VC investor Bruce Nsereko-Lule joins Seedstars Africa Ventures as a general partner

By : Melchior Koba

Date : mardi, 13 septembre 2022 12:45

As an active actor in the African venture capital ecosystem, he has more than eleven years of experience in the field. His resume boasts an international experience with the likes of asset manager Credit Suisse.

Bruce Nsereko-Lule (photo) is a Nigerian investor and one of the three general partners of Seedstars Africa Ventures, since September 6, 2022.  

In his new function, he will help Seedstars deploy more funds to support its target businesses, notably tech startups in fast-growing sectors in Africa. He will contribute the experience and network he built as a venture capital investor on the continent. 

After his appointment as a general partner of the pan-African fund, which invested some US$5.3 million on the continent, Bruce told TechCrunch that Seedstars Africa Ventures would continue to provide financial and technical support to innovative companies. 

Seedstars Africa Ventures “will keep funding until the business [supported] has reached proper growth, and probably hit profitability and has opportunities to exit and further scale,” he added. 

Before joining Seedstars, the venture capital investor was an investment manager for Chandaria Capital, a VC firm based in Nairobi, Kenya. With Chandaria Capital, he led early-stage investments in 38 firms operating in Africa (for most of them), South America, and Asia.

From 2020 to 2022, Bruce Nsereko-Lule was a member of the Investment Advisory Committee of BFA Global's Catalyst Fund Inclusive Digital Commerce Accelerator. He also served on the executive committee of the food distributor Get It. In 2020, he was, for about three months, a member of the advisory board of the publishing and media company Start-up Guide. 

He began his professional career, as an intern, at the Kenyan investment bank Dyer & Blair Investment Bank in 2004. He then became an analyst at asset manager Credit Suisse in London between 2008 and 2014, before joining the investment committee of Kenya-based venture capital firm Ramure in 2019.

Melchior Koba


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