Success Stories

Real people. Real capital. Real impact.

From fund managers structuring their first SPV to founders receiving milestone-based capital — these are the stories shaping a new era of diaspora-led investment in Africa.

Kofi Mensah

Managing Partner, Sankofa Capital · Accra & Toronto

"I spent two years trying to get diaspora investors into African deals through traditional SPV structures. The legal fees alone killed most deals before they started. Kori changed everything."

Kofi grew up in Accra, studied finance at the University of Toronto, and spent eight years in Canadian private equity. When he returned to build an Africa-focused investment practice, he hit the wall every diaspora fund manager knows: the infrastructure didn't exist.

Wire transfers took 5-7 days and cost 3-4% in fees. Legal structuring for a single SPV ran $15K-$25K. Investor onboarding was manual, fragmented, and slow. He lost three deals in six months because capital couldn't move fast enough.

Through Kori, Kofi structured his first SPV in under a week. Smart contracts replaced manual legal coordination. Stablecoin settlement eliminated wire delays. He onboarded 8 investors across 4 countries from a single dashboard — and deployed $480K into SolarGrid Kenya in his first month.

Today, Kofi manages 3 active SPVs with $2.4M in AUM across energy, agritech, and edtech. His investors — scattered across Toronto, London, Paris, and Atlanta — co-invest on identical economic terms, with full on-chain transparency into every milestone and capital release.

Impact at a Glance
Assets Under Management $2.4M
Active SPVs 3
Capital Deployed $1.6M
Investors Managed 18
Countries 6
Avg. SPV Setup Time 5 days
Legal Cost Savings ~80%
Journey
Joined Kori as a Fund Manager
January 2026
First SPV deployed — SolarGrid Kenya ($480K)
February 2026
Second SPV — EduBridge Ethiopia ($250K)
March 2026
AgriFlow Ghana SPV fundraising — $275K committed
April 2026

Amara Osei

Software Engineering Director · Toronto, Canada

"I've wanted to invest in Africa for years. I had the capital, I had the conviction — but I never had a vehicle I could trust. Kori gave me that."

Amara left Ghana at 19 and built a career in Toronto's tech industry. By her mid-thirties she was earning well, investing actively in North American startups — and watching African founders solve harder problems with a fraction of the capital. She wanted in. But every path was blocked.

Angel networks in Accra didn't accept diaspora investors. VC funds had $1M minimums. Sending money through informal channels meant zero legal protection and zero visibility into how capital was used. She'd seen friends lose money this way — not to bad businesses, but to bad structure.

Kori gave Amara what she'd been looking for: a structured, transparent, on-chain vehicle built for diaspora investors. She committed $80K to SolarGrid Kenya through a smart contract that encodes exactly when and how her capital flows. She can see every milestone, every validator report, every tranche release — in real time, from Toronto.

Within three months, she expanded her portfolio to 3 SPVs totaling $185K across energy, edtech, and agritech. She co-invests alongside vetted leads on identical terms. No wire risk. No currency conversion. No opacity. For the first time, investing in Africa feels like investing anywhere else — except the impact is personal.

Impact at a Glance
Total Invested $185K
Active SPVs 3
Capital Released to Startups $78K
Milestones Verified 5 of 9
Settlement USDC
Wire Fees Saved ~$5,500
Time to First Investment 48 hours
Journey
Joined Kori, committed $80K to SolarGrid Kenya
February 2026
First milestone release — $24K to startup verified on-chain
March 2026
Expanded to EduBridge Ethiopia ($55K) and AgriFlow Ghana ($50K)
March–April 2026
Portfolio at $185K — evaluating 2 new deals in healthcare
April 2026

Wanjiku Mwangi

CEO & Co-Founder, SolarGrid Kenya · Nairobi

"Every VC I pitched in San Francisco asked me to 'explain the Kenya market.' The diaspora investors on Kori didn't need an explanation — they needed a vehicle. Kori built it."

Wanjiku is a mechanical engineer turned entrepreneur. She spent three years building SolarGrid — a pay-as-you-go solar company deploying off-grid systems across rural Kenya. The product worked. Customers were paying. Unit economics were strong. But raising capital was a different story.

Western VCs didn't understand the market. Local bank lending rates sat at 30-50%. She applied to six accelerators, got into two, raised nothing. Meanwhile, her customers in Nakuru County were waiting for the hardware she couldn't afford to ship.

Through Kori, Wanjiku connected with a lead investor who'd grown up in Kenya and understood off-grid energy from the inside. Within weeks, 8 diaspora co-investors committed $480K through a SAFE, settled in stablecoins. No wire delays. No currency conversion eating into her runway.

The capital didn't just arrive — it arrived with structure. Smart contracts encoded 4 milestones, each releasing a tranche upon validator confirmation. This gave her investors confidence — and gave her a clear execution roadmap. She hit her first two milestones early, deploying 50 solar units and receiving $280K directly to her wallet.

Today, SolarGrid is preparing to scale to 200 installations across 3 counties. Wanjiku's third milestone — revenue validation — is under review. Her capital is structured, her investors are aligned, and her audit trail is immutable. She's building with clarity, not chaos.

Impact at a Glance
Total Raised $480K
Capital Received $280K
Investors 8
Solar Units Deployed 50
Milestones Completed 2 of 4
Time from Pitch to Capital 3 weeks
FX Fees Saved ~$14,400
Journey
Applied to Kori, connected with lead investor Kofi Mensah
January 2026
$480K committed via SAFE — smart contract deployed on-chain
February 2026
M1 complete — entity formed, $150K released
March 2026
M2 complete — 50 units installed in Nakuru, $130K released
April 2026
M3 in progress — revenue validation, $120K pending
May 2026

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Whether you manage capital, invest it, or build with it — Kori is the infrastructure that makes it possible.

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