Savannah Fund is a seed capital fund specializing in USD25,000-USD500,000 early stage investmentsin high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the gap between early stage/angel and venture capital investments that currently exists in Africa. The Fund combines capital andmentoring networks, both in the region and from Silicon Valley through an accelerator program,
as well as a follow-up independent seed fund, to achieve its goal.
An experienced and technology savvy team, with members who have founded companies or are actively involved in angel investing, manages the fund. Members of the team have also run successful accelerator programs in the past and understand the unique Subsaharan African environment. Theyare backed and supported by local, regional and international networks of “angels“ and venture capitalists on whose expertise they draw to help startups succeed and grow into fully fledged regional or global companies.
They believe in the potential for Africa to become a global technology innovator by developing sustainable for-profit companies that both create jobs and make an impact. Take a look at their accelerator
or connect with themon AngelList if you have a more mature startup.