Mimi Alemayehou and Kurankye Sekyi-Otu have joined 4DX Ventures, a pan-African venture capital firm that focuses on early-stage technology companies, as senior advisors.
This comes as the debt equity firm expands its platform and strengthens its presence across the continent.
According to the company statement, Alemayehou and Sekyi-Otu will provide strategic advise and support to 4DX's leadership team and portfolio founders, as well as strengthen the firm's global network.
It said that Alemayehou has 'extensive experience' in both the corporate and public sectors.
She has held worldwide senior positions at MasterCard, as well as managing director of the Black Rhino Group and chair of Blackstone Africa Infrastructure LP.
According to 4DX Ventures, she is a known leader in development finance, having previously served as executive vice president of the Overseas Private Investment Corporation, the US government's development finance agency.
She also served as the US representative on the board of the African Development Bank and on the President’s Advisory Council on Africa Diaspora Engagement in the United States.
Alemayehou held multiple Board positions, including at Twitter, US African Development Foundation and FinDev Canada.
Further, the company described Sekyi-Out as an experienced leader in the alternative investment industry.
He is the founder and CEO of Capoeira Partners, a strategic advisory firm working with founder-led asset management firms, and previously served as chief strategy officer at Polar Asset Management Partners, one of Canada’s largest hedge funds.
Sekyi-Out also held senior roles at Mackenzie Investments and CIBC Capital Markets, with extensive experience in capital formation, business development, and institutional partnerships.
4DX has been growing venture capital company, since its managing partners made their first investment in Africa in 2013, it has raised three institutionally backed funds, and the firm has approximately $200 million in assets under management.
In 2024, International Finance Corporation, a member of the World Bank Group, became a 4DX investor with a $10.5M capital commitment, which the company said reflects the firm’s ability to partner with global institutions across multiple investor segments, including endowments, private equity firms, family offices and foundations.
Its portfolio companies operate in 22 African countries, with regional offices in Accra, Cairo and Nairobi, and an active presence in South Africa and Francophone Africa.
“The appointment of Mimi and Kurankye comes at a pivotal time for 4DX and our portfolio,” said Walter Baddoo, co-founder and managing partner of 4DX Ventures.
He continued: “As more African technology companies scale globally, we’re excited to bring on world-class advisors with truly global perspectives and deep operational and investment expertise.
“Both Mimi and Kurankye are known for their roll-up-your-sleeves approach and will be instrumental in supporting our founders, deepening our global institutional relationships, and contributing to our long-term strategy.”
Speaking of her new role, Alemayehou said: “This role is an exciting new chapter in my dedication to championing growth and development across Africa and emerging markets. 4DX has played a catalytic role in the African tech ecosystem, and I’m energised to bring my experience in development finance, technology and policy to help scale innovation, build strategic partnerships and deepen engagement with key stakeholders across sectors."
While, Sekyi-Otu added: "4DX has built an impressive track record of investing in founders who create category-defining companies, tackle local challenges, and uplift their communities.
“Our immediate focus is to deliver deep operational insight that drives meaningful execution as 4DX scales and deepens its partnerships with world-class global institutions. I’m committed to activating a global network of operators, partners, and domain experts to support the firm’s continued growth and strategic evolution.”
Share