Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Comoros, Côte d'Ivoire, Djibouti, Eritrea, Eswatini, Ethiopia, Gambia, Ghana, Guinea, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Réunion, Rwanda, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Tanzania, United Republic of, Togo, Uganda, Zambia, Zimbabwe
Africa is home to over 1 billion people and many of the fastest growing countries. At the same time, the majority of Africans continue to live on less than $8 a day. The Internet and mobile technology have played a critical role in driving economic development. Mobile ownership, access to the Internet, and smartphone penetration will continue to rise dramatically in the coming years. This creates massive opportunity for investments into innovative entrepreneurs to develop transformative solutions for African consumers and businesses.
Africa Tech Ventures (ATV) is founded by a group of passionate investors and entrepreneurs with a solid track record of doing business and investing in Africa. We believe that scalable innovative businesses are the drivers to economic growth and prosperity and that technology can accelerate the pace at which people gain access to essential goods and services. By providing equity capital, hands-on support and access to our networks in East Africa, we aim to accelerate the growth and scalability of these innovative tech-enabled businesses.
Africa Tech Ventures invests in the growth of high potential start-ups in Sub-Sahara Africa. We focus on companies that increase access to essential goods and services for African consumers or provide solutions that help businesses access markets and financial services. Technology plays a critical role in achieving scale and efficiency for all our investee companies. We invest between USD 100,000 and USD 5mio, in exchange for a significant minority equity stake and can participate in multiple financing rounds.