Oui Capital’s Olu Oyinsan on why African VC remains in an existential crisis 

In January 2025, Oui Capital, an Africa-focused venture capital firm, told its investors that it had returned its $4 million debut fund in full, putting it among the small group of African fund managers to have returned capital to investors during the current cycle.

Oui Capital achieved this feat largely through a $150,000 investment in Moniepoint in 2019. When the Nigerian fintech crossed…