We Are Focused on Sustainable Impact

We believe building transformative businesses is the path to unlocking the full potential of the African continent. To achieve this, we are laser-focused on helping to incubate and fund companies capable of driving transformative economic growth, as well as positively impacting the ecosystems of customers, suppliers and markets.

OUR GUIDING PRINCIPLES

Driving Meaningful Change

Equitable Wealth Creation

We create and invest in businesses that broaden access to financial knowledge and services and provide tools for wealth creation

African Empowerment

We incubate and invest in companies that are developed, led and managed by Africans.

Gender Equality

From our venture partners to our board members and the initiatives we build and fund, providing equal access within our portfolio companies and the markets they serve is a priority.

Talent Development

As active investors and the only African venture fund with a dedicated venture studio, we work alongside entrepreneurs and management teams to ensure they have the knowledge and skills needed to scale and succeed in the markets they serve.

Pro-active Ownership

We are active owners. We incorporate our investment principles into our ownership policies and practices.

Transparency

We are ethical, open and honest with our investors and the entrepreneurs that we back.

OUR TEAM

Entrepreneurial Leadership

Constant Ventures is led by partners who, collectively, have founded many successful companies and initiatives, and have expertise and experience building companies to scale. Our in-depth regional knowledge, as well as our global networks and comprehensive understanding of the business, cultural, infrastructure and regulatory challenges in Africa, have uniquely positioned us to help founders develop successful businesses while delivering exceptional returns on investment.

INVESTMENT PARTNERS

Ike Echeruo
MANAGING PARTNER

As co-founder and Managing Partner of Constant Ventures, Ike Echeruo brings more than twenty-five years of executive level experience to the fund, including serving as the Chief Executive Officer of the Constant Capital Group, a leading pan-African investment firm, which he founded in 2006. In addition to being an entrepreneur and active angel investor, Ike has been involved at the executive level in numerous start-up companies and currently sits on the boards of AppZone, Heala and Halo. His previous corporate experience includes extensive corporate finance and transaction work while at the Wall Street law firm Thacher, Proffitt & Wood.

Ike graduated from the University of Nigeria with a law degree in 1989. He holds a Master of Laws and MBA degrees from Indiana University.

Chinedu Echeruo
PARTNER

A serial entrepreneur, co-founder Chinedu Echeruo led sister company Constant Capital's principal investment business from 2009 to 2015.

Among previous ventures, Chinedu founded Tripology.com, an interactive travel referral service focused on connecting travelers with travel specialists that was later acquired by USA Today Travel Media Group; as well as the pioneering travel app HopStop, an online city transit and navigation guide that was scaled to cover 600 cities around the world. The app, which aggregated some 5 million users monthly, was acquired by Apple in 2013.

Widely known as a business leader and mentor, Chinedu has been featured across global media outlets, including Bloomberg, Fortune, the Wall Street Journal, the New York Times and CNBC. He holds an MBA from the Harvard Business School and a BS in Finance and Accounting (Honours) from Syracuse University.

VENTURE PARTNERS

MUHTAR BAKARE
VENTURE PARTNER

Muhtar Bakare started his career at the Nigeria International Bank managing import and export processing and, later, leading the Expanded Target Market Unit where he supervised the origination, sale and management of credit for small, growing businesses; before joining Trust Bank of Africa (now Sterling Bank Plc) as Executive Director in charge of Sales and Marketing.

In 2004, Muhtar pivoted to found Kachifo Limited, which has gone on to publish the most prominent voices in contemporary African literature; as well as its flagship imprint Farafina, which – through Farafina Educational’s Social Studies for Primary Schools – is now used by over 200 of Nigeria’s leading private schools. He has also served as Managing Director of Pearson Nigeria (2012-2016), was the Executive Producer of the feature film Half of a Yellow Sun, and the creator of the editorial department at the trailblazing Nigerian newspaper, 234NEXT.

Muhtar holds both a BA and MA in Architecture from Obafemi Awolowo University and completed the Senior Executive Program for Africa at the Harvard Business School.

TOYIN ODULATE
VENTURE PARTNER

A seasoned consumer goods and FMCG senior management professional, Toyin Adulate has over 18 years of multi-national corporate experience in retail management and distribution, supply chain optimisation, strategic development, operational planning, risk management, business development, product development and branding and marketing. She has held senior roles at L’Oreal, MTN Nigeria, Accenture and Danone ELN, where she served for seven years as Regional Director for Anglophone West Africa.

More recently, Toyin founded and serves as the CEO of Olori Beauty Enterprise LTD, an African multi-brand cosmetics manufacturing company that has been featured across international media, as well as in the Companies to Inspire Africa report (2019) published by the London Stock Exchange.

Toyin serves as a non-Executive Director of ABInBevs and Afrinvest West Africa Limited. Fluent in English, French and Yoruba, she holds a BS in Civil & Environmental Engineering from Temple University and an MBA from INSEAD.

CHINWE AJENE-SAGNA
VENTURE PARTNER

After more than 20 years of executive experience in real estate finance and development, Chinwe Ajene Sagna founded and serves as the Managing Partner of Catalyst Realty Solutions, a full-service real estate firm offering strategic advisory and asset management services in the property sector.

Chinwe’s prior positions include Group Head of Business Development for Africa at Rendeavour and Head of West Africa at JLL. She has executed transactions for the real estate portfolios of key French corporates, including Société Générale, Credit Agricole CIB, Sanofi, SAP, FFD and France Telecom/Orange.

