Prolific Nigerian VC firm Ventures Platform casts a wider net across Africa
- Ventures Platforms has invested in 78 startups, including Piggyvest, Moniepoint, and Paystack.
- The firm is expanding its focus outside Nigeria and aims to become more pan-African.
- It follows a lake versus ocean strategy, investing in smaller ecosystems where startups can dominate the market quickly.
Ventures Platform's expansion beyond Nigeria to become more pan-African is a strategic move that aligns with the growing opportunities in other African markets. Their focus on key strategic markets with stable political environments and homegrown talent shows a thoughtful approach to investment. The firm's hands-on support for its portfolio companies and its specific metrics for investing demonstrate a commitment to driving growth and value in the African tech ecosystem.
