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

The Baobab Network backs early-stage African founders, providing a first cheque of $100k alongside an intensive 12-week accelerator program. It helps founders refine product-market fit, accelerate traction, and prepare for follow-on fundraising through its global investor network. The firm positions itself as a long-term partner, offering ongoing support via its Baobab OS platform and expert partners to help companies scale across the continent. It also runs a Scout Programme to source promising startups across Africa.

Invests inSector AgnosticAfrica

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$100K
Instruments
Equity
Founded
2015
Net assets · FY2024
$2.7M
Portfolio companies
60

Team · 1 people

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

What they invest in

from 7 of 60 portfolio companies

Fintech ×4SaaS ×3Enterprise Software ×2Marketplaces ×2Cleantech ×1E-commerce ×1EdTech ×1Energy ×1

HQs:United Kingdom×1Kenya×1Nigeria×1United States×1

Portfolio companies · 60 tracked

alumni founders can tell you what the program is really like
Adafriadafri.co
Alerzoalerzo.com

Co-investorsFJ Labs

Analyticabianalyticabi.app
Beblockybeblocky.com
Branddrivebranddrive.co
Buncebunce.so
Buyambuyam.co
Coliscolis.ma
Communitywolfcommunitywolf.com
Condigitalethcondigitaleth.com
Creditchekcreditchek.africa
Drcadxdrcadx.com

Co-investorsOui Capital

Drugstoredrugstore.ng
Eduskoedusko.com𝕏

Edusko operates a web-based platform that matches children with K-12 private schools and provides access to tuition financing, letting parents compare schools, obtain tuition discounts and low-interest loans, and enroll online.

EdTechFintechMarketplaces

Co-investorsInjini

Emaishapayemaishapay.com
Fxkudifxkudi.com
Getmessengergetmessenger.ng

Co-investorsNama Ventures

Getpocketdocgetpocketdoc.com
Getscandiumgetscandium.com
Gettholagetthola.com
Gladefinancegladefinance.co
Hadihadifinance.comin𝕏

Hadi Finance provides digital working capital financing for informal retailers and SME suppliers, offering fast and flexible loan disbursement.

Fintech

Co-investorsMicrotraction

Hubiqhubiq.africa
Ifunzaifunza.com
Iwomitechnologiesiwomitechnologies.com
Kakbimakakbima.com

Kakbima is a configurable insurance software platform that lets agents, brokers, micro-insurers, and insurers manage and distribute insurance, with modules for CRM, policies, products, claims, quotes, and analytics plus customer portals and mobile apps.

FintechInsurTechSaaS

Kawukawu.ug
Lendhalendha.com
Localknowledgetourslocalknowledgetours.com
Mudupaymudupay.com
Mylemonademylemonade.io
Nestinesti.africa
Opusanalyticsopusanalytics.ai
Ovalinteractiveovalinteractive.com
Pavelonpavelon.com
Peercarbonpeercarbon.earth
Pennysmartapppennysmartapp.com
Photondataphotondata.io
Pocketfoodpocketfood.io
Powerfull Technology Limitedpowerfull.techin𝕏

Powerfull Technology develops technology solutions for solar and battery system optimization to enhance energy management and financial returns for residential and commercial properties.

CleantechEnergyIoTDewsbury, GB

Co-investorsTechstars

Primedehealthprimedehealth.com
Rafikirafiki.works
Regulonregulon.io
Rippledeskrippledesk.co
Saalalsaalal.com
Shagopaymentsshagopayments.com
Shemachshemach.co
Sidebriefsidebrief.comin𝕏

Sidebrief is a platform that enables business incorporation and compliance management across African markets, offering company registration, tax filing, licenses, and ongoing regulatory support.

Enterprise SoftwareGovTechLegalTechMiddletown, US

Abdulwaheed Yusuf(Founder)in

Co-investorsTechstarsVelocity Digital

Swahiliesswahilies.com
Swyftlogisticswyftlogistic.com
Terminalterminal.africain

Terminal Africa is a shipping and logistics aggregator that connects users to 20+ local and international delivery partners through a web app, mobile app, and shipping API (T-Ship).

E-commerceLogistics & Supply ChainSaaS

Co-investorsCathexis VenturesFirst CircleDFS Lab

Togo Cargotogo-cargo.com
Tradevutradevu.co
Triplytriply.coin𝕏

Triply provides an integrated platform for travel businesses in Africa that consolidates payments, invoicing, payroll, accounting, and operational management in one system.

Enterprise SoftwareFintechMarketplacesSaaSNairobi, KE

Peter Wachira(Founder)inCollins Muthinja(Founder)in

Co-investors4DX VenturesOui CapitalY Combinator

Tryenvoyxtryenvoyx.com
Twendetwende.app

Co-investorsOui Capital

Useaktivateuseaktivate.com
Voveidvoveid.com
Vutiavutia.ke
Workskuadworkskuad.com

Portfolio news

latest coverage across their companies
Triply Funding and Growth Strategy

Triply · nyongesasande.com · Jun 5, 2026

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

How many investments has The Baobab Network made?
The Baobab Network has 60 tracked investments.
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.
What sectors does The Baobab Network focus on?
The Baobab Network focuses on Sector Agnostic.
Who does The Baobab Network co-invest with?
The Baobab Network most often shares deals with Oui Capital, Techstars, 4DX Ventures, among 10 tracked co-investors.

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