Oui Capital’s Post

Early-stage African investor Oui Capital has achieved a remarkable milestone by returning its entire $4 million debut fund through a partial exit from fintech unicorn Moniepoint Group. The firm's initial $150,000 investment generated an impressive $8 million return, showcasing the potential for high returns in African fintech. This success story stands out in Africa's growing tech ecosystem, where Oui Capital joins a select group of pan-African investors who have successfully returned their first funds.

Another valuable share about liquid VCs. Check it out 👇👇👇👇 Thanks for great work Amy Lewin and the team of Sifted, now and always! #VC #liquidity #deployment #funding #fundraising #capital

The number of active VCs in Europe has dropped by 30% in the last two years. There may be more zombie funds on the horizon, particularly as LPs grow impatient for returns. https://bit.ly/3PE76JO

The number of active VCs in Europe has dropped by 30% in the last two years. There may be more zombie funds on the horizon, particularly as LPs grow impatient for returns. https://bit.ly/3PE76JO

The number of active VCs in Europe has dropped by 30% in the last two years. There may be more zombie funds on the horizon, particularly as LPs grow impatient for returns. https://bit.ly/3PE76JO

The number of active VCs in Europe has dropped by 30% in the last two years

🌍 𝐓𝐡𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐃𝐞𝐛𝐚𝐭𝐞: 𝐋𝐨𝐜𝐚𝐥 𝐯𝐬. 𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 💰 The conversation around who gets funded in Africa’s startup ecosystem continues—especially the disproportionate funding foreign founders receive. Rosanne Whalley, CEO of AHL Venture Partners offers a key insight: investors fund trust. 🚀 Investing isn’t just about the business model; it’s a relationship game built over multiple touch points. The stronger the trust, the higher the chances of investment. 💡 So, how can African founders bridge this gap and build lasting investor relationships? What’s your take? 👇🏾 🔗 https://lnkd.in/dVYwenGu

The number of active VCs in Europe has dropped by 30% in the last two years. There may be more zombie funds on the horizon — particularly as LPs grow impatient for returns.

What a discussion! Loved the article, and the conversation was even better. In addition to highlighting how fund construction is more critical here than anywhere else and expecting fewer but more impactful S-Curves than in Silicon Valley, we also looked at how local capital can provide great context and complement external investments. Huge thanks to Stephen, the A&A Collective, and everyone who joined! Special shoutout to Tracy, Lucia, and Amos for the support in prepping for this 😉. Amazing insights from an amazing community. The link to the first article is in the comments and stay tuned for part 2! 🥳 #Africa #VentureCapital

Here's a recap/roundup of what happened in Week 27 2024 (Jun 30 - Jul 6) across Africa's tech and startup ecosystem: https://lnkd.in/dvgku8CK 𝗦𝗧𝗔𝗥𝗧𝗨𝗣 𝗙𝗨𝗡𝗗𝗥𝗔𝗜𝗦𝗜𝗡𝗚 • Six financing transactions totaling over $30M in disclosed funding were announced. 𝗠𝗘𝗥𝗚𝗘𝗥𝗦 & 𝗔𝗖𝗤𝗨𝗜𝗦𝗜𝗧𝗜𝗢𝗡𝗦 • Three M&A deals were announced, including the merger of Kenyan digital background check platform Peleza International with Nigerian identity verification & digital KYC platform Prembly. 𝗧𝗛𝗜𝗦 𝗪𝗘𝗘𝗞 𝗜𝗡 𝗕𝗥𝗜𝗘𝗙 • Details are now available about what happened behind the scenes at shuttered African crypto firm Mara. • Copia Global is officially abandoned efforts to revive its Kenya business and began the liquidation process. 𝗜𝗡𝗩𝗘𝗦𝗧𝗢𝗥 𝗔𝗖𝗧𝗜𝗩𝗜𝗧𝗬 • Go Big Partners secured a ~$4.9M (€4.5M) commitment from ANAVA Fund of Funds for its inaugural Go Live Fund. • Apis Partners secured a $20M commitment from Norfund for its Apis Growth Markets Fund III. • The U.S. International Development Finance Corporation (DFC) is considering a $10M investment in Janngo.africa. • Chanzo Capital launched the Chanzo ONESPACE Startup and Scaleup Accelerator (COSSA) program. 𝗥𝗘𝗔𝗗𝗦 𝗢𝗙 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 • Afridigest published 'Lipaworld: Digital remittances for the global African diaspora' - https://lnkd.in/dWvtAdaw • Edwin Obonyo and Claudia Zeisberger write 'How Africa can embrace venture capital' - https://lnkd.in/dQmRpZmN • Moniepoint Group published 'The informal economy report 2024' — https://lnkd.in/dEX8TusW 𝗢𝗧𝗛𝗘𝗥 𝗧𝗢𝗣𝗜𝗖𝗦 • While poverty is being eradicated in other regions, it's concentrating in sub-Saharan Africa. 𝟮𝟬𝟮𝟰 𝗔𝗙𝗥𝗜𝗖𝗔 𝗧𝗘𝗖𝗛 𝗘𝗩𝗘𝗡𝗧𝗦 & 𝗖𝗢𝗡𝗙𝗘𝗥𝗘𝗡𝗖𝗘𝗦 • Visit the events database here: https://lnkd.in/dxc9jKGP • Submit an event for listing in the database here: https://lnkd.in/d9-n5qwN 𝗢𝗣𝗣𝗢𝗥𝗧𝗨𝗡𝗜𝗧𝗬 𝗢𝗙 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 • Early-stage startups in Senegal, Morocco, and Tunisia are invited to apply to Open Startup's OST program - https://lnkd.in/dMAD5jY6 Executives appearing in this edition of the Week in Review: Safaricom’s Peter Ndegwa C.B.S, BasiGo’s Jit Bhattacharya, Flourish Ventures’ Efayomi Carr, Goodwell Investment’s Nico Blaauw, Terragon’s Elo Umeh, Vula’s Nic Rawhani, GSMA’s Angela Wamola, Georgetown University’s Ken Opalo, Norrsken22’s Niklas Adalberth, Hans Otterling, and Lexi Novitske, CFA, & others. __________________ 🚨 Afridigest is your intelligent guide to tech in Africa. Subscribe to the newsletter today as a free reader or paying subscriber to get each edition in your inbox: afridigest.com/subscribe. _________________ #africatech #africa #africanstartups #techinafrica #tech #vc #startups #fundraising #venturecapital #deals #weekinreview #emergingmarkets #innovation