LoftyInc Capital

LoftyInc Capital is a venture capital firm based in Victoria Island, Lagos, focused on Africa's growth enterprises. Over the past decade it has invested over $25 million in more than 150 companies, including several unicorns, and attracted over $1.5 billion in follow-on funding to its portfolio. It has built an ecosystem of tech hubs, angel networks, and talent platforms to support portfolio companies. The firm has achieved multiple exits and delivered strong returns across its Afropreneurs funds.

Julius Aroba

Investment Associate

Oluseye Bassir

Partner

Idris Bello

Founding Partner

Lydia Idem

COO

Mariam Kamel

General Partner

Past deals in Francophone Africa

Paps

Seed Round in 2022
Paps is a Senegalese transport and logistics company established in 2016. It specializes in innovative distribution solutions for businesses and merchants, offering real-time delivery scheduling and tracking via its e-commerce platform. Services include secure warehouse storage, insured parcel delivery, cash on delivery management, courier provision, returns management, collection, and periodic reporting.

StarNews Mobile

Seed Round in 2021
StarNews Mobile is a mobile content media company that designs, develops, and operates a digital platform enabling creators to produce, distribute, and monetize video content. Founded in 2017, it is headquartered in Santa Monica, California, with additional offices across Africa, including Ivory Coast, Cameroon, the Democratic Republic of the Congo, and South Africa. The platform offers subscription plans, pay‑as‑you‑go options, and exclusive content, allowing creators to connect directly with fans and earn revenue. It targets African creators and audiences, providing an affordable streaming service that supports local content production and offers a fair payout structure. The company also connects brands and celebrities with creators, expanding opportunities for collaboration and audience reach.

Paps

Seed Round in 2021
Paps is a Senegalese transport and logistics company established in 2016. It specializes in innovative distribution solutions for businesses and merchants, offering real-time delivery scheduling and tracking via its e-commerce platform. Services include secure warehouse storage, insured parcel delivery, cash on delivery management, courier provision, returns management, collection, and periodic reporting.
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