Authors: Cameron Ormesher, Tebogo Masekwameng, Brendan Mullen — Secha Capital For a few years, the phrase in the investor-philosopher world that would lead to outsized financial returns was: “narrative violation”. A narrative volition can be defined as: Find a broad topic on which most agree and be contrarian via unique, differentiated insight. Ironically, unlike most VC and PE […]

Secha Capital — Re-Published Interview: 5 Minute GP with Dr. Dorothy Kelso

Secha Capital — Re-Published Interview: 5 Minute GP with Dr. Dorothy Kelso Republished from: Quick facts about Secha Capital: Sector/thematic focus: Adolescent stage companies — agribusiness, manufacturing, business-enabling servicesInvestment stage: Growth (from “boring” VC to microcap PE)Geo focus: Southern AfricaYear established: 2016Location: Johannesburg (South Africa)AUM: $25mNumber of funds closed: 1 previous permanent capital vehicleCurrent fund size: $35m; first close of $16m reached in October 2023Current […]

An Arsenal of Operator-Investors for Africa

Like FDR’s “Arsenal of Democracy,” Africa should build from the bottom: Internal instead of external, bottom-up instead of top-down, and focusing on repeatability instead of scalability. Arsenal of Operator-Investors in Africa, (DALLE) Reprinted with permission from Stanford Social Innovation Review A few years ago, Brendan Mullen (one of the authors) suggested the Marshall Plan as inspiration […]

Media Release: Blue-Chip Investors Back Secha Capital and its Operator-Investor Model

Media Release: Blue-Chip Investors Back Secha Capital and its Operator-Investor Model Johannesburg, 26 September 2023: Secha Capital today announced a first close of its second fund, with R300M in investments from blue-chip investors RMB Ventures, 27four Investment Managers, The SA SME Fund and Caleo Capital. Secha Capital is a Black, female-founded fund manager. Founders Nombuso Nkambule, […]

Secha Capital Invests in FarmTrace, a South African agri-tech farm solution

See the press release here: INVESTORS BET BIG ON LOCALLY DEVELOPED AGRI-TECH FARM SOLUTION Boost for local champion bringing tech-enabled farm management solutions to African agriculture FarmTrace, based in Tzaneen, Limpopo and Stellenbosch, Western Cape, is the only cloud-based farm management tool that offers a diverse range of tools to help farmers manage their operations. The FarmTrace […]

Lessons from an EM in EM Part II: How (and why) to actually add value as a GP?

Post two in a six-part series — Lessons from an Emerging Manager in an Emerging Market Engage in the discussion on Twitter Secha Capital is unique because of our stage of investment (growth), sector focus (large, “boring”, fragmented), but our key differentiator and unique selling point is our Operator-Investor model. A Secha Capital Operator-Investor is a high-powered resource who […]