WURI VENTURES

VENTURE CAPITAL IN AFRICA

Wuri, an Ancient mathematical game is Africa's version of GO

Its unique mathematical properties, from cellular automata and emergence to numerical methods, studied by researchers, links ancient African culture to modern technology

Complex Systems

Coordination

Creating Public Goods
Network Effects
No incentive for individuals
Platforms, transaction fee based
Real Economy

Fragmentation

Integration

Integration with payment systems APIs
Connecting with local actors to enable continental distribution
Creating integrated payments market

Collective Action

Information Assymetry

Analytics

Co-investment patterns amongst African investors
Network Analysis
Access to information

Volatility

Diversification

Diversification of markets, currencies, etc.

Portfolio

Team

Tijan Watt

Tijan travelled to Senegal in 2001 to launch his first entrepreneurial venture, an FMCG Company that lead to a household brand, employing nearly 100 people and achieving revenues of $15 million. His entrepreneurial operating experience combined with finance at Goldman Sachs and PE in Nigeria gives him a unique profile for venture investing in Africa.

Jerome Cretegny

Jerome is the former country manager for the IFC covering six West African countries. Based in Dakar, he was responsible for a multi-sector investment portfolio of $150 million and managed a team of 70 staff. Jerome’s leadership in Private Equity financing in Africa uniquely positions him as an elite venture investor specializing in Africa.