Startup Funding for African Founders

Our Criteria

Who We Back

We invest in technology-enabled African startups that have demonstrated early validation and have the foundations to scale.

Product Launched

You have a live product or service in the market - not just an idea or prototype. Customers have experienced your solution and given you feedback.

Early Traction

You can demonstrate traction through revenue, active users, signed pilots, or other meaningful signals that your market wants what you're building.

Strong Founding Team

The team has the combination of domain expertise, technical capability, and resilience required to navigate the unique challenges of building in Africa.

African Market Focus

You are solving a real problem for African consumers or businesses - and your model accounts for the context, constraints, and opportunities of operating here.

Technology-Enabled

Technology is core to your product delivery and competitive advantage - not just a layer on top of an otherwise traditional business model.

Scalable Model

Your business model can expand across multiple markets or customer segments without a proportional increase in costs - built for venture-style growth.

Beyond Funding

We invest in your entire journey

Capital is just the beginning. OnAfrica connects you to the expertise and relationships that help you use that capital well.

Mentorship

One-on-one access to operators and investors who've scaled companies across Africa.

Investor Access

Warm introductions to follow-on investors at Series A and beyond, when you're ready.

Partnerships

Introductions to enterprises and corporates seeking innovative startup partnerships.

Strategic Support

Hands-on help with hiring, product strategy, and market-entry planning from our advisor network.

Fundraising Guidance

Support with pitch narratives, data room preparation, and investor targeting strategy.

How It Works

Our Review Process

A transparent, founder-respecting process designed to move quickly while being rigorous where it matters.

1

Application

Submit your details and pitch deck via our online form. Takes under 10 minutes.

2

Screening

Our team reviews your submission against our investment criteria within 5 business days.

3

Founder Interview

A 45-minute call with an OnAfrica investment team member to go deeper on your business.

4

Due Diligence

We review your financials, cap table, contracts, and reference check key team members.

5

IC Review

Your opportunity is presented to the full Investment Committee for a final vote.

6

Decision

You receive a clear yes or no, with honest feedback either way. No ghosting.

Apply Now

Startup Application

Tell us about your startup. All applications are reviewed confidentially by our investment team.

Raising Capital for Your Startup?