Sequoia

Sequoia is a venture capital investor active in Africa from October 2006 to October 2022. The firm participated in 5 funding rounds, investing a total of $93.0M across seed, Series A, and Series B stages. Sequoia focused on early-stage investments in fintech and communication & social sectors. It backed companies in Egypt (2 rounds), South Africa (2 rounds), and Nigeria (1 round), including Telda (fintech, Egypt), Opay (fintech, Nigeria), and Clickatell (communication & social, South Africa). Investments included $20.0M seed in Telda (Oct 2022), $5.0M seed in Telda (May 2021), $50.0M Series A in Opay (Jul 2019), $12.0M Series B in Clickatell (Feb 2011), and $6.0M Series A in Clickatell (Oct 2006). Sequoia co-invested with firms such as Global Founders Capital, Block, Class 5 Global, Source Code Capital, GSR Ventures, Dianping, HongShan, IDG Capital, and DAG Ventures.