Founder StackFundsNubia Capital
Pan-African · HQ: Rochester Hills, Michigan

Nubia Capital

Investing in phenomenal African businesses, driven by a commitment to creating a positive impact on the continent's future.

Data verified 2026-07-24

At a glance

RegionPan-African
Offers for AfricansYes to Pan-African (Nigeria, Kenya, Ghana, South Africa, Egypt)
SectorsSector-agnostic
Overview

Overview

Nubia Capital is a US-based, pan-African venture capital firm led by Managing Partner Olaide Lawal and Co-Managing Partner Davidson Oturu. The firm backs early-stage African startups and global companies addressing African market challenges, with a portfolio of 12+ companies across Nigeria, Ghana, Egypt, and the UK/Africa diaspora.

The investment approach goes beyond capital, with the team providing strategic guidance, regulatory insight, and ecosystem support. Oturu serves as a private sector representative on Nigeria's National Council for Digital Innovation and Entrepreneurship, which gives the firm direct policy-level connections that most VCs lack. The portfolio spans fintech (Flick, Regxta, Phundit), healthtech (Blueroomcare, UltraTeb, Fertitude, Syndicate Bio), and AI-powered platforms (EATO, Niteon, Greenbaq AI), with a consistent theme of building products that serve underserved populations.

Key Partners

Key Partners

Name Role LinkedIn X/Twitter
Olaide Lawal Managing Partner Not disclosed Not disclosed
Davidson Oturu Co-Managing Partner Not disclosed Not disclosed
Nela Duke Ekpenyong Investment Committee Member Not disclosed Not disclosed
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