About Funding Organization: Savannah Fund is a seed capital fund specializing in investments ranging from US$50,000 to US$1,000,000 in early-stage, high-growth technology startups across sub-Saharan Africa. Established in 2012, the fund aims to bridge the early-stage investment gap by combining capital with mentorship and local technical assistance, leveraging a network of experienced entrepreneurs and investors.
- Mentorship: Access to a network of experienced entrepreneurs and functional experts in marketing, design, and engineering.
- Post-Investment Support: Assistance to accelerate business growth, including connections to potential investors and partners.
- Networking Opportunities: Integration into a community of like-minded entrepreneurs and access to global networks.
- Follow-On Funding: Potential for additional investment in subsequent funding rounds.
Eligibility
- Early-stage startups with a product in the market demonstrating some traction.
- Startups operating in sub-Saharan Africa, focusing on Kenya, Nigeria, South Africa, Rwanda, Ethiopia, Uganda, Ivory Coast, and Ghana.
- A strong, committed team with a balance of technical and business expertise.
Investment Amount
Investments range from US$50,000 to US$1,000,000, targeting early-stage technology startups.
Target
Target Beneficiaries: Early-stage, high-growth technology startups based in sub-Saharan Africa,
Focus Areas
Focus on technology-driven solutions across various sectors, including fintech, education, logistics/e-commerce, SaaS, healthcare, and agtech, and innovations that address the bottom of the pyramid.
