Africa is home to the fastest growing population at the moment and has the youngest workforce. With its increasingly urbanised and growing middle class it is easy to see why six of the 10 fastest growing economies in the world are in Africa.
Factors influencing the growth of AgriTech in Africa
•Employ 65% of continents population
•High population growth & youngest labour force
•Increasing urbanisation & growth of middle class
Factors influencing the growth of FinTech in Africa
•66% of population is unbanked
•Rapid growth of mobile phone use for banking
•High level of cross borders transactions
Factors influencing the growth of HealthTech in Africa:
•25% of the global disease burden but,
only 2% of the healthcare force
•number of startups has grown by 56.5%
over the last three years
Single-asset SPVs offer a simple fund structure for investors who wish to invest in "deal-by-deal" investment opportunities, on their own or together with other investors, but where each investor has the discretion to choose which opportunity to invest in and is not bound by a multi portfolio fund structure where fund managers make investment decisions on behalf of all LP investors in the Fund.
• a multi-faceted, interactive game that educates players on every Bible character and story, while also providing a fun, engaging experience.
• Free-to-play with in-game purchases, marketplace for trading cards, and potential for real-world rewards.
• Ultimately growing into a Massively Multiplayer online game with full integrated Bible college and full stack community social media for unprecedented evangelism and discipleship.
“Train up a child in the way he should go,
and when he is old, he will not depart from it.”
Proverbs 22:6 (NKJV)
Our next investment opportunity is currently under construction.
The target company is a trailblazing AI-driven automotive repair solution revolutionizing the industry. Their innovative platform offers comprehensive car inspections, precise damage assessments for efficient task assignment and parts procurement. This revolutionary service is a boon for insurance companies, streamlining their underwriting and claims processes. It's a game-changer for fleet and e-hailing services, enabling automated vehicle check-ins and outs, and managing fleets of damaged vehicles with unparalleled efficiency. Additionally, car dealerships benefit from their automated recon services for trade-ins.
Keep coming back and watch this space for the next opportunity heading your way.
Synergos Venture Partners is in the process of raising its VU Africa Fund I and as such hasn't started deploying capital directly from its own Fund yet. The Synergos Venture Partners GPs and investors has however made several investments in VU Venture Partners Fund I Portfolio companies. The extremely close strategic relationship between VU and Synergos means that VU's investment thesis and process form the basis of Synergos' own investment philosophy and investment approach. VU's Portfolio companies therefore serve as proxy of what VU Africa's Fund I investments would look like.
Synergos Venture Partners
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