Africa is a diverse market with unique challenges and unique opportunities. The application of technology offers promising prospects for significant advances and accelerated growth. At Constant Ventures, we address these challenges and capture these opportunities through our investments.
The continent is seeing a powerful rise in household income, strengthening the growth of the middle class which was estimated at 400 million in 2018. Nigeria, the largest economy on the continent recorded a 600% growth in the size of its middle class from 2000 to 2018.
The growing size of the middle class and the continent’s underdeveloped financial infrastructure is fueling demand for financial services such as insurance, banking, asset management, mobile money, micro-saving, and lending. Technology-driven solutions offer the prospect of transformative change. We are committed to investing in businesses leading the transformation of the sector in Africa.
Agriculture & Energy
Constant Ventures will invest in companies offering innovative solutions across the value chain of these sectors including food storage, distribution, renewable energy, and natural gas production and distribution. We will leverage our global network and investment expertise to work with leading teams focused on long-term value creation.