More
    HomePartner ContentJapanese VC Giant Plots New Future with Africa’s Top Venture Capitalist

    Japanese VC Giant Plots New Future with Africa’s Top Venture Capitalist

    Published on

    spot_img

    Kepple Group, the Japanese VC firm led by founder and CEO Takahiro (Taka) Kanzaki, has revamped its governance structure with the appointment of three new board members, signaling ambitions to expand its global footprint — including deeper ties with Africa’s startup ecosystem.

    The Tokyo-based firm, which manages Japan’s largest secondary fund at ¥10 billion ($68 million), has brought on Ory Okolloh, a partner at Verod-Kepple Africa Ventures (VKAV), as an outside director. She is joined by Kei Tanaka, a former Goldman Sachs Japan investment head, and Eric Marcks, a legal expert in cross-border startup transactions.

    The appointments come as Kepple seeks to strengthen its corporate governance while accelerating international growth, particularly in Africa, where its joint venture with Nigeria’s Verod Capital has been actively investing.

    Kepple Group, which operates venture capital, data, media, and platform businesses, has framed the leadership overhaul as part of a broader push to become a “truly global financial group.”

    Okolloh, a Kenyan lawyer and investor, brings extensive experience in African tech and policy, having previously served as Google’s Head of Policy & Government Relations for Africa and Managing Director at Omidyar Network Africa. Her appointment underscores Kepple’s focus on Africa, where VKAV has backed startups like Nigerian fintech Traction and agritech Releaf.

    “Joining Kepple’s board presents an exciting opportunity to work alongside a team that shares my passion for driving meaningful impact through strategic investments,” Okolloh said in a statement.

    Ory Okolloh is a partner at Verod-Kepple Africa Ventures (VKAV). 

    Kei Tanaka, who spent 17 years at Goldman Sachs, will contribute expertise in private equity and distressed debt, while Eric Marcks, a Tokyo-based lawyer specializing in venture capital and M&A, will bolster governance.

    Kepple’s partnership with Verod Capital, launched in 2022, positions it as one of the few Japanese VCs with a dedicated Africa focus. The $60 million VKAV fund targets high-growth startups across the continent, leveraging Okolloh’s network and Kepple’s secondary market expertise.

    The move aligns with growing interest in African tech from Asian investors, including Japan’s SBI Holdings and Singapore’s Tolaram. However, Kepple faces competition from established players like Partech and TLcom Capital.

    While Kepple’s governance revamp signals ambition, scaling in Africa won’t be easy. Currency risks, regulatory hurdles, and a funding downturn pose challenges.

    For now, Kepple’s global push hinges on balancing its Japanese LP base with bolder international bets. If successful, it could emerge as a rare bridge between Asian capital and African innovation.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.

    More like this

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.