7 Most Active Investors in African startups in 2017

Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million.

The Disrupt African Tech Startups Funding Report 2017, released this month, reveals a record amount of funding was secured over the course of 2017, by the highest number of startups to date.

Total funding of African tech ventures grew by 51 per cent as compared to 2016, while the number of funded startups also increased by 8.9 per cent. South Africa, Nigeria and Kenya remained the top three investment destinations for the third year running.

Funding came from both Africa and abroad, with various investors putting amounts large and small into startups across the continent. Here are seven of the most active.

Kalon Venture Partners

South Africa-based Section 12J venture capital fund Kalon Venture Partners – previously Grotech – had an active year. The company seeks out startups who are “dis-intermediating various industries through disruptive tech solutions”, and put money into SnapnsaveThe Sun Exchange and i-Pay in 2017.


To view the full list click here.