Africa’s startup financing has improved. Since 2015, thousands of investors — angels, VC and PE companies, credit institutions, HNWIs, family offices, accelerators, incubators, development financing institutions, non-profits, etc. — have invested in the continent’s startup ecosystem. In sketching this list of the newest investors in African tech startups, what was most noticeable was the rise of new ecosystem funds in the past year, between January 2021 and May 30 2022.
As more of Africa migrates to the internet due to the coronavirus pandemic, more funds of this type are projected to emerge.
Read also Ugandan Investment Platform XENO Raises $2M Seed Funding Round
The list below, containing over 600 investors in African startups, covers only reported investors.
Because of the nature of startups, venture capital firms are favoured over other investors.
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Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh