Africa50

Africa, Grand Casablanca, Morocco, Casablanca

Description

Africa50 is an infrastructure investment platform that develops and invests in bankable projects and mobilizing private sector funding.

Investor Profile

Africa50 has backed more than 3 startups, with 2 new investments in the last 12 months alone. The firm has led 3 rounds, about 100% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

Concentrates on Series C, Series A, Private Equity rounds (top funding stages).
Majority of deals are located in Kenya, Egypt.
Strong thematic focus on Information Services, Internet, ISP.
Led 2 rounds in the past year.

Stage Focus

Series C (33%)
Series A (33%)
Private Equity (33%)

Country Focus

Kenya (67%)
Egypt (33%)

Industry Focus

Information Services
Internet
Isp
Automotive
Electric Vehicle
Public Transportation
Transportation
Data Center
Data Management
Information Technology

FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Africa50 frequently co-invest with?

Trucks Venture Capital

Trucks Venture Capital

North America, California, United States, San Francisco

Co-Investments: 1

Seedstars Africa Ventures

Europe, Geneve, Switzerland, Carouge

Co-Investments: 1

SBI Investment

Asia, Chiba, Japan, Minato

Co-Investments: 1

susquehanna foundation

North America, Pennsylvania, United States, Bala Cynwyd

Co-Investments: 1

Moxxie Ventures

Moxxie Ventures

North America, California, United States, San Francisco

Co-Investments: 1

Novastar Ventures

Novastar Ventures

Africa, Nairobi Area, Kenya, Nairobi

Co-Investments: 2

Mobility 54

Europe, Pays de la Loire, France, Sablé

Co-Investments: 1

CFAO Kenya

Africa, Nairobi Area, Kenya, Nairobi

Co-Investments: 1

What are some of recent deals done by Africa50?

Raya Data Center

Gîza, Al Jizah, Egypt

Raya Data Center leads the regional data services industry by providing enterprises with new digital solutions.

Data CenterData ManagementInformation Technology

Private EquityDec 10, 2024

Amount Raised: $15,000,000

Nairobi, Nairobi Area, Kenya

BasiGo is an e-mobility company that offers a Pay-As-You-Drive model that allows local bus owners to access and operate electric buses.

AutomotiveElectric VehiclePublic TransportationTransportation

Series AOct 23, 2024

Amount Raised: $24,000,000

Nairobi, Nairobi Area, Kenya

Poa Internet provides affordable internet to individuals and small businesses in low-income and rural communities in East Africa.

Information ServicesInternetISP

Series CJan 18, 2022

Amount Raised: $28,000,000