Saviu Ventures, a venture capital firm dedicated to Francophone Africa, has sold its majority stake in Ivorian digital logistics platform Kamtar to the pan-African logistics company Logidoo.
The deal, announced on October 8, 2025, marks another of the firm’s significant exit this year, following the sale of its entire stake in eyewear company Lapaire to global investment firm Creadev in January. The back-to-back exits signal a maturing portfolio for Saviu as it simultaneously deploys capital from its second fund.
Founded in 2018, Kamtar operates a digital platform that connects industrial companies in Côte d’Ivoire with a network of independent truck drivers, optimising freight transport. The startup has served over 40 corporate clients and generated a cumulative turnover exceeding €17 million.
For the buyer, Logidoo, the acquisition is a strategic move to consolidate key trade corridors. “Integrating Kamtar allows us to consolidate strategic trade corridors from Morocco to Abidjan and offer our clients reliable, competitive, and efficient road transport solutions,” said Tamsir Ousmane Traoré, Founder and CEO of Logidoo.
The move strengthens Logidoo’s ecosystem, which includes international freight, last-mile delivery, and B2B marketplace services across eight African countries.
Benoît Delestre, Managing Partner at Saviu Ventures, commented on the exit: “Kamtar is a prime example of how African entrepreneurs are addressing complex logistics challenges through technology. We are pleased to see Kamtar enter a new phase of growth alongside Logidoo.”
A Year of Returns
The Kamtar sale comes just nine months after Saviu exited its position in Lapaire, a pan-African eyewear company it first backed in 2018. Saviu, which held a 22% stake, stated it achieved “several times” its initial investment.
During Saviu’s involvement, Lapaire expanded from three branches in Kenya to nearly 90 across six countries, with Francophone West Africa becoming its primary revenue driver. The company has conducted over 500,000 eye tests and now employs more than 400 people. The acquisition by Creadev, the investment firm of the family behind retail giant Auchan, is intended to fuel further expansion.
Fuelling Fund II
The successful exits provide momentum for Saviu as it deploys its second fund, Saviu II. In February, the firm announced the fund’s second close at €25 million, with backing from institutional investors including the Dutch Good Growth Fund (DGGF), Proparco, and AXIAN Investment.
The fund is targeting a final close between €30 million and €50 million. It will continue the firm’s strategy of investing €500,000 to €3 million in early-stage (Seed to Series A) tech and tech-enabled companies in the region.
Saviu II has already made several investments, including in:
- Julaya (Ivory Coast): A B2B neobank for businesses.
- Waspito (Cameroon): A digital health platform.
- Rubyx (Senegal): A lending-as-a-service fintech platform.
- Workpay (Kenya): An HR and payroll SaaS platform.
Saviu’s first fund backed notable startups like e-commerce platform Anka, logistics provider Paps, and inventory financing platform Zanifu.
Why It Matters
While fundraising rounds often dominate headlines in Africa’s tech scene, successful exits are a more critical indicator of a healthy and maturing ecosystem. They provide liquidity for early investors and founders, validate the market for global acquirers, and generate returns that can be recycled into new ventures.
Saviu’s ability to secure two strategic exits in a single year demonstrates a clear path from investment to return in Francophone Africa, a region that has historically received less venture capital than Anglophone hubs like Nigeria, Kenya, and South Africa. This track record is crucial for attracting more institutional capital to the continent and proving the long-term viability of its tech startups.