The 13.7x blueprint: How Silverbacks’ Africa strategy outperformed global markets

Between 2018 and 2022, Silverbacks Holdings, an Africa-focused private equity firm, made a series of investments in multiple tech startups primarily in the fintech and e-commerce sectors.

Those investments are paying off. In the past month alone, the firm has secured two exits by selling part of its shares in Lemfi and Omniretail. Lemfi delivered a 29x return, while Omniretail delivered a…