A leading private investment firm focused on Africa, known for its successful exits and strong performance in the startup scene.
Ask an Investor: Africa’s new-crop of investors have a few things to teach the continent
Silverbacks has achieved significant partial exits, including a 29x return on LemFi and a 5x return on OmniRetail, demonstrating the importance of patient investment strategies. Madica's investment strategy focuses on startups outside Africa's major hubs, challenging the traditional Silicon Valley p
Silverbacks’ OmniRetail Exit Showcases Africa’s Startup Strength and Investment Upside
Silverbacks Holdings recorded its ninth successful exit through a partial sale of its stake in OmniRetail. The deal delivered a fivefold return on the original investment, reinforcing Silverbacks' performance in Africa's startup scene.
Condia Insider: 5x returns for this VC firm
Silverbacks Holdings partially sold its stake in OmniRetail for a 5x return, following the startup's $20M Series A raise. OmniRetail's revenue skyrocketed from $280,000 in 2020 to over $120 million in 2023.
Condia Insider: 5x returns for this VC firm
Silverbacks Holdings partially sold its stake in OmniRetail for a 5x return after the startup's $20M Series A raise. OmniRetail's revenue skyrocketed from $280,000 in 2020 to over $120 million in 2023.
12 Africa-focused investment firms to know in 2025, according to a VC, Tobi Hanington
The decline in funding for African startups is attributed to the end of the zero interest rate policy and the rise of lean AI startups. Toby Hanington shared a list of 12 key investors that African founders should know.
