We are continuously developing a healthy deal pipeline from across Africa and screening start-ups that meet our basic criteria for further due diligence.
Shortlisted start-ups are taken through a rigorous due diligence process to understand their business models, traction and their growth strategies.
Selected start-ups are issued with a term sheet which outline in details the investment terms for consideration, iteration, and alignment. The term sheet is non-binding and only used in the negotiation phase.
Definitive terms emanating from the term sheet negotiations are translated into an investment agreement which is executed by both Fie-Ventures and the start-ups we invest in. Thereafter cash is disbursed as per the agreed-upon draw downs after meeting the stipulated milestones & KPIs.
We have a long-term investment horizon in all start-ups we invest in. We focus on scaling our start-ups, developing strong governance structures and creating sustainable business models to allow other investors to inject additional capital and grow the enterprises further.