GIIG AFRICA FUND 1+2

BUILD ON THE BACK OF GSA Africa

The fund sources its deal flow among the African Startup Awards applicants

GSA Africa ambitiously expanded into 54 African countries to build a fully pan-African platform and an active, inclusive bridge towards a Global Africa. The GIIG Africa Fund 1 investment thesis identifies the untapped opportunity of African innovators creating local solutions with global application to solve the most pressing challenges of our time. In the inaugural participation of African innovators in the international GSA Finale, African participants validated this by winning the two top awards, namely Best Newcomer and Global Startup of the Year.

The GIIG Africa Fund 1 made 6 strategic investments into GSA Africa winners across different sectors to create a diversified pool of SDG-aligned investments. The fund can invest in any GSA applicant but uses the quality of the GSA competition process and proprietary software to focus on the best quality.

Fund 2 is open and will scale up investments in the new round of GSA applicants based on the success evidenced from the portfolio companies My1Health, Envisionit Deep AI, Kubik, Scarabtech, Treepz and Biobuu. In a bid to support these new tech leaders of Africa, founders are provided with bespoke mentoring, market access introductions, and rigorous business advisory services to accelerate positive, sustainable impact.

Fund 2 is open to both individual investors, national funds, and funds of funds with an investment lens of accessing a profit and purpose portfolio.

FIND, FUND & GROW GLOBALLY RELEVANT INNOVATION FROM AFRICA

“Africa’s tech sector has been one of the major highlights of the continent’s economic narrative. McKinsey predicts $5.6 trillion in African business opportunities by 2025”

– World Economic Forum

WANT TO BE INVOVLED

The fund is administrated by GIIG, which is the exclusive licensee holder of GSA Africa.

More info www.giig.africa