Financial Services
Fintech
Food and Beverage
Foodtech
Media and Entertainment
SaaS
Software
|
Pre-seed
Seed
|
Africa
|
$5-10 m
|
$30 M
|
April 2020
|
|
Future Africa Fund II
|
Venture Capital (VC)
|
Digital
Education
Financial Services
Fintech
Food and Beverage
Foodtech
Media and Entertainment
HealthTech
Logistics
|
Pre-seed
Seed
|
Africa
|
$5-10 m
|
—
|
May 2022
|
