IFU is a Danish development finance institution that provides financing to private-sector projects in developing countries. It offers equity, mezzanine, loans, debt and guarantees and often partners with Danish companies to establish new ventures, form joint ventures with local partners, or acquire existing businesses. It targets sectors such as climate, agribusiness, renewable energy, biofuels, commercial services and irrigation, and concentrates on projects in developing regions in Africa, Asia and Latin America. The fund typically takes board seats and aims to exit within five to seven years after repayment or sale, while also providing advisory services and potential additional financing. It supports small and medium-sized enterprises and blends development impact with investments. Founded in 1967 and headquartered in Copenhagen, it maintains offices across Asia, Europe and Africa to facilitate its activities.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable environmental and energy technologies in Sub-Saharan Africa. Founded in 2007, it targets growth across energy generation, energy efficiency, renewable energy, water treatment, waste management, green chemistry and related infrastructure, with a pan-African footprint that includes Southern Africa and other regional markets. The firm engages across multiple growth stages, often acting as a lead investor, and takes significant minority or majority stakes while providing advisory services. It relies on a multidisciplinary team with a track record of aligning development goals with commercial returns, leveraging a broad regional network to support portfolio companies and accelerate clean energy deployment and resource efficiency projects. Its presence spans offices in Africa and Europe, reflecting its pan-African reach.

Goodwell Investments is an impact investment firm headquartered in Amsterdam, the Netherlands, with teams in Kenya, Nigeria, and South Africa. It provides early- to growth-stage capital and business support to locally led, inclusive companies serving communities in sub-Saharan Africa and India. Its investment areas include financial services, agriculture, mobility, health, education, and energy.

Kepple Africa Ventures is a venture capital firm founded in 2019 and based in Tokyo, Japan, that provides seed-, early-, and later-stage financing to African startups, with a focus on information technology, fintech, and consumer sectors.

E Squared Investments is a South African venture capital and impact investment firm focused on high-growth, values-driven businesses and social enterprises in private capital markets. Established by Allan Gray, the firm offers direct investments, a Fund of Funds approach, and post-investment support to deliver commercial returns alongside measurable social impact, with emphasis on economic development and transformation. It provides strategic guidance to portfolio companies and engages in initiatives to promote responsible entrepreneurship across Africa.

Renew Capital is a pan-African venture capital firm investing in early-stage technology-driven companies across Africa. Based in Addis Ababa, Ethiopia, the firm supports founders with capital as well as management development and market-access assistance to accelerate growth. It focuses on impact and technology sectors and operates a blended finance model that engages development partners and a broad investor network to strengthen startup ecosystems and enable cross-border collaboration. The portfolio comprises numerous active and exited companies across multiple African markets, with the aim of fostering innovation, creating jobs, and delivering sustainable returns as startups scale.

TLG Capital is a private investment firm focused on Sub-Saharan Africa, offering private credit, growth capital and equity investments to SMEs across sectors such as healthcare, financial services, fintech, consumer goods, manufacturing and real estate. The firm supports minority and majority stakes, secondary opportunities and restructuring, and often seeks board representation to strengthen governance. It operates through a permanent capital vehicle dedicated to equity opportunities in SSA and maintains offices across Lagos, Accra, Johannesburg, Kampala, Port Louis, and London. Since 2009, it has completed numerous deals with backing from international investors, including institutions such as the IFC, World Bank, Swedfund and Bpifrance, and has structured hundreds of millions of dollars in transactions. Notable activity includes a healthcare and pharmaceutical plant in Uganda and healthcare facilities in West Africa, reflecting a focus on impact alongside financial returns. The firm positions itself to empower frontier market entrepreneurs and expand its private credit footprint across the region.

TLcom Capital is a technology-focused venture capital firm with offices in Lagos, Nairobi and London. Founded in 1999, it invests across Europe, the United States, Israel and Sub-Saharan Africa, with a particular emphasis on Africa as a prime market. The firm backs early- to growth-stage tech companies that offer disruptive solutions and solid intellectual property, supporting management teams with market insight and strategic guidance. Its investment themes span data services, financial services, e-commerce, consumer-facing applications across health, education, energy, media and entertainment, and enterprise software. TLcom seeks opportunities in startups delivering scalable technology platforms and competitive advantages, and manages multi-vehicle commitments to back world-class entrepreneurs and accelerate growth across continents.

Swedfund is Sweden’s development finance institution focused on reducing poverty through sustainable private-sector investments in developing markets. It finances and develops companies, supports private-sector growth toward inclusive, climate-resilient economies aligned with Agenda 2030, and provides project preparation funding through its Project Accelerator for public-sector initiatives. The organization concentrates its activities in Africa, Asia, and Latin America, as well as Eastern Europe, with projects such as Ukraine’s digitalisation and IT initiatives and energy-efficiency financing through the Africa Go Green Fund. It collaborates with the Swedish International Development Cooperation Agency to deepen strategic development financing and critical infrastructure initiatives, and it publishes annual and interim financial reports to demonstrate impact. Headquartered in Stockholm with a presence in Nairobi, Swedfund has a long-standing track record since 1979.

Gaia Impact Fund is an impact-focused investment firm that finances decentralized renewable energy solutions to provide affordable, clean power. It concentrates on Sub-Saharan Africa and Southeast Asia, while maintaining a global reach to accelerate the energy transition. The firm backs startups and projects that expand sustainable energy access for local communities, supporting innovative business models and technologies that diffuse renewable energy at scale in regions with carbon-intensive energy mixes. Based in Paris with a presence in Nairobi, Gaia Impact Fund seeks to deliver positive environmental and social outcomes alongside financial returns through long-term partnerships and rigorous impact assessment.

Persistent is an Africa-focused venture builder and climate-focused investor based in Nairobi, founded in 2012. It provides customized venture-building support alongside capital to early-stage companies across Sub-Saharan Africa, helping with corporate structuring, financial management, international expansion, and portfolio management. Through partnerships with portfolio companies such as Altech and Ecobodaa across Kenya, Tanzania, DRC, and South Africa, Persistent delivers operational improvements, strategic guidance, and fundraising assistance. The firm prioritizes climate impact, and its activities have fostered millions of lives, tens of thousands of jobs, and significant CO2 reductions in its portfolio, while focusing on underserved markets.

Norrsken22 is an investment firm that provides growth capital and strategic support to technology businesses across Africa. It is headquartered in Cape Town, with team members based in Johannesburg, Lagos, and Nairobi.

Ingressive Capital is a Pan-African venture capital firm investing in early-stage tech startups across Sub-Saharan and North Africa. It backs pre-seed and seed companies, typically allocating up to $500,000 for a minority stake, with a focus on fintech, software-as-a-service, cloud, internet, health tech, and agritech. Based in Lagos, Nigeria, the firm targets founders across key markets including Nigeria, Ghana, Egypt, Morocco, and Kenya, and emphasizes active partnership, operational support, and strategic introductions to accelerate growth. Its approach centers on solving local problems with global impact, supporting indigenous entrepreneurs to build scalable, tech-enabled businesses that contribute to Africa's expanding digital economy. As a Pan-African investor, it pursues early-stage opportunities with both B2C and B2B models, aiming to be a valuable founder partner and accelerator of value across the continent.

Silvertree Internet Holdings is a South Africa-based holding and operating company that conceives, launches, operates, and invests in early- and mid-stage businesses targeting South Africa and Sub-Saharan Africa. It relies on technology to reach African consumers, focusing on simple or proven business models with clear revenue streams that leverage mobile and Internet opportunities in growing markets. The company structures its operating brands into verticals and pursues large, growing but inefficient sectors, using technology to leapfrog traditional channels. It emphasizes capital efficiency and operational discipline, grows its brands through rapid expansion while developing new ventures and acquiring existing ones. Through operational synergies and sharing best practices, Silvertree Internet Holdings aims to enhance performance across its portfolio.

VestedWorld is a Chicago-based venture capital firm that invests in high-growth companies across Sub-Saharan Africa, with a focus on agribusiness, consumer products and services, and technology-enabled businesses. The firm aims to partner with entrepreneurs by providing capital and active involvement in governance, strategy, and operations to accelerate growth and deliver strong financial returns for investors while contributing to regional development. Its portfolio includes companies in markets such as Ghana, Kenya, and Nigeria, with broader opportunities across Ethiopia, Rwanda, Tanzania, and Uganda. Since its founding in 2014, VestedWorld has built a portfolio of more than 30 companies and has invested over $20 million, underscoring a commitment to scaling operations and creating positive social impact in emerging markets.

Launch Africa Ventures is a Pan-African venture capital firm founded in 2020 and based in Ebene, Mauritius. It concentrates on early-stage funding for Seed and pre-Series A startups across Africa, supporting portfolio companies through venture-building and active partnerships. The firm has invested over US$31 million in 133 startups across 22 countries, drawn from a first fund that raised just over US$36 million. Its sector focus spans fintech, healthtech, climate tech, agritech, edtech, transportation and logistics, mobility, e-commerce, software as a service, artificial intelligence, and big data and analytics. By facilitating capital access and constructive relationships, Launch Africa Ventures aims to accelerate innovation and drive economic growth across the continent.

Lateral Frontiers is a New York-based venture capital firm founded in 2017 that invests in early and growth-stage technology companies across Sub-Saharan Africa and the Global South. It combines a structured investment process and local expertise with international venture capital practices, offering proactive support in due diligence, fundraising and market entry. The portfolio spans fintech, cleantech and other technology sectors, with companies such as Ejara, Kashier, Carry1st, Vibra Wattnow, and others.

GreenHouse Capital is the corporate venture capital arm of Venture Garden Group, based in Ikeja, Nigeria. Founded in 2016, it invests in fintech and big data startups in sub-Saharan Africa as well as foreign startups targeting the African market.

Quona Capital is a venture capital firm focused on financial technology and financial inclusion in emerging markets. It backs startups that expand access to financial services for underserved consumers and small and medium-sized enterprises across Sub-Saharan Africa, Latin America, and Asia, with emphasis on India and Southeast Asia. The firm participates across multiple stages from early and seed to growth, investing in fintech products and services such as digital lending, payments, remittances, insurance, and related platforms that broaden distribution, increase efficiency, and widen service reach. Quona emphasizes active involvement in its portfolio and supports ventures that improve affordability and access to financial services, often for populations with limited or no formal banking. The firm's work has reached millions of customers through its portfolio and aims to drive inclusive growth by enabling sustainable digital finance ecosystems.

Emerging Africa & Asia Infrastructure Fund is a lender headquartered in Ebene, Mauritius, founded in 2002. It provides long-term commercial debt and related financing instruments to infrastructure projects in Africa and Asia, with a focus on private sector ventures. The fund finances sectors including social infrastructure, transmission and distribution, renewable energy and other energy projects, digital communications infrastructure, logistics and warehousing, bulk storage, transportation, and infrastructure supporting agriculture and mining. It operates within the Private Infrastructure Development Group and seeks to support private sector infrastructure across sub-Saharan Africa and beyond.

Savannah Fund is a pan-African seed and early-stage technology investor and accelerator based in Ebene, Mauritius. It funds high-growth startups across sub-Saharan Africa, especially in web and mobile technology, with a focus on sectors such as agtech, e-commerce, fintech, edtech, enterprise software, healthcare, and logistics. Typical seed investments range from 25,000 to 500,000 dollars, and Savannah Accelerator in Nairobi runs a three-month program funding up to five startups at roughly 20,000–30,000 dollars for an equity stake of 12 percent, with opportunities for co-investment. The organization provides mentorship and access to networks in Africa and Silicon Valley and has backing from international investors, including IFC and Draper, who co-led its second seed fund, a 25 million dollar vehicle. Since its founding in 2011, Savannah Fund has supported more than 25 portfolio companies and continues to expand its activity through multiple funds, aiming to bridge the early-stage funding gap and help African technology ventures scale regionally and globally.

EchoVC Partners is a Lagos-headquartered venture capital firm founded in 2011 that funds seed and early-stage technology companies across Africa, Europe, and North America, with a focus on Sub-Saharan markets and underserved geographies. The firm backs technology-driven ideas across sectors including internet platforms, data and analytics, semantic technologies, ambient sensing, e-commerce, digital media, software and health tech, and fintech, taking a sector-agnostic, technology-first approach. It prioritizes underrepresented founders and aims to support portfolio companies through growth, partnerships, and knowledge exchange. Investment sizes vary widely, from tens of thousands to several millions of dollars depending on stage and capital needs. EchoVC operates with offices in Africa, the United States, and the United Kingdom, and emphasizes cross-border collaboration and inclusive entrepreneurship as part of its investment philosophy.

