# Investors based in Africa (2026 list)

> 3,447 investors based in Africa, 3% active in the last 12 months. Led by Emergence Capital, Launch Africa, Helion Venture Partners. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-africa (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Africa

Updated 7 November 2026

Firms headquartered in Africa, ordered by what we have observed them do.

[See all 3,447 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-africa)The top 25

**3,447** investors on the list No change this week

**170** cheques in 12 months *-30%* against the market

**$5M** median round they joined *-37%* against the market median

**3%** wrote a cheque in 12 months

**2%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (15)

- 1 [Emergence Capital](https://millionrounds.com/fund/emergence-capital) *Deploying now* VC firm · Senegal **101** **$30M** median round **Oct 2026** last seen
- 2 [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures) *Deploying now* VC firm · Mauritius **96** **$1.1M** median round **Nov 2026** last seen
- 3 [Helion Venture Partners](https://millionrounds.com/fund/helion-ventures) quiet VC firm · Mauritius **79** **$2.5M** median round **Apr 2019** last seen
- 4 [LoftyInc Capital](https://millionrounds.com/fund/loftyinc-capital) *Deploying now* VC firm · Nigeria **73** **$2.3M** median round **May 2026** last seen
- 5 [F6 Ventures](https://millionrounds.com/fund/f6-ventures) *Deploying now* VC firm · Egypt **72** **$750K** median round **Oct 2026** last seen
- 6 [KuCoin Labs](https://millionrounds.com/fund/kucoin-labs) *Deploying now* Corporate VC · Seychelles **66** **$4.3M** median round **Mar 2026** last seen
- 7 [Naspers](https://millionrounds.com/fund/naspers) quiet VC firm · South Africa **66** **$48M** median round **Jan 2025** last seen
- 8 [VentureSouth](https://millionrounds.com/fund/venturesouth) *Deploying now* Angel network · Seychelles **53** **$1.8M** median round **Jan 2026** last seen
- 9 [54 Collective](https://millionrounds.com/fund/54-collective) *Deploying now* VC firm · South Africa **51** **$450K** median round **Dec 2025** last seen
- 10 [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) *Deploying now* VC firm · Nigeria **45** **$2M** median round **Mar 2026** last seen
- 11 [Overline](https://millionrounds.com/fund/overline) *Deploying now* VC firm · Gabon **34** **$4.5M** median round **Sept 2026** last seen
- 12 [SIG](https://millionrounds.com/fund/sig) *Deploying now* Investment firm · South Africa **34** **$33M** median round **Oct 2026** last seen
- 13 [TechOperators](https://millionrounds.com/fund/techoperators) *Deploying now* VC firm · Gabon **28** **$14M** median round **Apr 2026** last seen
- 14 [PIE](https://millionrounds.com/fund/pie) quiet VC firm · Egypt **23** **$18K** median round **Oct 2013** last seen
- 15 [ARM](https://millionrounds.com/fund/arm) *Deploying now* VC firm · Nigeria **21** **$175M** median round **Aug 2026** last seen
- 16 [Sherpa Ventures](https://millionrounds.com/fund/sherpa-ventures) quiet VC firm · Kenya **20** **$3.8M** median round **Oct 2015** last seen
- 17 [Seek](https://millionrounds.com/fund/seek) quiet VC firm · South Africa **13** **$15M** median round **Mar 2025** last seen
- 18 [Hlayisani Capital](https://millionrounds.com/fund/angelhub-ventures) quiet Private equity · South Africa **12** **$2M** median round **Dec 2023** last seen
- 19 [Access](https://millionrounds.com/fund/access-2) quiet Hedge fund · Tunisia **12** **$10M** median round **Sept 2024** last seen
- 20 [Algebra Ventures](https://millionrounds.com/fund/algebra-ventures) *Deploying now* VC firm · Egypt **11** **$7M** median round **Nov 2026** last seen
- 21 [Enza Capital](https://millionrounds.com/fund/enza-capital) *Deploying now* VC firm · Kenya **11** **$8M** median round **Oct 2026** last seen
- 22 [E3 Capital](https://millionrounds.com/fund/e3-capital) *Deploying now* VC firm · Kenya **10** **$7M** median round **Feb 2026** last seen
- 23 [Flat6Labs](https://millionrounds.com/fund/flat6labs) quiet Accelerator · Egypt **10** **$1.6M** median round **Aug 2025** last seen
- 24 [GLOBAL VENTURE CAPITAL](https://millionrounds.com/fund/global-venture-capital) quiet Private equity · South Africa **10** **$5M** median round **Apr 2015** last seen
- 25 [Renew Capital](https://millionrounds.com/fund/renew-capital) quiet VC firm · Ethiopia **10** **$5M** median round **Aug 2025** last seen

