Home Business Savannah Venture Capital launches a $25 million fund for African startups

Savannah Venture Capital launches a $25 million fund for African startups

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Kenyan Wall Street | by Jackson Okoth


Savannah Fund, a pan-African venture capital firm based in Mauritius, has announced a US$25 million fund as it looks to back more early-stage startups in Africa.

Since 2012, Savannah Fund – led by Mbwana Alliy and Paul Bragiel – has supported more than 30 startups. Some of the well-known investments include South Africa’s FlexClub, Sendy from Kenya-a logistics firm, and Lidya, a Nigerian fintech firm.

Savannah Fund was initially an accelerator program in Kenya before becoming a VC…

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