Musa Capital Advisors is a private equity and financial advisory firm focused on mid-market opportunities across Africa. It pursues investments in telecommunications, natural resources, mining and related services, infrastructure development, financial services including consumer finance, renewable energy, agri-business processing, FMCG, consumer goods and retail, as well as property development and housing construction. The firm emphasizes taking majority or significant minority stakes (roughly 30-80% ownership) and uses debt, mezzanine, equity and quasi-equity instruments. Typical equity investments range from about $0.5 million to $10 million, with enterprise values up to $300 million and EBITDA up to $100 million. It also provides investment advisory services and aims to deploy capital in Africa, the United States, the Caribbean, and Latin America, with a focus on Sub-Saharan Africa, West Africa and South Africa. Founded in 1995, Musa Capital Advisors is headquartered in Johannesburg, South Africa, with an additional office in New York.

Athena Capital is a private equity investment firm based in Cape Town, South Africa, with additional offices in Johannesburg and London. It focuses on growth and innovation, investing in sectors including fast-moving consumer goods, business services, and inclusive tech-enabled financial services, with a preference for opportunities in Sub-Saharan Africa. The firm supports its portfolio companies with operational, strategic and financial resources and seeks board representation. Its investment activity spans early-stage to growth scenarios, including platform acquisitions, and it maintains a track record across notable companies such as Vida, JUMO, Zibo Containers and Kwikspace. In addition to its core investment business, Athena Capital operates an advisory arm offering private equity and debt and equity finance advisory services, including services to residential property clients. The firm emphasizes responsible investment and leverages a network of sector experts to accelerate growth.

Crossfin Technology is a growth and expansion investment firm based in Cape Town, South Africa, focusing on fintech and related information technology and financial services sectors. The company seeks to invest in high-growth and established cash-generative businesses, offering investors a blended exposure to technology investments in fintech. It operates primarily in Africa, with offices in Durban and Johannesburg, and targets companies in the information technology and financial services sectors. Through its fintech investments, Crossfin aims to enable growth for economies in Africa and beyond by supporting scalable, cash-generative businesses.

Factor E is an impact investing firm focused on accelerating climate technologies in emerging markets by connecting innovators with the markets they serve. The firm targets early-stage companies across mobility, sustainable agriculture, energy, water, and related sectors in Sub-Saharan Africa and other developing regions, with a history rooted in Fort Collins, Colorado. It pursues a Think, Do, Learn approach through Factor E Labs and Ventures, and builds partnerships with organizations such as Shell Foundation, GEAPP, and universities to scale solutions. Through its portfolio and activities, Factor E aims to create jobs and reduce greenhouse gas emissions, reporting thousands of direct jobs and substantial emissions reductions across dozens of countries. It also functions as a conduit between philanthropic and commercial capital to align funding with market incentives for climate outcomes.

KBW Ventures is a venture capital firm that focuses on venture and growth investments in technology-enabled companies across sectors such as food tech, artificial intelligence, blockchain, fintech, biotech, Web3, gaming, and SaaS. With a global footprint and offices in multiple major cities, the firm collaborates with portfolio companies to accelerate value creation and sustainable growth. Led by Prince Khaled bin Alwaleed bin Talal Al Saud, KBW Ventures pursues opportunities that align with clean energy, healthy living, and innovative technologies, often leveraging AI-powered platforms and asset protection tools to support portfolio companies. Notable investments include Upside Foods, Zipline, Mythical Games, and BlueNalu, reflecting emphasis on disruptive platforms and scalable business models. The firm positions itself as a global investor with a network designed to help portfolio companies scale internationally.

Timon Capital is a venture capital firm headquartered in Lagos, Nigeria, with an office in New York. Founded in 2018, it focuses on technology-driven startups at seed and early stages, with growth-stage equity financing globally. The firm targets companies reshaping markets in Sub-Saharan Africa and beyond and supports founders by participating in initial institutional financings for ventures with functional products and early traction.

The Raba Partnership is a venture capital firm based in Cape Town, South Africa, focused on African technology companies in logistics, supply chains, and financial services. It partners with founders building technology companies that tackle hard problems in emerging African ecosystems and is backed by a select group of venture capitalists, technology entrepreneurs, and families with global business experience.

Investisseurs & Partenaires is an impact investment firm focused on Africa. Founded in 2002, it provides long-term capital and strategic, managerial, and technical support to small and medium-sized enterprises across Sub-Saharan Africa. The firm targets multiple sectors, aims to create local value, long-term employment and measurable social, environmental and governance impact. It builds long-term partnerships with entrepreneurs to strengthen business strategy, governance and operations. I&P maintains a pan-African footprint with offices in several countries and manages multiple cross-border investment funds that finance growth initiatives and electricity access projects. Through its investments, the firm seeks to maximize sustainable development outcomes on the continent.

