XA Network Expands into Africa with XA Africa to Support Tech Startups

Southeast Asia’s leading investment network, XA Network, has officially announced its expansion into Africa with the launch of XA Africa. The move highlights the network’s commitment to fostering innovation and supporting promising startups on a global scale.

Founded by a trio of seasoned tech professionals, XA Africa aims to connect exceptional African tech founders with experienced investors and industry experts. The founding team includes:

• Nitin Gajria: Former Managing Director of Google Sub-Saharan Africa
• Jason Scott: Venture capitalist and architect of the Black Founders Fund at Google
• Marek Dawidowicz: Current Marketing Director at YouTube and South African native

“Founders of technology startups in Africa are uniquely positioned to tackle some of the continent’s most pressing challenges and unlock significant opportunities,” said Nitin Gajria, Co-Founder of XA Africa.

The launch of XA Network in Africa is a natural progression that enables us to connect remarkable founders with seasoned operators from the tech industry.

XA Africa is dedicated to providing not only capital but also the necessary guidance and support for African startups to scale their ventures successfully. The newly established network has already made significant investments in promising African startups, including:

• Crop2Cash (Nigeria)
• BuuPass (Kenya)
• Kaya (South Africa)
• Talamus Health (Ghana)

Sonia Kabra and Wyclife Omondi, founders of BuuPass, expressed their enthusiasm: “We are excited to have XA Network on board because of their strong network of experts who are open to listening and helping. They’ve introduced us to advisors from Expedia and truly understand the dynamics of emerging markets, making them a valuable investor.”

Michael Ogundare, CEO of Crop2Cash, added, “Partnering with XA Network has been a game-changer for our company. Their strategic guidance and network have opened doors to new opportunities, and we’re excited to see the impact of our collaboration continue to unfold. We’re grateful for their trust in our vision.”

Since its inception six years ago, XA Network has established itself as a major player in the Southeast Asian startup ecosystem, making nearly 100 investments in the region and consistently ranking as the #1 investment network in the area.

The network comprises senior leaders from prominent global and regional technology companies and notable founders, offering portfolio companies unparalleled guidance and support from experienced industry operators.

“We also see an opportunity to build a stronger bridge between ecosystems in Africa and Southeast Asia along the way. This investment hypothesis has already been validated through some of the African founders we are currently supporting,” Mr. Gajria added.

To further engage with the startup community, the XA Africa team will host its first public Demo Day webinar on Thursday, November 7, from 1-2 PM GMT+1. This event will provide Africa-focused investors the opportunity to meet and invest in four founding companies and learn more about XA Africa. Click here to register for the event.