Ask an Investor: The path to exits, the support VCs provide, and Africa’s hottest sectors
- Oui Capital partially exited its $150,000 investment in Moniepoint for $8 million after it became a unicorn.
- Secondary sales have emerged as a practical exit strategy for investors in Africa due to the rarity of full acquisitions and IPOs.
- Investors stress the importance of strong governance and rigorous reporting from the earliest stages of a startup.
The insights from these fund managers highlight a promising yet challenging investment landscape in Africa. While fintech remains a stronghold, the emphasis on governance and operational support suggests a maturation of the investment ecosystem. Future discussions could explore how emerging sectors like agtech and AI will shape the next wave of startup success in the region.
