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Since 2015, Tencent has backed 7 African startups across 14 disclosed funding rounds totaling $206.1M, most heavily in Nigeria and Health Tech.
Tencent is a multinational technology company and corporate investor. Its official investor relations presence identifies Tencent Holdings Limited, and its corporate office is in Shenzhen, China. In Africa, the investment data provided shows Tencent backed companies in Nigeria and South Africa across seed, Series A, and Series B rounds. Its recorded activity is concentrated in health tech and fintech, with additional investments in AI and analytics and edtech. The Africa portfolio listed here includes Paystack, Reliance Health, Helium Health, Remedial Health, Curacel, uLesson, and Ozow. The recorded rounds suggest a repeated focus on healthcare software and services, digital payments, and other technology-enabled businesses at early and growth stages. The activity also shows a strong Nigeria tilt, with one South Africa investment in Ozow.
Data updated · Aug 11, 2026
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Tencent has backed 7 African startups across 14 disclosed funding rounds tracked on Liners, totaling $206.1M since 2015.
Mostly Series B: 5 of its 14 tracked rounds are at that stage, followed by Seed (5).
Tencent's tracked rounds are concentrated in Nigeria (14), South Africa (1).
Its tracked rounds lean toward Health Tech (9), Fintech (4), AI & Analytics (1), and 1 more sector.
Tencent most often shares rounds with Y Combinator (8 shared deals), Global Ventures (4 shared deals), Ventures Platform (3 shared deals).
Tencent’s recorded Africa investments are concentrated in Nigeria, with one investment in South Africa. The company names in the provided data include Paystack, Reliance Health, Helium Health, Remedial Health, Curacel, uLesson, and Ozow.