Ventures Platform, one of Africa’s leading early-stage venture capital firms, has announced that Nigeria’s Investment in Digital and Creative Enterprises (iDICE) programme has joined its investor base as a Limited Partner (LP). This partnership marks a major milestone in Ventures Platform’s mission to deepen support for startups driving innovation across the continent.
The addition of iDICE—a $618 million initiative funded by the African Development Bank (AfDB), Islamic Development Bank, and other partners—underscores a shared commitment to nurturing Africa’s rapidly growing tech and creative ecosystems. By coming on board as an LP, iDICE aims to channel part of its resources into early-stage startups through Ventures Platform, ensuring that more Nigerian and African entrepreneurs can access critical funding and mentorship to scale their solutions.
Founded by Kola Aina in 2016, Ventures Platform has built a strong reputation for backing high-potential startups across fintech, edtech, healthtech, agritech, and digital infrastructure. The firm’s portfolio includes notable African tech companies such as Mono, PiggyVest, SeamlessHR, and Remedial Health. With this latest infusion of capital and backing from iDICE, Ventures Platform is set to expand its investment footprint, strengthen its follow-on investment capacity, and explore new markets beyond Nigeria.
Speaking on the development, Aina emphasized that this partnership aligns with Ventures Platform’s goal of bridging funding gaps and supporting scalable innovation that drives economic transformation. He noted that with iDICE’s involvement, the firm will be better positioned to back startups building solutions in key growth sectors that align with Africa’s digital future.
The move also reflects growing collaboration between public-sector initiatives and private venture capital to strengthen Africa’s startup ecosystem. iDICE’s involvement is expected to catalyze more partnerships that connect institutional funding with early-stage innovators.
As Ventures Platform continues to raise and deploy additional funds, this strategic collaboration signals a new era of coordinated investment efforts aimed at empowering African founders, fostering job creation, and unlocking the continent’s digital economy potential.
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