Future Africa
Future Africa is a Lagos-based venture capital firm established in 2016, dedicated to empowering mission-driven founders and innovators to tackle significant challenges across the African continent. The firm focuses on creating a future where purpose and prosperity are accessible to all. Future Africa invests in a diverse array of sectors, including agriculture, data and artificial intelligence, e-commerce, education, finance, healthcare, and technology, among others. By supporting startups and entrepreneurs, Future Africa aims to foster the development of transformative solutions that contribute to the continent's economic growth and social progress.
Lori Systems
Venture Round in 2025
Lori Systems is a logistics platform based in Nairobi, Kenya, that connects transporters with cargo owners across Africa. Founded in 2016, the company also has offices in Mombasa, Uganda, and Lagos. Lori addresses a significant challenge in the African logistics sector, where up to 75% of product costs can be attributed to logistics, compared to only 6% in the United States. The platform provides a tech-enabled and operations-driven marketplace that enhances transparency, flexibility, reliability, and cost efficiency, achieving savings of over 18% for users. It offers real-time tracking of cargo, automated documentation, and streamlined payment processes, facilitating smoother goods transportation across the continent. Since its product launch in May 2017, Lori has experienced rapid growth, with a compounded monthly increase of 30%. The demand for its services continues to rise, supported by recent investments from prominent institutional and strategic investors. The company has also received recognition, including winning Techcrunch Battlefield Africa.
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