“Entrepreneurs investing in entrepreneurs -- backing high-impact technology companies across sub-Saharan Africa that create jobs and drive inclusive economic growth.”
E4E Africa (Entrepreneurs for Entrepreneurs) is an impact-driven venture capital firm founded in July 2020, dual-headquartered in Cape Town and Amsterdam, and licensed as a Financial Services Provider (FSP 54128) in South Africa. Led by Managing Partner Bas Hochstenbach and Principal Bakang Komanyane, the firm operates on a distinctive "entrepreneurs investing in entrepreneurs" model, which means the team brings operational founder experience alongside capital.
Fund I deployed approximately $20 million across 11 investments, backed by the SA SME Fund among other LPs. Fund II targets $30 million and has expanded the portfolio to 16+ companies across fintech, edtech, e-health, energy, and B2B technology. The portfolio includes several notable names: SweepSouth (on-demand home services, one of South Africa's earliest marketplace successes), Pineapple (peer-to-peer insurance technology), Kwara (savings and credit cooperative digitisation), Octavia Carbon (direct air capture and carbon removal), TUNL (cross-border logistics), Numida (SME lending in East Africa), and Talk360 (affordable international calling). The firm focuses on companies that combine commercial scalability with measurable social impact, particularly around job creation and financial inclusion, and invests from pre-Series A through scale-up stages with cheque sizes typically ranging from $500K to $3 million.
| Name | Role | X/Twitter | |
|---|---|---|---|
| Bas Hochstenbach | Managing Partner | Not disclosed | Not disclosed |
| Bakang Komanyane | Principal | Not disclosed | Not disclosed |