Venture capital firm
Baobab Network
The Baobab Network Ltd. is a Nairobi-based technology accelerator and venture capital firm that focuses on early-stage investments in African tech-enabled startups. Founded in 2016, the firm provides pre-seed capital, intensive hands-on venture support, and access to a global network of mentors and corporate partners through a structured 12-week remote accelerator programme. Its investment strategy is sector-agnostic, prioritising asset-light, scalable business models led by African-born founders or teams with a significant presence on the continent.
Investment focus
- Sectors
- Financial servicesEnergy and powerTechnologyConsumerManufacturing and industrialsHealthcareReal estate and housing
- Stages and strategies
- Pre-seedSeed
- Instruments
- Equity
- Regions
- Pan-African
- African markets named in public materials
- Kenya
Selected portfolio and direct investments
- Medikea Afya App Limited
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 26 Oct 2026 | Baobab Network, Catalyst Fund, and partners invest USD 1.2 million in Medikea's operations in Tanzania | Venture Capital | $1.2m | Tanzania |
Sources
- Partner Researchers, accessed 14 November 2026