What are the active Nigerian VC's investing in tech

1

So, I know EchoVc, Spark and GC fund ( www.gc.fund ) but who else knows any other Nigerian VC firms investing in the tech space?

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2

The guys from Kuramo

3

The list of VCs and Angels that are investing in Nigerian startups seems to be growing everyday.

Here are some examples:
ariseinvest.co - See this thread by @DozieA #arisepitch; 5 mins, NGN1000000 for a 5% stake in your startup

singularityinvest.com - Recently invested in paystack and flutterwave

etc

4

If you mean VCs that have invested in Nigeria vs. Nigerian VCs, then in addition to Singularity:

Frontier Digital Ventures – invested in ToLet
Rise Capital – invested in Iroko
Cactus Capital – Flutterwave

There’s also Kinnevik, Naspers, Omidyar depending on how you want to classify them.

And I’m pretty sure Accion Venture Lab will be active in Nigeria’s fintech scene soon given the right opportunity.

I also expect the IFC’s Venture Capital group to be active given the right opportunity – they just hired a guy that worked with EchoVC & observes on the board of hotels.ng to work out of Lagos.

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5

I meant VC’s based in Nigeria. With the Naira currently overvalued, I’m not sure how keen foreign investors are to bring in money.

It’s a good time for Nigerian based VCs to get the best deals. Where are the Nigerian VCs though?