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Sankara posted in the group Investment
In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about big investment firms like Sequoia and Tiger Global who are making bold statements about their interest in Africa with their investments, some newer players are looking to take part in the action.One of such players is Expert DOJO, a US-based early-stage fund that has decided to commit up to $5m to invest in African startups this year. It’ll be making 20 to 50 new investments.
Since the firm’s first fund launched in 2018, Expert DOJO has invested in over 100 companies at pre-seed and seed stages across 30 countries. Some of these companies include Shipsi, Squadra and Woodpecker.
Expert DOJO decided to focus more on Africa when it noticed that some of the strongest performers in its portfolio were from across Africa.