**3,422 more on this list**

All 3,447 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-africa)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Water Ledger Global](https://millionrounds.com/company/water-ledger-global)** Other *With* [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures)
- **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *Led by* [4DX Ventures](https://millionrounds.com/fund/4dx-ventures)
- **4** Nov **[Journify](https://millionrounds.com/company/journify)** Series A · $12M *Led by* [Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [African Development Bank](https://millionrounds.com/fund/african-development-bank)
- **29** Oct **[ABA Life](https://millionrounds.com/company/aba-life)** Growth · $40M *Led by* [Admaius Capital Partners](https://millionrounds.com/fund/admaius-capital-partners)
- **28** Oct **[Casap](https://millionrounds.com/company/casap)** Series B · $56M *With* [Emergence Capital](https://millionrounds.com/fund/emergence-capital)

## Stages This Year

134 rounds

- Seed **27%**
- Other **16%**
- Series A **14%**
- Series B **10%**
- Pre-seed **9%**
- Other **23%**

## What They Backed

Sectors, last 12 months

- AI **54**
- Fintech **32**
- Healthcare **12**
- Construction **12**
- Automotive & EVs **11**
- Financial Services **9**

## Cheques by Quarter

Led Joined

68 Q1 25

60 Q2 25

55 Q3 25

54 Q4 25

44 Q1 26

44 Q2 26

39 Q3 26

26 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in North America 78,049](https://millionrounds.com/lists/investors-based-in-north-america)
- [Investors based in Europe 28,058](https://millionrounds.com/lists/investors-based-in-europe)
- [Investors based in Asia 14,754](https://millionrounds.com/lists/investors-based-in-asia)
- [Investors based in the Middle East 5,562](https://millionrounds.com/lists/investors-based-in-middle-east)
- [Investors based in MENA 5,379](https://millionrounds.com/lists/investors-based-in-mena)
- [Investors based in Latin America 3,985](https://millionrounds.com/lists/investors-based-in-latam)
- [Investors based in Southeast Asia 3,496](https://millionrounds.com/lists/investors-based-in-southeast-asia)
- [Investors based in Benelux 3,080](https://millionrounds.com/lists/investors-based-in-benelux)
- [Investors based in Oceania 2,972](https://millionrounds.com/lists/investors-based-in-oceania)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Africa

### Who are the most active investors based in Africa?

By cheques observed, the most active are Emergence Capital, Launch Africa, Helion Venture Partners, LoftyInc Capital and F6 Ventures.

### How many investors based in Africa are there?

3,447 are on record. 3% made an investment in the last 12 months and 2% have led a round.

### Which stages do investors based in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Seed (35%) and Series A (18%).

### How big are the rounds investors based in Africa join?

The typical (median) round among the leading investors here is $4.5M.

### Which sectors do investors based in Africa back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

### Which investors based in Africa lead the most rounds?

Emergence Capital (11 led), Naspers (8 led) and Algebra Ventures (5 led).

### What have investors based in Africa invested in recently?

Recent rounds include Water Ledger Global (Other, Nov 2026, with Launch Africa), Enza (Seed, Nov 2026, with 4DX Ventures) and Journify (Series A, Nov 2026, with Al Mada Ventures).

### How is this list of investors based in Africa ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
