Oui Capital

Oui Capital

Olu Oyinsan, a former technology banker and founder, began investing in African startups in 2017. Two years later, he partnered with ETH Zurich-trained engineer Francesco Andreoli to establish Oui Capital in Lagos. The pair hypothesized that Africa's startup ecosystem had reached an inflection point, but that a persistent shortage of pre-seed and seed capital was leaving capable founding teams stranded. They designed the firm to be that bridge — a concentrated vehicle writing first-checks into sub-Saharan Africa's emerging technology companies. The firm targets pre-seed and seed-stage technology startups across Africa, deploying across three broad investment themes: financial services, digital commerce and logistics, and human capital — which encompasses healthtech and edtech. Its mandate is direct, early-stage equity. Confirmed sector focuses include fintech and supply-chain technology. The firm's portfolio snapshot cites an aggregate valuation of $1.3 billion, though individual portfolio companies, fund sizes, or specific co-investors are not publicly itemized on its materials. Geographic coverage spans sub-Saharan Africa, with a stated emphasis on Nigeria's technology market. Oui Capital is run by its two managing partners, Oyinsan and Andreoli, who pair investing with hands-on portfolio support in fundraising, strategic finance, go-to-market execution, and talent acquisition. The firm has not disclosed its professional headcount or total assets under management. In June 2025, the partnership published a guide on its website addressing the real cost of venture capital for first-time founders, signaling an active posture in ecosystem education and founder development. Where many Africa-focused funds raise broad, multi-stage vehicles, Oui Capital concentrates on the earliest moment of company formation. That narrow aperture — pre-seed and seed only, with deep operational involvement — positions it less as a diversified asset-gatherer and more as an incubation-stage capital partner for technical founders in a region where such specialized early-stage capacity remains thin.