WURI VENTURES

VENTURE CAPITAL IN AFRICA

Wuri, an Ancient mathematical game is Africa's version of GO

Its unique mathematical properties, from cellular automata and emergence to numerical methods, studied by researchers, links ancient African culture to modern technology

Complex Systems

Coordination

  • Creating Public Goods
  • Network Effects
  • No incentive for individuals
  • Platforms, transaction fee based
  • Real Economy

Fragmentation

Integration

  • Integration with payment systems APIs
  • Connecting with local actors to enable continental distribution
  • Creating integrated payments market

Collective Action

Information Assymetry

Analytics

  • Co-investment patterns amongst African investors
  • Network Analysis
  • Access to information

Volatility

Diversification

  • Diversification of markets, currencies, etc.

Portfolio

Team

Tijan Watt

Tijan travelled to Senegal in 2001 to launch his first entrepreneurial venture, an FMCG Company that lead to a household brand, employing nearly 100 people and achieving revenues of $15 million. His entrepreneurial operating experience combined with finance at Goldman Sachs and PE in Nigeria gives him a unique profile for venture investing in Africa.

Jerome Cretegny

Jerome is the former country manager for the IFC covering six West African countries. Based in Dakar, he was responsible for a multi-sector investment portfolio of $150 million and managed a team of 70 staff. Jerome’s leadership in Private Equity financing in Africa uniquely positions him as an elite venture investor specializing in Africa.