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Key people at African Renaissance Partners.
African Renaissance Partners was founded in 2022 by Magdi Amin (Founder and Managing Partner).
African Renaissance Partners operates as an early-stage venture capital firm, investing in companies across the Middle East and Africa. It provides capital and strategic support to entrepreneurs leveraging digital transformation in sectors like renewable energy, fintech, logistics, ag-tech, and health. The firm empowers innovative startups poised for regional impact.
Magdi Amin and Henok Assefa founded African Renaissance Partners in 2022, driven by a shared vision for technology's transformative role in African markets. Both founders, with strong continental ties, identified an opportunity to champion local tech startups addressing complex regional issues. Amin's background includes IFC and Omidyar Network; Assefa founded Addis Angels.
The firm partners with early-stage African tech entrepreneurs developing scalable solutions for regional challenges. African Renaissance Partners envisions a future where African innovation drives economic progress and addresses pressing societal needs, fostering widespread continental development. It supports founders creating both commercial value and sustainable impact.
Key people at African Renaissance Partners.
African Renaissance Partners was founded in 2022 by Magdi Amin (Founder and Managing Partner).
African Renaissance Partners has 2 tracked investments across 1 company. The latest tracked deal is $1.9M Seed Extension in Kubik in April 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 28, 2024 | Kubik | $1.9M Seed Extension | — | Jinna LI, Kartick Kumar |
| Jun 22, 2023 | Kubik | $3.3M Seed | — | Andav Capital, Bestseller Foundation, Giig Africa Fund, Kazana Fund, Plug And Play, Princeton Alumni Angels, Romain Diaz, Savannah Fund, Unruly Capital |
