Africa Development Capital
VC Fund
Winnipeg, Canada
Africa Development Capital is a VC fund in Winnipeg focused on Automotive and Industrial. African focused investment firm with a mission to democratize alternative investments in Africa: providing access, liquidity, and transparency to a market that has traditionally only been available to a select few.
- Total investments:
- 1
- Last investment:
- Lead investor:
- 100%
Last updated:
For AI agents: llms.txt
Industries Africa Development Capital invests in
Stages Africa Development Capital invests in
Countries Africa Development Capital invests in
Investment Focus
Industry
- Automotive 1 (100%)
- Industrial 1 (100%)
- Manufacturing 1 (100%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
|
JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads. | $9M / Series A / Mar 12, 2020 |
Co-Investors
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FAQ
What does Africa Development Capital invest in?
Africa Development Capital invests primarily in Automotive, Industrial and Manufacturing startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.
When did Africa Development Capital last invest?
The most recent investment recorded for Africa Development Capital closed in Mar 2020. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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