← All fundsThe Baobab Network
Public data, unclaimed profileNairobi-based accelerator and early-stage investor founded in 2019: USD 100k per start-up and two years of support from a dedicated venture partner, with an intensive twelve-week programme. 65 start-ups funded across 16 African countries (Terminal, Hadi Finance, Lemonade, RentScore); over USD 55m raised in follow-on funding. African tech start-ups led by African teams, with an MVP and early traction.
At a glance
Based on observed investment behaviour: 5 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Private equity (inferred from deals)
- Observed ticket
- Data unavailable
- Stated ticket : 100 k$ – 100 k$
- Countries
- Nigeria (2), Cameroon (1), Kenya (1)
- Activities
- Digital lending and scoring (1), Fintech infrastructure (APIs, open banking, BaaS) (1), Regtech, identity and fraud prevention (1)
- Instruments
- Equity (1)
- Stages
- Data unavailable
- Recent activity
- 0 deal in 12 months, latest Feb 2025
Stated thesis versus observed behaviour
- Sectors: 80% of its deals within its stated thesis
- Countries: 100% of its deals within its stated thesis
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Find my matchesInvestment thesis
Criteria published by the fund, recorded and checked by Invest Matching.
- Investment ticket
- 100 k$
- Instruments
- Equity
- Preferred sectors
- SaaS, Fintech, E-commerce, Logistics, Edtech, Digital health, Tourism & hospitality*
- Target geographies
- West Africa, East Africa, Southern Africa, Central Africa, North Africa
* added from its deals
- Stages (stated by the fund and from its deals)
- Pre-Seed
Team and contacts
- Niama El Bassunie — Managing Partner
LinkedIn profiles, emails and phone numbers are reserved for signed-in members: create an account to access them.
Reference deals
Recent public deals: they say better than a thesis what the fund actually signs.
Regulon
February 2025 · NigeriaUndisclosed amountFintechLead
Activity : Regtech, identity and fraud prevention
Regulon automates compliance checks and business verification for fintechs across Africa and the UK.
Why they invested
- Automate a costly and slow onboarding process
- Consolidate fragmented verification data across Africa
- Leverage founder Yao Baku's prior experience
Source : thebaobabnetwork.comN1 · Primary source
IWOMI
February 2025 · CameroonUndisclosed amountFintechLead
Activity : Fintech infrastructure (APIs, open banking, BaaS)
IWOMI automates regulatory compliance and provides a digital banking platform for banks and microfinance institutions.
Why they invested
- Reduce compliance costs and time
- Replace outdated banking systems
- Leverage the founder's banking-systems experience
Source : thebaobabnetwork.comN1 · Primary source
Community Wolf
January 2025 · South AfricaUndisclosed amountSaaSLead
Activity : Vertical software
Community Wolf provides a WhatsApp-integrated security intelligence platform for public-safety providers and communities.
Why they invested
- Unify fragmented community-safety data
- Use WhatsApp to maximize accessibility
- Team combining startup and AI-systems experience
Source : thebaobabnetwork.comN1 · Primary source
CreditChek
January 2025 · NigeriaUndisclosed amountFintechLead
Activity : Digital lending and scoring
CreditChek enables financial institutions to assess African migrants' creditworthiness by connecting credit bureaus, open banking and government databases.
Why they invested
- Improve financial access for African migrants
- Significantly reduce credit-assessment integration time
- Team combining fintech, architecture and cybersecurity expertise
Source : thebaobabnetwork.comN1 · Primary source
Triply (ex-Tripitaca)
KenyaUndisclosed amountEquityTourism & hospitalityCo-Invest
Co-investor alongside 500 Global
Activity : Tourism and leisure
Instrument : Equity stake (terms and date undisclosed)
Digital platform for small tourism businesses in Africa: hosts and operators build their packages and sell directly to travellers, without middlemen, and are notified when travellers look for properties. Founded in 2021, renamed Triply in 2024; Y Combinator alumnus (winter 2024).
Why they invested
- Removes middlemen between small tourism businesses and travellers
- Y Combinator's first travel-tech investment in Africa (2024)
Team
- Peter Wachira — Founder & CEO
- Collins Muthinja — Co-Founder
Co-investors Hustle Fund
Source : 500.coN1 · Primary source
In short
The Baobab Network invests tickets ranging from 100 k$ to 100 k$, across the following sectors: SaaS, Fintech, E-commerce, Logistics, Edtech, Digital health, and Tourism & hospitality, in the following areas: West Africa, East Africa, Southern Africa, Central Africa, and North Africa. Check in 30 seconds whether your company fits these criteria.