MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).
“We’ve built a differentiated model that has consistently delivered growth and profitability despite limited access to capital and tough macro conditions."
Black will work closely with Okoudjou, the executive team, and shareholders to steer Onafriq’s growth strategy, with a particular focus on expanding cross-border capabilities and forging global partnerships.
MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).
“We’ve built a differentiated model that has consistently delivered growth and profitability despite limited access to capital and tough macro conditions."
Kevin Dillon, co-founder of Africa Bridge Fund and whose growth equity firm Atlantic Bridge has invested in 110 deep technology companies, contributes from Cape Town, South Africa.