Fundraising Fox

The Baobab Network

Accelerator

Pre-Seed–Seed · 1 people tracked

Also known as New Venture Africa Ltd

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Investment thesis

Baobab is an accelerator investing in early-stage African startups and founders. It provides a $100k first cheque alongside an intensive 12-week acceleration programme focused on refining product-market fit, improving traction, and preparing founders to raise follow-on capital. The firm positions itself as a long-term partner, leveraging its global investor network and expert partners (via its Baobab OS platform) to help founders scale and secure additional funding. It has backed 65 portfolio companies across 16 African countries, with startups collectively creating over 1,250 jobs and raising more than $55M in follow-on funding.

Invests inSector AgnosticAfrica

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$100K – $100K
Instruments
Equity
Founded
2015
Net assets · FY2024
$2.7M

Team · 1 people

from the firm's website
Niama El Bassunie· Managing Partner

Principals & officers · per Companies House

what is this? ⓘ
Stephen Victor Castle

Director · British · since 2018

Thomas Oliver Fairburn

Director · British · since 2015

Toby Jones Hanington

Director · British · since 2015

Karim Amir Shariff

Director · American · since 2020

Ownership & control

Toby Jones Haningtonright to appoint and remove directors

Thomas Oliver Fairburnright to appoint and remove directors

Frequently asked questions

What stage does The Baobab Network invest at?
The Baobab Network invests at the Pre-Seed, Seed stages.
What is The Baobab Network's typical check size?
The Baobab Network typically writes checks of $100K – $100K.
What sectors does The Baobab Network focus on?
The Baobab Network focuses on Sector Agnostic.

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