# African Capital Alliance

> African Capital Alliance is a VC fund backing Construction. See 26 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Grand Cayman, Cayman Islands
- Total investments: 26
- Last investment: Nov 2021
- Lead investor: 62%
- Fund size: $570M
- Last fund: Sep 2016
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/african-capital-alliance
- Website: http://www.acagp.com

African Capital Alliance is a private equity firm specializing in growth capital, equity, equity-related investments, and buyout investments in small and medium sized companies. It also aims at investing in growth companies, as well as turnaround situations and regional cross-border expansion opportunities. The firm prefers to invest in oil andgas, media, healthcare, electric power supply, business services, power, infrastructure, logistics, energy sector, technology, telecommunications, manufacturing for export, financial services, internet retail, online services, publishing, outsourcing services sectors, FMCG, agriculture/agribusiness,

## Contacts

5 contacts available for African Capital Alliance. Shizune tracks 3 team members at African Capital Alliance. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/african-capital-alliance?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Private Equity | $20M–$750M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Construction | 5 | 19% |
| Financial Services | 3 | 12% |
| Telecommunications | 3 | 12% |
| Hotel | 2 | 8% |
| Payments | 2 | 8% |

32 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 19 | 73% |
| Funding Round | 6 | 23% |
| Venture - Series Unknown | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 19 | 73% |
| Mauritius | 3 | 12% |
| United States | 1 | 4% |
| United Kingdom | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Cyril Odu | CEO | 0 | https://shizune.co/investors/profile/cyril-odu |
| Kennedy Onunwa | Co-Founder | 0 | https://shizune.co/investors/profile/kennedy-onunwa-f2ad |
| Okechukwu Enelamah | Founder & Chairman | 0 | https://shizune.co/investors/profile/okechukwu-enelamah-40bb |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| WIOCC | WIOCC is revolutionising the delivery of high-capacity connectivity between Africa and the rest of the world. As a result, it is now widely recognised as Africa’s carriers’ carrier, offering a one stop-shop and end-to-end service between more than 30 African countries and the world’s key global financial and commercial centres. As a specialist inthe wholesale market, WIOCC’s unique, flexible, bandwidth packages have been designed to enable carriers, mobile operators and internet service providers (ISPs) to take full advantage of Africa’s rapidly developing markets for fixed and mobile broadband and international corporate networking. WIOCC recognises that customers differ, and tailors many of its solutions to specific customer requirements. | $200M | Private Equity | Nov 24, 2021 |  |
| Food Concepts Plc | Food Concepts Pioneer Limited owns and operates bakeries which produce baked goods. |  | Venture - Series Unknown | Oct 04, 2021 |  |
| Accelerex Holdings | Accelerex Holdings specializes in the fields of financial services and investments. | $20M | Private Equity | Nov 19, 2020 |  |
| Global Accelerex Limited | Global Accelerex facilitates payments on physical and virtual channels with the use of debit and/or credit cards, USSD and account transfers | $20M | Private Equity | Nov 19, 2020 |  |
| Beloxxi | Beloxxi biscuits are produced under a hygienic and efficient production process environment. We are committed to enhancing consumer satisfaction with quality products that meet global standards.We use the best raw materials in our production process and also ensure that our products are affordable while maintaining quality standards. We striverelentlessly to be the best in every aspect of our business and also appreciate the value of continuous improvement. | $80M | Private Equity | Aug 14, 2016 |  |
| Vizier Ltd | Vizier Ltd is a provider of Construction and real estate services. |  |  | Sep 01, 2015 |  |
| Cap Phoenix Cornerstone | Cap Phoenix Cornerstone is a special purpose vehicle (“SPV”) set up for the investment and development. |  | Private Equity | May 01, 2015 |  |
| Filmhouse Cinemas | Filmhouse Cinemas is a dynamic cinema company set up to develop and operate cinemas in Nigeria and West Africa.The Filmhouse people are the key to our services, its senior management and development teams have over 100 years combined experience in cinema operation and development and film entertainment gained in England, Italy, USA, Spain andNigeria .The Filmhouse people are the key to our services, its senior management and development teams have over 100 years combined experience in cinema operation |  | Private Equity | Nov 01, 2014 |  |
| First Festival Mall | First Festival Mall is a special purpose vehicle solely dedicated to constructing and operating a 13382 square metre dual anchor shopping mall in Festac, Lagos State. |  | Private Equity | Sep 01, 2014 |  |
| Wakanow | Wakanow is Africa's one-stop-shop for cheap flights, hotel reservations and airport pickups. As the largest Nigerian travel portal, Wakanow.com continually helps travelers research, plan and purchase trips. Wakanow.com is 100% devoted to ensuring that all transactions are safe and secure - Life's waiting...Discover it with Wakanow! |  |  | Aug 01, 2014 |  |

10 of 26 investments shown.

## Co-investors
- [8 Miles](https://shizune.co/investors/profile/8-miles) — VC Fund, 1 deal together
- [KFW DEG](https://shizune.co/investors/profile/kfw-deg) — VC Fund, 1 deal together

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## FAQ

### What does African Capital Alliance invest in?

African Capital Alliance invests primarily in Construction, Financial Services and Telecommunications startups, most often at Private Equity and Funding Round stage. Most of the 26 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is African Capital Alliance's check size?

African Capital Alliance typically joins rounds of $20M–$750M at Private Equity. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds African Capital Alliance participates in.

### How do I contact African Capital Alliance?

Public channels for African Capital Alliance include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at African Capital Alliance?

The team at African Capital Alliance includes Cyril Odu (CEO), Kennedy Onunwa (Co-Founder) and Okechukwu Enelamah (Founder & Chairman). The Team section lists each member with their title, investment count and links.

### 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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