China, known for its investments and growing technology sector, is also actively investing in startups across Africa. Let's look at five Chinese venture capitalists who will be interested in projects from Nigeria in 2025.
Sequoia Capital China (HongShan)
Founded in 2005, Sequoia Capital China, now known as HongShan Capital Group, manages over $55 billion in assets and has invested in more than 1,500 companies. Notably, it has invested over $581 million into eight African startups, including Nigerian OPay and South African Revio.
Future Hub by Transsion Holdings
Future Hub, a subsidiary of Chinese company Transsion founded in 2019, aims to fund and incubate Africa-focused startups. Notable projects include Termii and Carry1st, which have been funded by Future Hub.
MiraclePlus, Redpoint Ventures China and MSA Capital
MiraclePlus, established in 2018, is one of the largest accelerators in China with a valuation of $12 billion. Redpoint Ventures China, operating since 2005, focuses on early-stage startups. MSA Capital, founded in 2014, also invests actively in technology-enabled startups across MENA and Africa.
Chinese venture capitalists play a significant role in supporting startups in Nigeria and across the African continent. Investments in these companies provide new opportunities for growth and development.