About Ajim Capital

Built on
conviction.

Ajim Capital was founded on a simple truth: Africa's most challenging problems are its greatest business opportunities. We invest in the founders who see this clearly.

Eunice Ajim
✦ Forbes 30 Under 30 · Venture Capital 2026
Eunice Ajim
Founder & Managing Partner
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The right kind of innovation doesn't just build companies — it builds countries.

Named to the Forbes 30 Under 30 — Venture Capital class of 2026, Eunice Ajim is the Founding General Partner of Ajim Capital. Born and raised in Cameroon, she moved to the United States in 2011 and went on to become a two-time tech founder — an experience that defines how she invests today.

Before launching the fund, Eunice built and scaled her own startup, raising $3.7M and growing it to $10M+ in value before exiting. She navigated the full arc of the founder journey — including building through adversity — which gives her an unusually grounded understanding of what her portfolio founders face at every stage.

Her investment edge is structural: she has spent years cataloguing 300+ proven business models from India, China, and Latin America — mapping each to Africa's specific infrastructure gaps, mobile-first consumer behaviors, and regulatory realities. This proprietary database drives Ajim Capital's sourcing, diligence, and post-investment support, replacing guesswork with pattern recognition from markets that have gone before.

With a portfolio of 30+ companies across Fund I and her angel investments — including Raenest (backed at pre-seed, now with a $14.3M total raise led by QED Investors), BuuPass, Dojah, Flex Finance, and Spleet — Eunice is currently deploying Fund II, a $20M vehicle targeting the next generation of African category leaders at pre-seed and seed.

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We equip, educate,
and empower.

Equip

As a successful founder and operator herself, Eunice works alongside portfolio companies to hustle, grind, and create opportunities. She's in the trenches with you — not watching from a board seat.

📚

Educate

We equip our founders with knowledge — through our insights blog, resources, podcast appearances, community events, and access to strategic partners who've built great companies before.

🌍

Empower

We've grown an extensive network of African founders, investors, and global experts in the diaspora and on the continent. Portfolio founders get full access — introductions, warm handoffs, and mentorship.

Principles that
guide every decision.

01

Founders first, always

Every decision we make — from term sheets to follow-on — is made with the founder's long-term interest at the center. We're partners, not gatekeepers.

02

Conviction before consensus

The best investments are made before the market agrees with you. We invest in theses, not trends — and we have the patience to be early and stay the course.

03

Local presence, global standard

We invest and operate with deep local knowledge across African markets, but hold our portfolio companies to the highest global standards of execution and governance.

04

Compounding relationships

We invest in people, not just products. Our relationships with founders, LPs, operators, and ecosystem leaders are long-term assets that compound over time for everyone in our network.

The words that
matter most.

"

Eunice and the Ajim Capital team didn't just invest capital — they became true strategic partners in Raenest's growth journey. Their deep domain expertise and hands-on support proved instrumental in accelerating our fundraising and market expansion. Their genuine commitment to our success sets them apart as the kind of value-add investors every founder hopes to find.

Victor
Co-founder, Raenest
"

Ajim Capital have distinguished themselves with their profound understanding of our market challenges. They are more than just investors; they have become invaluable partners, unlocking strategic collaborations and generating high-impact opportunities that have significantly accelerated our growth trajectory.

Charles
Founder, Ebanqo

Ready to
work together?

Whether you're a founder with a bold vision or an investor looking for Africa exposure — we'd love to hear from you.

Apply for Funding → For Investors →