HAVAÍC is a venture capital firm that backs early-stage, high-growth technology businesses and scalable ventures across Africa, with a base in Cape Town and active involvement in South Africa, Nigeria and Kenya. The firm provides strategic support, capital raising expertise and advisory services to startups, and connects sophisticated investors and international venture capital firms with opportunities in Africa. By combining local market knowledge with a global perspective, HAVAÍC aims to help portfolio companies scale locally and expand internationally, leveraging its networks to facilitate fundraising, partnerships and go-to-market development.

Sunu Capital is a Nairobi-based venture capital firm focusing on early-stage investments in companies across the global south. It seeks to back ventures that aim to create a more prosperous, inclusive, and self-sustaining future, providing tailored capital and leveraging its network to help portfolio companies grow, access follow-on funding, and seize opportunities. The firm emphasizes swift and responsive engagement and commits to long-term partnerships with founders to support growth and scale.

Africa Media Ventures Fund is a venture capital firm headquartered in Almere, Netherlands, that invests in media-focused ventures and small to mid-sized African media companies, providing capital and business development support, with investments typically between 20,000 and 200,000. It focuses on sub-Saharan Africa, particularly Kenya and Ghana, and its investors are experienced media entrepreneurs who participate in the management of portfolio companies through visits and board roles.

KawiSafi is an investment firm focused on democratizing access to clean and affordable energy in sub-Saharan Africa, where millions lack reliable grid connectivity and rely on polluting fuels. The firm champions decentralized renewable energy solutions and leverages mobile payments to enable rapid, cost-effective deployment to off-grid communities. It actively invests in innovative, high-growth companies across the entire off-grid energy ecosystem, aiming to catalyze sector growth, attract further investment, and broaden opportunity for communities. Based in Nairobi, Kenya, KawiSafi provides patient capital and collaborative support to help portfolio companies scale and contribute to a low-carbon economy.

Africa Angels Network is a venture capital firm based in Cape Town, South Africa, that focuses on investing in startups, primarily within the technology sector. The firm targets companies located in Sub-Saharan Africa, aiming to support and nurture innovative entrepreneurial ventures in the region. Through its investments, Africa Angels Network seeks to contribute to the growth of the tech ecosystem in Africa, fostering development and creating opportunities for emerging businesses.

Knife Capital is a venture capital firm headquartered in Cape Town, South Africa, with an office in London. It accelerates the international expansion of African innovation-driven businesses by leveraging knowledge, networks, and funding. The firm supports portfolio companies with strategic guidance, access to global partners, and capital to scale into new markets, particularly in technology-enabled sectors. Knife Capital maintains an active investment approach and has facilitated exits to major corporates, reflecting its ability to drive growth and global reach for its ventures.

Energy Access Ventures advises on investments aimed at improving access to sustainable energy in Sub-Saharan Africa.

Founded in 2019 and headquartered in Cape Town, South Africa, Enygma Ventures invests in women-led companies across the Southern African Development Community (SADC) region. It provides flexible financing and tailored business support, including access to expertise, mentors, and local and international markets.

Kukula Capital is a Lusaka-based investment firm specializing in venture finance and private equity. It operates through fund management and advisory services, investing in small and growing businesses in Zambia and the region with capital and strategic guidance. The firm leverages local networks to identify opportunities, supports portfolio companies with governance and market insight, and offers transaction advisory, asset management, market research, and due diligence work for institutional investors. With regional reach across Sub-Saharan Africa, it has deployed over $37 million in direct investments across around 15 portfolio companies, reflecting a focus on sustainable growth and capital stewardship.

L5lab is a Lagos, Nigeria-based venture platform that supports early-stage tech companies across Africa. It participates in seed-stage investments and provides portfolio companies with strategic management support, mentorship, financing, office space, and administrative services, while collaborating with accelerator programs such as 440NG. Through international partnerships, it aims to extend proven business models into West Africa and the broader Sub-Saharan region, assisting management teams in raising growth capital and scaling operations.

Ajim Capital is a venture capital firm founded in 2022 and based in Austin, Texas, that backs early-stage technology companies building core infrastructure and B2B software across Sub-Saharan Africa. The firm focuses on pre-seed and seed rounds, investing in sectors such as fintech, logistics, vertical SaaS, AI, and developer tools, with an emphasis on Africa’s digital transformation. Ajim Capital pursues a founder-first approach, providing direct support and access to a global network of investors, partners, and operators, to help portfolio companies scale in markets characterized by rapid growth and unique challenges.

