Baobab Network to Invest In 1000 African Tech Companies
Having launched their accelerator in 2019, Baobab has consistently been one of the most active investors across Africa, backing locally led companies from day one.
- Having launched their accelerator in 2019, Baobab has consistently been one of the most active investors across Africa, backing locally led companies from day one.
- Each company has received $50,000 directly from Baobab, with another $50,000 investment from their newly launched Co-Investment Vehicle.
- Baobab Network has already completed 10 deals this year, with another larger cohort expected in Q4.
- Additionally, Baobab recently hired Niama El Bassunie as Managing Partner – a YC alumni and one of Africa's only exited entrepreneurs.