About the Nigeria angel investor scene
As of September 2026, Datapile tracks 6,175 angel investor and venture capitalist profiles in Nigeria. Sectors most represented: Technology, AI/ML, Fintech.
Datapile maintains a continuously refreshed database of 6,175+ angel investor and venture capitalist profiles in Nigeria. The interactive list above shows each profile with role, firm, city and LinkedIn. Use the search and filters to narrow by industry, stage, or city — or read on for a deep dive into the Nigeria venture ecosystem.
Featured guide: Top 50 Angel Investors in Nigeria (2026): The Complete Guide →
Ten angel investor profiles in Nigeria
A sample of the 6,175 investor profiles Datapile tracks in Nigeria. Contact details, where we hold them, are in the full database.| Investor | Role | Firm | Focus | City |
|---|
| Olufemi Oladehin | Managing Director and CEOVerified & completeDecides at a small fund | Argentil Capital Partners | Managing DirectorFintechTechnologyInvestment BankingCapital MarketsPortfolio Management | — |
|---|
| Susan Chen | Managing DirectorVerified & completeDecides at a small fund | New Trails Capital | Managing DirectorAI/MLMergers & AcquisitionsHedge FundsPrivate Equity | Lagos |
|---|
| Nnennia EjebeBacks Millennium Challenge Corporation | Partner and Investment Committee MemberVerified & completePartner at Adenia Partners | Adenia Partners | VC PartnerTechnologyVenture Capital & Private EquityDue DiligenceInvestmentsPrivate Equity | Lagos |
|---|
| Diran Olojo | Senior Vice PresidentVerified & completeInvestment team at First City Monument Bank Limited | First City Monument Bank Limited | InvestorTechnologyBankingangel investorpre-seedseed | — |
|---|
| Ajibola Fadeyi | Group Chief Financial OfficerVerified & completeInvestor at ASHA Microfinance Bank Nigeria (An Entity of ASA International Group) | ASHA Microfinance Bank Nigeria (An Entity of ASA International Group) | InvestorFintechBankingangel investorpre-seedseed | Ikeja |
|---|
| Ifeanyi Odii | PresidentVerified & completeInvestor at ULTIMUS Holdings | ULTIMUS Holdings | InvestorTechnologyVenture Capital & Private Equity | — |
|---|
| Elijah Shokenu | Head of VenturesAngel · invests own money | SWIT | Angel InvestorTechnologyStrategic PlanningProject ManagementCopywriting | — |
|---|
| Oluwaseyi Akinola | CRJ 700 and 900 CAPTAngel · invests own money | ValueJet | Angel InvestorTechnologyAngel investorFounder | — |
|---|
| Tomie Balogun | Founding Partner and CEOAngel · invests own money | Twelve Advisory. | VC PartnerTechnologyStartup DevelopmentInvestingPrivate Capital Structuring | — |
|---|
| Segun Agoro | Co-FounderAngel · invests own money | The ChopWagon | Angel InvestorTechnologyAngel InvestorResearchTeaching | — |
|---|
$3.3B
Capital raised (tracked)
The Nigeria funding landscape
Africa's largest economy and most active startup ecosystem. Lagos ('Yabacon Valley') accounts for 70%+ of funding. Landmark exits: Paystack (Stripe acquisition), Flutterwave ($3B+ valuation). Nigeria Startup Act (2022) provides tax incentives and regulatory sandbox.
Inside the Nigeria venture ecosystem
Best for fintech, e-commerce, logistics, and healthtech founders building for Nigeria's 220M+ population — Africa's largest economy. Lagos ('Yabacon Valley') accounts for 70%+ of Nigerian funding. International founders typically structure as a Nigerian operating company with offshore (Mauritius, Delaware, or Cayman) holding company for international investor comfort.
Top venture capital firms in Nigeria
The most active institutional investors funding startups in Nigeria, from pre-seed accelerators to growth-stage funds.
TLcom Capital
Series A and B across African tech
Future Africa
Pre-seed and seed African startups, founded by Iyin Aboyeji
Ventures Platform
Pre-seed African tech
Microtraction
Pre-seed Nigerian startups
Norrsken22
Series A and B African and emerging-market tech
Kepple Africa Ventures
Pre-seed African tech, Japanese-backed
Landmark startup deals from Nigeria
Notable funding rounds and exits that have shaped the Nigeria startup landscape.
Flutterwave
$3B+ valuation Series D led by B Capital, 2022
Paystack
Acquired by Stripe for $200M+, 2020 — first major Nigerian fintech exit
Andela
$200M Series E at $1.5B valuation led by SoftBank Vision Fund 2, 2021
Opay
$400M Series C at $2B valuation, 2021
Where venture capital flows in Nigeria
The sectors that attract the bulk of Nigeria-based venture funding and why.
Fintech
Flutterwave, Paystack, Opay, Kuda dominate African fintech; CBN regulatory framework supports innovation.
E-commerce & logistics
Jumia, Konga, and Paga leverage Nigeria's 220M+ population.
Healthtech
Helium Health, Reliance HMO digitize fragmented healthcare.
Edtech
uLesson, Klusterpoint serve Nigeria's 100M+ school-age population.
Climate & off-grid energy
Renewable energy and pay-as-you-go solar serve unbanked populations.
Tax incentives and deal structures in Nigeria
Tax incentives for angel investors
Nigeria Startup Act (2022) provides tax holidays (3-year corporate tax exemption for labelled startups), simplified FX rules, and regulatory sandbox access. Pioneer Status Incentive provides up to 7-year tax holiday for qualifying technology investments.
Common investment instruments
SAFE notes (Y Combinator-style) for pre-seed; priced equity using Nigerian limited liability company shares with Nigerian-law shareholder agreements.
Frequently asked questions about raising in Nigeria
What does the Nigeria Startup Act (2022) do?
The Nigeria Startup Act 2022 created the Startup Label, a formal designation for Nigerian startups under 10 years old that meet innovation criteria. Labelled startups get a 3-year corporate income tax holiday (extendable to 5), simplified foreign exchange rules, regulatory sandbox access via the Startup Consultative Forum, immigration support for foreign talent, and access to dedicated funding pools. It was the first comprehensive startup-specific legal framework in Africa.
Why do most Nigerian startups have a Mauritius or Delaware holding company?
Most Nigerian VC-backed startups structure as a Nigerian operating company with an offshore parent (typically Mauritius for Africa-focused funds, or Delaware for US-investor-led rounds). This addresses Nigerian foreign-exchange controls, simplifies dividend repatriation under double-tax treaties, gives international investors familiar legal frameworks, and enables clean exits via M&A or future IPO. Mauritius is preferred when the cap table is mainly African; Delaware when US VCs lead.
Recent funding rounds in Nigeria
The latest venture rounds raised by Nigeria-based startups — most recent activity September 2026. See who is deploying capital right now, then find the investors behind these deals.
See all Nigeria funding rounds →Angel investors by city in Nigeria
Drill into the cities with the most angel investor and VC firms in Nigeria.
Reach the investors we hold contacts for in Nigeria
You're browsing 6,175+ angel investor and VC profiles in Nigeria. Create a free account to unlock direct emails and LinkedIn profiles, save a shortlist, and start outreach today — before your competitors reach them first.
Unlock Nigeria investor contacts →Related on Datapile
More investor markets in West Africa
