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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba – TechCrunch

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […] ....

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Bamba, a pan-African fintech app focused on small businesses, has just secured $3.2million in seed funding

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone. | Business Insider Africa ....

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Nigerian founders-turn-investors are now running syndicate funds – TechCrunch


Nigerian founders-turned-investors are now running syndicate funds
The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi, co-founders of U.S.-based and African-focused talent company Andela, wrote checks to African startups as angel investors. This continued even as Aboyeji joined and left Flutterwave, the fintech company he co-founded.
In January 2020, the pair made the fund official, with Aboyeji as general partner and Enegesi as limited partner. Simultaneously, they announced that the fund had invested $1.5 million across 19 African companies.
The idea for a syndicate fund would come in the following months as the pandemic disrupted investment activities worldwide. ....

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