Steve Beck built his career across three different fields: leading Gemini Consulting's most profitable division and co-leading Monitor Group's Europe and Africa business, running Geneva Global, a philanthropic investment bank that oversaw grants for more than a thousand projects in the Global South, and studying economics, international relations, and political economy at Stanford and the London School of Economics. Since founding SpringHill Equity Partners, whose early East Africa investments shaped Novastar's first fund, he has focused since 2009 on African companies tied to social justice, environmental restoration, and sustainable development, a focus reflected in his work on financing drylands restoration, building investment ties between Japan and Africa, and supporting faith-driven entrepreneurs working to solve the continent's biggest problems.
About their Fund
Novastar Ventures
Novastar Ventures is a venture capital fund that invests in African startups reaching low-income consumers, suppliers, employees, and distributors at large scale, focusing especially on climate adaptation, decarbonization, and natural-resource businesses, and it looks beyond Africa's four biggest markets to places like Uganda, Ghana, and Francophone Africa for less crowded opportunities. The fund has backed companies such as Moniepoint, mPharma, TradeDepot, Turaco, MoKo, and iProcure, operates from bases in London, Nairobi, and Lagos, was named the accredited entity for a Green Climate Fund project spanning Kenya, Nigeria, Rwanda, South Africa, and Egypt, and received a $40 million multifund commitment from Japan's SBI Holdings—its first direct investment in an African venture capital firm.
Notable Fund
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Sheets they're Fund is in
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