Ask an Investor: Africa’s new-crop of investors have a few things to teach the continent
- Silverbacks has achieved significant partial exits, including a 29x return on LemFi and a 5x return on OmniRetail, demonstrating the importance of patient investment strategies.
- Madica's investment strategy focuses on startups outside Africa's major hubs, challenging the traditional Silicon Valley playbook and emphasizing the need for tailored governance and support.
- Both Silverbacks and ECO Fund address the capital-currency mismatch in Africa, with Silverbacks focusing on USD earnings and ECO Fund advocating for local currency investment.
The insights shared in 'Ask an Investor' reflect a growing understanding of the unique challenges and opportunities within the African investment landscape. As investors and founders adapt their strategies to local contexts, there is potential for significant growth and innovation. However, continued emphasis on transparent practices and local capital mobilization will be crucial for sustainable development.
