He aims to help tech entrepreneurs bring their innovative ideas to life and achieve their dreams. He has already invested in several startups in Africa.
Kwamena Afful (photo) is a lawyer by training, a businessman, and an investor from Ghana. He is the co-founder and CEO of PAVE Investments, where he focuses on investing in tech startups across Africa.
Founded in 2014, PAVE Investments is an investment platform that provides capital, strategic access, and resources to those creating opportunities to promote African talent on a global scale. The company also works with international businesses to help them succeed on the African continent.
PAVE primarily targets tech startups, supporting entrepreneurs in building their businesses. Among its investments are Nigerian fintech companies PaySack and Flutterwave, as well as Kenyan e-commerce platform MarketForce.
In addition to his role at PAVE, Kwamena Afful co-founded and is a partner at Microtraction, a Nigerian venture capital firm established in 2017. Microtraction provides pre-seed and seed funding to early-stage tech startups. He is also a co-founder and partner at MAGIC Fund, a venture capital fund launched in 2018, dedicated to supporting high-growth startups.
Afful holds dual bachelor’s degrees in law and in finance and international business from the University of Sydney in Australia. From 2004 to 2006, he worked as an accountant at First Data Corporation, an Australian fintech. In 2008, he joined the law firm Allens as a financial analyst, and from 2009 to 2013, he served as a team leader at Bain & Company, an international consulting firm.
Melchior Koba