Top 5 Travel VC Funds &amp; Investors in Mali (October 2026)

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

Investment focus

Industry: Financial Services, FinTech, Agriculture
Stage:Seed, Pre-Seed, Series A
Geography: Kenya, United States, Nigeria

Investor stats

Total investments: 73
Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
Lead/follow: 18% lead, 82% follow

Portfolio highlights

Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
ReForest Latam — ReForest Latam is an biotech company restoring ecosystems and creating forests to fight climate change.

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AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

Investment focus

Industry: Financial Services, Manufacturing, FinTech
Stage:Private Equity, Venture - Series Unknown
Geography: Tunisia, Kenya, Morocco

Investor stats

Total investments: 115
Round size: Private Equity $6.5M–$18M; Venture - Series Unknown $2.1M–$20M
Lead/follow: 65% lead, 35% follow
Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
Spoon Consulting — Spoon Consulting provides IT and back-office services related to ERP technologies and cloud technologies.
Hi-Tech Detection Systems — Hi-Tech Detection Systems provide services based on analytical science and product inspection. They also launch remote diagnostic solutions for its fleet of analytical instruments and life sciences.

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CFAO is a multinational company engaged in the sale of manufactured goods

Investment focus

Industry: Financial Services, Apps, FinTech
Stage:Pre-Seed, Series A, Seed
Geography: Kenya, Senegal, Mali

Investor stats

Total investments: 9
Round size: Pre-Seed $700k–$1.5M; Series A $2M–$2M
Lead/follow: 44% lead, 56% follow

Portfolio highlights

ETAP — ETAP is a digital insurance application that allows you to set up your car insurance in just 90 seconds.
Kai Senegal — Kai Senegal is a digital ride-hailing app that connects customers with drivers and a fleet management solution that allows private owners and institutional investors to buy and maintain high-quality vehicles.
Touch Group — Touch Group provides a single-account, multichannel, and modular payment solution. Their device manages all the transactional needs of their customers. They offer payment acceptance, digital credit, real-time reporting, service distribution, mass payments, invoicing, cash-flow management, money transfer, and intercontinental settlement services.

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Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

Investment focus

Industry: Automotive, Financial Services, Transportation
Stage:Seed, Series A, Venture - Series Unknown
Geography: Kenya, Nigeria, Senegal

Investor stats

Total investments: 22
Round size: Seed $3.4M–$13M; Series A $3.1M–$24M; Venture - Series Unknown $100k–$3M
Lead/follow: 55% lead, 45% follow

Portfolio highlights

BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
Waspito — We are the platform that engages Africa into the conversation and action to drive affordable and accessible quality healthcare across the continent.
Drive to Own — Drive to Own allows users to purchase private cars with no maintenance or insurance costs and grants miles for running the vehicle based on their prepaid amount, allowing customers to acquire ownership of private cars without any long-term commitment or loan screening process.

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