Verod-Kepple Africa Ventures (VKAV), headquartered in Nigeria, has concluded its pan-African venture fund at $60 million, focusing on scalable, technology-enabled startups addressing challenges across the continent. VKAV was established in 2021 through a collaboration between Kepple Africa Ventures and Verod Holdings.
The fund targets early-stage startups tackling social issues in Africa and has attracted investments from notable institutions such as SBI Holdings, Toyota Tsusho Corp, Sumitomo Mitsui Trust Bank, and Japan International Corp Agency, aiming to bridge the funding gap at Series A and B stages within the African startup ecosystem.