Surayyah Ahmad, a seasoned entrepreneur and co-founder of Aduna Capital, has launched Sabou Capital, a new SME fund aimed at investing up to $1.5 million in 25 businesses across Nigeria, Senegal, and Côte d’Ivoire. The fund targets agriculture, renewable energy, supply chain, logistics, and mobility sectors—focusing on SMEs ready for scale but overlooked by traditional venture capital.
Sabou Capital, branding itself as a micro-private equity firm, takes a different route from conventional VC by backing tech-enabled but not tech-centric businesses. With a gender-lens investment approach, the fund also prioritizes women entrepreneurs and offers technical support to build strong governance and financial structures.
As Nigeria faces economic uncertainty, Sabou is diversifying into stable Francophone markets. The fund plans to kick off its fundraising roadshow in July 2025.
Read more here: https://techcabal.com/2025/04/07/sabou-capital-to-invest-up-to-500k/