British International Investment

CRE Venture Capital Fund III A LP

KenyaNigeriaSouth AfricaWest AfricaFinancial servicesTechnology and telecoms

CRE Venture Capital Fund III is an early-stage venture fund, investing in tech-enabled businesses across Africa. Its objective is to solve structural challenges in African markets by investing in B2B, fintech and marketplace business models with potential for large-scale job creation.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $8m West Africa Financial services, Technology and telecoms August 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
BKey, Inc. Nigeria West Africa Technology and telecoms November 2025 Active
CutStruct Technology Limited Nigeria West Africa Technology and telecoms February 2024 Active
DataServe AI, Inc. Nigeria West Africa Financial services February 2025 Active
Flood Pte Ltd. South Africa Southern Africa Technology and telecoms July 2024 Active
Letly Group Inc. South Africa Southern Africa Technology and telecoms February 2026 Active
Namiri Technology Limited Kenya, Nigeria, Zambia East Africa, Southern Africa, West Africa Technology and telecoms May 2025 Active
OJM Resources Inc. Nigeria West Africa Technology and telecoms February 2024 Active
Satoshi Holdings Limited South Africa Southern Africa Technology and telecoms October 2025 Active
Sava Technologies, Inc. South Africa Southern Africa Technology and telecoms February 2024 Active
Sukhiba Inc. Kenya East Africa Technology and telecoms February 2024 Active
Velio Projects Inc. Nigeria West Africa Technology and telecoms September 2025 Active

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