Chinwe currently sits on the boards of Amandla Capital and Sunu Real Estate and is a Director of the RiTA fund for the Rising Tide Association. She holds a BA in Art from Dartmouth College, an MBA from the Harvard Business School, a Diploma from the UK Institute of Directors Boardroom and a MRICS from the Royal Institute of Chartered Surveyors.

Meredith Ogilvie-Thompson
VENTURE PARTNER

A journalist by background with more than 20 years of experience covering financial, political and environmental stories across Africa, Meredith Ogilvie-Thompson is a strategic development and impact professional specialising in helping businesses and entrepreneurs engage stakeholders and catalyse investment. Prior to founding her own consultancy in 2016, Meredith served as a Senior Managing Director and Head of Africa at Aldwych Capital Partners, a boutique investment bank focused on emerging market economies. Known for her work in support of initiatives aligned with the UN Sustainable Development Goals, Meredith is also the founder of Africa House, a business development platform launched during UN General Assembly (2018) to promote Africa-focused entrepreneurs and creatives.

Meredith holds a BA in Political Science from Columbia University and a Master of Arts from the University of Cambridge. She serves on the boards of Halo and Halo MicroFinance Bank, is a member of the Advisory Board of Big Life (Kenya) and a Trustee of ERuDeF (Cameroon).

NNENNA ONYEWUCHI
VENTURE PARTNER

An internationally recognised marketing and business strategy executive with 25 years of experience, Nnenna Onyewuchi began her career at McCann Erickson in New York. And, since then, has worked with more than 50 consumer brands – including, Coca Cola, Absolut, Kohl’s, Sharpie, Microsoft, Xbox, British American Tobacco, Dangote, BlackBerry, Jumia, Canon, MTV Base, Celtel, MTN and UNICEF – across the disciplines of advertising, experiential marketing, content production and distribution and pay-TV.

Having co-designed a proprietary branding model, Nnenna spent several years as a Creative Director, and helped pioneer a suite of non-traditional research tools that extended beyond communications, from coffee table books to video games. In 2010, she co-founded Yellow Brick Road, an integrated communications agency based in Lagos. In 2021, her sterling reputation within the marketing industry earned her the number 2 spot among strategists in the Loeries’ Official Rankings of Creative Professionals in Africa and the Middle East.

Nnenna is deeply committed to the progress of African people, enterprise and communities, and believes women have the power and responsibility to transform industries and economies where they work and live. Nnenna is the co-founder of Halo, a Constant Ventures portfolio company. She sits on the board of several indigenous companies, served as Chairperson of the Board of WAVE, a non-profit working to solve youth unemployment in West Africa.

OUR TEAM

EPHRAIM DUVBIAMA

Ephraim Duvbiama is a finance and investment professional with extensive experience advising and investing in technology start-ups in Africa and Canada.

Prior to joining Constant Ventures, Ephraim worked at Lagos-based Chrysalis Capital – an investment management firm focused on scaling early-stage tech companies in Africa – where he advised various technology start-ups, including Bitsika, Autochek and Specta on fundraising, growth and expansion strategies; as well as led the Chrysalis–BKR Capital venture investment team, closing investments in MICC Financials, Treepz, GOODEE and Fyyne.

A management consultant by background, Ephraim started his career at KPMG working with the deals advisory team in Nigeria. before joining ARM’s agribusiness fund management team and, ultimately, transitioning into the start-up ecosystem, working in corporate finance at Babban Gona.

Ephraim graduated from the University of Lagos with degree in Finance and holds an ACA certification from the Institute of Chartered Accountants of Nigeria (ICAN).

IKEANNA UDE

Ikenna Ude is a finance professional, with both investment banking and venture capital experience.

Prior to joining Constant Ventures, Ikenna was an Associate at Chrysalis Capital, where he advised on and helped implement investments into numerous technology start-ups, including Sabi, Meddy and CinetPay; as well as assisted with development, growth and expansion strategies for Bitsika, Noblesteed and Helium Health.

Ikenna graduated from the University of Ilorin with a degree in Electrical and Electronics Engineering.

TOSAN SMITH

Tosan Smith is an experienced operations analyst.

Prior to joining Constant Ventures, Tosan worked as an Operations Analyst at Chrysalis Capital, where she was responsible for investor and public relations and communications, employee relations, and data and process management. While there, Tosan earned a well-deserved reputation for her leadership developing and executing key operational tasks.

Tosan holds a degree in International Relations and Diplomacy. She is fluent in both French and Spanish and has served as a volunteer research analyst at the United Nations.

RIDWAN YUSUFF

Ridwan Yusuff specialises in accounting, risk management and internal control.

Prior to joining Constant Ventures as lead Accountant, Ridwan served as the Head of Treasury and Deputy Head of Finance for Integrated Cash Management Services, Ltd, where he was responsible for setting up the treasury department, as well as implementing numerous initiatives to reduce costs and mitigate revenue loss.

Ridwan is an Associate of the Institute of Chartered Accountants of Nigeria (ICAN) and a Certified Information Systems Auditor (CISA) with more than eleven years post graduate experience in risk management, internal control, financial accounting and auditing. He holds degrees from the Federal Polytechnic Ede and Obafemi Awolowo University.

WORK WITH US

Let’s Build Africa’s Future.

Africa’s challenges offer unique opportunities. We work with entrepreneurs to realize those opportunities and create enterprises that will make a significant impact in people’s lives.

Join us today in creating a promising future for Africa.

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