The Future Africa Fund allows limited partners to commit capital on a quarterly basis (minimum is $25,000) and gain exposure to every startup Future Africa participates in during the period. This fund structure lets you get diversified venture returns without having to take on a deal-by-deal risk.
Having committed capital gives us the ability to make a firm commitment and support founders thoroughly. This gives us significant leverage to get into competitive rounds.
The Future Africa Fund allows limited partners to commit capital on a quarterly basis (minimum is $25,000) and gain exposure to every startup Future Africa participates in during the period. This fund structure lets you get diversified venture returns without having to take on a deal-by-deal risk.
Having committed capital gives us the ability to make a firm commitment and support founders thoroughly. This gives us significant leverage to get into competitive rounds.
In our first fund, which kicked off in 2015, we invested $1.5 million dollars across 19 companies including some of Africa’s fastest-growing tech startups such as Andela, Flutterwave, 54Gene, Kobo360 and Lori Systems, amongst others. Since our fund’s close, we have grown our portfolio 8x to $12m in assets under management and over the last five years our startups have created $1.2 billion of company value, gone on to raise $300 million in follow-on capital, made $120 million in annual revenues, while creating 3,000 direct jobs and 12,000 indirect jobs.
Please keep in mind that we charge a management fee for your participation in the Fund, equalling 2% over the fund’s 10-year life.
In our first fund, which kicked off in 2015, we invested $1.5 million dollars across 19 companies including some of Africa’s fastest-growing tech startups such as Andela, Flutterwave, 54Gene, Kobo360 and Lori Systems, amongst others. Since our fund’s close, we have grown our portfolio 8x to $12m in assets under management and over the last five years our startups have created $1.2 billion of company value, gone on to raise $300 million in follow-on capital, made $120 million in annual revenues, while creating 3,000 direct jobs and 12,000 indirect jobs.
Please keep in mind that we charge a management fee for your participation in the Fund, equalling 2% over the fund’s 10-year life.
