$1 billion in follow-on funding. 140+ founders backed. One Nigerian investor helping build Africa's next generation of technology companies. The bigger story is how Kola A. is turning African venture capital into a platform for long-term entrepreneurial growth.
Through Ventures Platform Fund, the Nigerian investor has helped back some of the continent's most recognised technology businesses, including Paystack, Moniepoint Group and Piggyvest. The firm reports supporting more than 140 founders, with its portfolio companies collectively raising over $1 billion in subsequent funding. And the ambition continues to grow.
In August 2026, Ventures Platform announced the final close of its second pan-African fund at $84 million, exceeding its original $75 million target. The fund attracted institutional investors including EBRD, Norfund, IFC and British International Investment. But the numbers are only the headline. The deeper story is the role of African capital in building African companies.
Long before startups become unicorns, they need investors willing to back founders, business models and markets that others may overlook. That is where Ventures Platform has built its strategy. Early investment creates opportunity. Strategic support helps companies grow. Long-term capital supports regional expansion. For Africa's entrepreneurial ecosystem, Kola Aina's journey demonstrates how locally rooted investment firms can help connect African innovation with international capital.
And potentially shape the next generation of globally competitive businesses. The $84 million fund gets the attention. The African companies Ventures Platform has helped finance are the bigger story.
