At Akanka, our mission is to co-creating Heaven on Earth by designing and building innovative and sustainable ventures that address the world’s most pressing challenges, starting with Africa.
Today, we’re proud to celebrate a major milestone for one of our core portfolio ventures, Future Africa.
The Africa Finance Corporation (AFC) has approved a $40 million commitment to Future Africa Fund III, as part of a broader $100 million initiative to anchor leading African technology fund managers.
This commitment will enable Future Africa Fund III to back early-stage technology infrastructure and the founders building solutions that can shape Africa’s economic future. The broader initiative is expected to support innovations with the potential to contribute more than $700 billion to Africa’s GDP by 2050.
We have had the privilege of being part of Future Africa’s journey from its early days, and seeing it evolve into a major institutional investment platform is deeply rewarding.
For us, this milestone reflects what can happen when mission, capital, design, and bold African talent come together.
We’re excited to see Future Africa deploy this capital, support the next generation of African founders, and help build the infrastructure for a more prosperous continent.
Let’s co-create the future of Africa 🌍
