Lagos
,
Nigeria
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Africa
Future Africa, formally the Fund for Africa's Future, is a Lagos-based seed investment fund and operator-investor community founded in 2019 by Iyinoluwa 'E' Aboyeji, who co-founded two of Africa's first unicorns in Flutterwave and Andela, alongside Olabinjo Adeniran, Adenike Sheriff, and Nadayar Enegesi. Aboyeji launched Future Africa after stepping down as Flutterwave CEO with the explicit mission of ensuring Africa's earliest-stage startups receive the institutional conviction and capital that he himself struggled to access when building Flutterwave. The firm describes itself as Africa's largest seed stage investor, having invested in more than 100 companies across the continent collectively valued at over $6 billion across sectors including fintech, healthtech, edtech, agritech, logistics, and infrastructure. Future Africa invests with initial checks from $50,000 to $150,000 and pairs capital with access to a community of experienced African founders, operators, and investors. Flutterwave, one of Africa's most significant payments companies, was an early portfolio company that Future Africa exited in 2021. Eden Life, the Nigerian home services platform, is a portfolio company. Additional portfolio companies include MAX, the electric motorcycle-as-a-service company; Kobo360, the pan-African logistics platform; 54Gene, the African genomics company; Bamboo, the investment platform; and Moove, the flexible car ownership platform. Beyond its original investments, the portfolio has grown to more than 100 African startups.
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