Spice Private Equity is an investment company headquartered in Zug, Switzerland, focused on private equity investments in growth-oriented companies. It operates across Asia-Pacific, Sub-Saharan Africa, and Latin America, investing directly and alongside other investors in privately held and publicly listed businesses.

TEAMFund is an impact investor and advisor transforming global access to MedTech and digital health innovations, initially focusing on India and Sub-Saharan Africa to serve resource-constrained populations. It operates a hybrid model that pairs a for-profit impact investment fund with nonprofit programming informed by rigorous research, delivering wraparound expertise to help health tech innovators succeed. The organization is supported by more than 80 executive-level advisors. Its impact to date includes 107.3 million patients impacted and 153.6 million services delivered across 148 countries, demonstrating the potential of its digital-first solutions for non-communicable diseases in underserved regions. TEAMFund offers investments, grants, mentorship, and incubator opportunities to MedTech and digital health innovators to build sustainable ecosystems worldwide. It is based in Reston, Virginia.

Sathguru Catalyser Advisors is the asset management company for the Innovation in Food & Agriculture Fund, focusing on investments in innovation-driven growth enterprises within the food and agriculture sectors. As the venture capital arm of Sathguru Management Consultants, the firm specializes in early-stage and growth capital, targeting companies that use technology to address food, nutrition, and agricultural challenges. Its investments cover energy, industrials, environmental and facilities services, agricultural products, and life sciences tools and services, with emphasis on crop yield and trait improvement, animal and human nutrition, and value-added food ingredients. The firm prefers opportunities in India and also pursues opportunities across North and Sub-Saharan Africa and the Asia-Pacific region, typically committing around eight million dollars for minority equity stakes. Based in Hyderabad, India.

Assiduity Capital is a venture capital firm based in Amsterdam, Netherlands, that invests in healthcare-focused companies. The firm pursues opportunities across Sub-Saharan Africa, supporting healthcare enterprises in the region.

Berkeley Energy is an infrastructure-focused investor, developer and operator of renewable power assets in developing markets. Founded in 2007, the firm provides engineering, project management and financial support to renewable projects and partner companies to deliver profitable clean energy. It positions itself as a bankable sponsor for renewable power initiatives and operates across multiple countries in regions such as Asia Pacific and Sub-Saharan Africa.

88mph is a seed fund and accelerator that invests in early-stage web and mobile startups targeting African markets. It runs a three-month accelerator program and provides seed funding and incubator services, typically offering up to $100,000 per startup and potential follow-on finance. The firm focuses on mobile-web enabled businesses across Africa, with activity in English-speaking countries and offices in Nairobi, Kenya, and Cape Town, South Africa. It supports entrepreneurs through product, go-to-market, sales, hiring, funding options, and scalability guidance, drawing on a network of mentors and partners to assist portfolio companies. It aims to foster innovation in the African tech ecosystem from Nairobi to Lagos.

4Di Capital is a Cape Town-based venture capital firm specializing in seed and early-stage technology companies in Southern Africa. It emphasizes nurture capital and entrepreneur-friendly finance, pairing funding with mentorship and access to networks to help startups reach scale. The firm seeks founder teams with strong passion, domain expertise and insights into large market problems, and targets opportunities in mobile, enterprise software and web sectors, often supporting ventures through their early growth to broader markets. Since its founding in 2009, 4Di Capital has backed numerous African startups across multiple countries, aiming to empower entrepreneurs to build global businesses.

Uncovered Fund is a venture capital firm focused on backing early‑stage startups in emerging markets. Founded in 2019 and based in Tokyo, Japan, the firm invests across sectors including energy access, fintech, retail, logistics, mobility, climate tech, health tech, MaaS, agritech, and smart cities, with a portfolio spanning multiple countries in Africa such as Kenya, Nigeria, South Africa, and Egypt. The firm supports startups that leverage technology to build infrastructure and improve regional livelihoods, pursuing open innovation and sustainable development in underserved markets.

AlphaCode is a South Africa-based organization founded in 2015 that operates as a venture capital investment firm and a collaborative ecosystem for financial services entrepreneurs. Based in Johannesburg, it seeks to invest in sectors including education, financial services, healthcare, information technology, and agriculture technology across Africa. It connects entrepreneurs, intrapreneurs, industry experts, thought leaders, and partner organizations to share knowledge and develop insights, with the aim of transforming the financial services industry and fostering a world-class financial services ecosystem.