Golden Palm Investments

Golden Palm Investments (GPI) is a prominent venture capital firm headquartered in Accra, Ghana, with a dedicated focus on fostering the growth of the African tech ecosystem. Founded by Sacha Poignonnec, the firm positions itself as an impact investor, committed to backing innovative entrepreneurs who are building scalable solutions across the continent. GPI's investment mandate spans early-stage, venture, and growth capital, aiming to support companies from their foundational stages through significant expansion.

The firm's investment strategy is deeply rooted in identifying and nurturing high-potential businesses that address critical market needs within Africa. GPI actively invests across various sectors, including fintech, logistics, healthcare, and education, demonstrating a broad yet strategic approach to its portfolio construction. As of recent reports, Golden Palm Investments has made investments in over 20 companies across 7 African countries, showcasing its extensive reach and commitment to continental development. Their hands-on approach often involves not just capital injection but also strategic guidance and operational support to their portfolio companies.

GPI's portfolio boasts an impressive roster of some of Africa's most successful and rapidly scaling technology companies. Notable investments include mPharma, a leading e-health company; Andela, a global talent network; Flutterwave, a prominent payments technology company; and Kobo360, a logistics platform. These investments underscore GPI's ability to identify future market leaders and contribute to their significant growth trajectories. While specific investment amounts can vary, Golden Palm Investments typically invests between $100,000 and $1 million in its portfolio companies, often participating in seed to Series A rounds, and occasionally larger growth rounds as an initial investor. This range allows them to engage with promising startups at various critical junctures of their development.