We believe that building transformative businesses is the path to unlocking the full potential of the continent. We are laser-focused on helping fund and build companies that can drive transformative leaps and impact the ecosystem of customers, suppliers, and markets in meaningful ways.
These operating principles guide our investment decisions:
We invest in businesses that provide platforms that democratize access to tools for wealth creation.
We invest in companies led, managed, and staffed principally by Africans.
We invest in the equality of access & opportunities in our portfolio companies and the markets they serve.
We are ethical, open and honest with our investors and the entrepreneurs that we back.
We are led by partners who have founded many successful companies and who have expertise and experience building companies to scale. We have an in-depth understanding of the business, cultural, structural, and regulatory challenges in Africa, and we are well-positioned to help founders overcome these challenges by leveraging our strong relationships and networks.
As 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.
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, which 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 featured in 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.
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. She co-founded Yellow Brick Road, an integrated communications agency based in Lagos. In 2021, Nnenna was honoured by the marketing industry, earning the number 2 spot among strategists in the Loeries’ Official Rankings of Creative Professionals in Africa and the Middle East. She sits on the board of several indigenous companies and previously served as Chairperson of the Board of WAVE, a non-profit working to solve youth unemployment in West Africa.
A seasoned consumer goods and FMCG senior management professional, Toyin Odulate 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.
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, 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.
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. There, he advised various technology start-ups, including Bitsika, Autochek and Specta, on fundraising, growth and expansion strategies and led the Chrysalis–BKR Capital venture investment team to close investments in MICC Financials, Treepz, GOODEE and Fyyne. A management consultant by background, Ephraim started his career at KPMG working with the deal advisory team in Nigeria. He later joined ARM’s agribusiness fund management team and, ultimately, transitioned into the start-up ecosystem to work for Babban Gona as a corporate finance executive. Ephraim graduated from the University of Lagos with a degree in Finance and holds an ACA certification from the Institute of Chartered Accountants of Nigeria (ICAN).
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; while assisting 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.
Prior to joining Constant Ventures, Tosan Smith 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 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.