With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.
Seven of twelve African e-mobility companies that raised funding this year focus on battery-swapping infrastructure rather than vehicle charging, making standardisation increasingly critical.
In a year when "following the herd" described most African venture activity, these outlier deals stand out for actually taking risk. Which is, theoretically, what venture capital is supposed to do.
