# Africa Development Capital

> Africa Development Capital is a VC fund in Winnipeg backing Automotive and Industrial. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Winnipeg, Canada
- Total investments: 1
- Last investment: Mar 2020
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/africadevelopmentcapital
- Website: https://africadevelopmentcapital.com
- Facebook: https://www.facebook.com/AfricaDevelopmentCapital

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.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 1 | 100% |
| Industrial | 1 | 100% |
| Manufacturing | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Jet Motor Company | JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads. | $9M | Series A | Mar 12, 2020 |  |

1 of 1 investments shown.

## Co-investors
- [Greatman Legend](https://shizune.co/investors/profile/the-gig-group) — VC Fund, 1 deal together

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## Featured in investor lists
- [Manufacturing Investors in Nigeria](https://shizune.co/investors/manufacturing-investors-nigeria)
- [Manufacturing VC Funds in Nigeria](https://shizune.co/investors/manufacturing-vc-funds-nigeria)

## 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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