Lifting Africa Through Venture
Backing visionary founders transforming East Africa's digital future
Investing at scale in Africa's digital infrastructure layer
Africa is the world's youngest, fastest-growing digital market — and its most under-built. Mobile broadband now covers over 83% of the continent, yet only 39% of its 1.5 billion people are online — a vast gap between physical and digital infrastructure, both essential to the leapfrog within reach. The potential of Africa's digital economy remains largely unrealized: countless offline, manual activities are still waiting to be digitized and automated. A fundamental revolution is underway today — one that reshapes the continent's divides into democratized economic rights.
The next decade of African value creation will accrue not to thin adoption-layer plays, but to the innovators who own the underlying infrastructure — the datasets, the intelligence, the autonomous capabilities. With that conviction, we invest in early-stage East African tech startups, across sectors, with such core competencies in digital infrastructure. Building infrastructure is hard, but it yields the most durable returns and creates invisible, life-changing impact over the long run.
Fastest-growing markets
poised for breakout growth
Ethiopia 🇪🇹
- Rapid digitization — 40M new digital wallets in 18 months
- Structural reforms — financial sector liberalization
- Demographic scale — 130M people, second-largest population in Africa
Tanzania 🇹🇿
- Macro stability — steady growth, low inflation, positive real yield spreads
- Growing mobile penetration — 60M+ active mobile money users transacting $76B+
- Strategic position — the gateway port for 6 landlocked African economies
Rwanda 🇷🇼
- Governance — ranked top 3 in Africa for business environment
- Government as growth partner — active state co-investment
- Pan-African hub — Kigali International Financial Centre
Uganda 🇺🇬
- Demographic dividend — median age 16, youngest population globally
- Energy emergence — oil expected 2026, unlocking $20B+ in upstream investment
- Untapped agriculture and fintech intersection — 70%+ workforce in agriculture







