Ajim Capital is an early-stage venture capital firm established in 2022. It focuses on providing financing to startups across Sub-Saharan Africa. The firm is dedicated to supporting founders from the earliest stages by offering hands-on strategic advice and access to a global network of investors and experts. Ajim Capital aims to address the significant challenges in under-capitalized African markets by investing in innovative solutions that drive economic growth and improve quality of life—the firm plans to invest in 50 tech startups across Sub-Saharan Africa through its Fund I.
Eligibility
- Startups should have a minimum viable product (MVP) and demonstrate traction in their respective markets.
- Founders with strong, cohesive teams possessing relevant industry experience and a clear vision for addressing significant sector challenges.
- Companies operating in large or rapidly growing markets, offering scalable solutions with the potential for substantial impact.
- Startups providing unique, technology-driven solutions that address pressing problems within their industries.
Investment Amount
Ajim Capital offers investments up to $250,000 per startup, targeting pre-seed and seed-stage companies.
Target
Ajim Capital primarily supports Pre-seed and seed-stage startups based in Sub-Saharan Africa, with particular interest in countries like Nigeria, Kenya, Rwanda, and Tanzania.
Focus Areas
Business-to-Business (B2B) and Business-to-Business-to-Consumer (B2B2C) companies operating in industries such as financial technology (fintech), education, healthcare, e-commerce, and consumer internet.