Having a clear investment thesis, picking strong teams with large addressable markets, and spreading risk effectively are key aspects towards building a successful venture capital fund portfolio, say leading African tech investors. Key to building a strong portfolio is having a clear investment thesis, says Philip Gasaatura of Katapult Africa. “Your investment thesis or strategy is your “why?”. Is there a potential market outside their home market? Most take a portfolio approach, which Commaille says means not putting too much of any one fund into one investment.

Source: The North Africa Journal June 09, 2023 06:01 UTC