Monday, August 11, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Verod-Kepple Africa Ventures (VKAV) has closed its $60 million first fund

Tech Gist Africa by Tech Gist Africa
04/13/2024
in Funding, News, News - West Africa, Venture Capital
0 0
2
Verod-Kepple Africa

Verod-Kepple Africa

0
SHARES
Share on FacebookShare on Twitter

Verod-Kepple Africa Ventures (“VKAV”) has closed its first fund of $60 million.

SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust Bank, Japan International Corporation Agency, and Japan ICT Fund are among the fund’s major institutional investors. 

Additionally, a few more institutional investors from Japan, including Taiyo Holdings and C2C Global Education Japan, as well as SCM Capital, formerly known as Sterling Capital Markets Limited, from Nigeria, joined the final close. 

Verod-Kepple Africa Partners is a joint venture between Verod Capital Management, a private equity firm based in West Africa that invests in mid-sized businesses across various sectors, and Kepple Africa Ventures. VKAV is the first fund of the partnership.

VKAV is addressing the increasing lack of capital available, especially from local investors, for African companies transitioning to Series A and B stages by concentrating on growth-stage companies.

The fund will concentrate on three primary themes: businesses developing digital infrastructure across various industries; inefficiency solvers, primarily addressing friction between businesses and consumers; and market creators, generating opportunities for individuals to prosper economically, taking into account the shifting dynamics of the African economy and population.

The VKAV team consists of active investors who may assist their portfolio firms with fundraising, partnerships, governance, talent, and legal matters.

Since Verod is above to concentrate on providing operational best practices and preparedness for additional financing and exit from the start, their cooperation with Verod is an essential component of this help.

As businesses attempt to negotiate the challenging macroeconomic landscape in Africa and aim to expand into other countries globally, this help is more important than ever.

Twelve businesses, including Moove Africa, KOKO Networks, Ceriant, Chari, Shutlers, Nawy, Juliaya, NowPay, Chefaa, Cloudline, Zone, and mTek-Services, have received funding from the fund thus far.

 

Read more on Tech Gist Africa: 

P1 Ventures, an African VC firm, has closed the second $35 million round of its Fund II

Saviu Ventures, a Francophone Africa-focused VC firm, has raised $13 million in its first fund-close

EchoVC, a pan-African venture capital firm, has launched a $2.5 million pre-seed climate-focused fund

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Samsung Galaxy Unpacked 2025
Gadgets

Samsung Unveils Latest Devices at Galaxy Unpacked 2025

by Tech Gist Africa
08/11/2025
0

Samsung recently introduced its latest lineup of devices at the Galaxy Unpacked 2025 event, highlighting advancements in foldable smartphones, wearables,...

Read more
Farida Bedwei Logiciel Ghana

Farida Bedwei: Powering Africa’s Fintech Revolution Against All Odds

08/11/2025
WeThinkCode South Africa

WeThinkCode Secures $2 Million Google.org Grant to Equip 12,000 Learners with AI Skills

08/11/2025
Konza Technopolis Kenya

Konza Technopolis Sees New Kenyan–Korean Partnerships

08/06/2025
Stahili copia kenya

Copia Founders Launch Kenyan E-Commerce Platform Stahili

08/06/2025
Next Post
google Tech Gist Africa

Google plans to launch an AI photo eraser for Android and iPhone in May

Zeepay

Zeepay, a Ghanaian fintech startup, has raised equity funding to support its expansion

Awards

The Global Startup Awards Africa 2024 is currently accepting applications

Comments 2

  1. Pingback: Verod-Kepple Africa Ventures (VKAV) has closed its $60M first fund - Africapost
  2. Pingback: TLcom Capital, supported by the IFC, raises $154 million - Africapost
No Result
View All Result

The Big 5

Fadi Ghandour

Trailblazer of MENA Entrepreneurship: Celebrating Fadi Ghandour’s Legacy

by Tech Gist Africa
08/11/2025
0

...

Ghana Tech Gist Africa

TICON Africa Conference Set for August 20–22 in Accra

by Tech Gist Africa
08/11/2025
0

...

Lisbon Web Summit 2025

Web Summit 2025 to Return to Lisbon

by Tech Gist Africa
08/11/2025
0

...

Partnerships Collaboration

China-Africa Tech Collaboration: What It Means for Innovation and Investment

by Tech Gist Africa
08/11/2025
0

...

Apps

How to Spot Fake Apps in Google Play or Apple App Store

by Tech Gist Africa
08/07/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.