Fleming Wulfsohn Africa is a partnership between Hector Fleming and Harry Wulfsohn to source investment opportunities in Africa on behalf of our families and other co-investors.
Fleming and Wulfsohn families have over 100 years' experience in Africa
Our focus spans:
Venture capital specialising in African fintech and payment
Private equity and growth capital
Public market advisory and investing
Fleming Family – Pioneers in Emerging Markets
The Fleming family has decades of experience in frontier markets and Africa, spanning multiple sectors:
Founder of Fleming Martin & Co in Johannesburg.Investments across mining, real estate, agriculture, and financial services in more than 6 African countries.
Multi-generational involvement in international investment trusts and banking.
Through Hector Fleming, the family continues to back scalable Growth Capital private equity businesses.
Wulfsohn Family – Multi-Sector Investment & Operations
The Wulfsohn family has been investing in Africa since the 1920s, building multi-sector enterprises:
Founded Susman Brothers & Wulfsohn, spanning agriculture, retail, and manufacturing with over 2,000 employees
Established Trans Zambezi Industries, a listed sub-Saharan industrial holding company with multiple IPOs
Grew the Stenham Group in Europe into a diversified financial services company with USD 8 billion under management
Today, the Wulfsohn family focuses on African fintech, payments and high-growth ventures, leveraging decades of experience to deliver strong USD returns and positive social impact.
FWA Investment Philosophy
FWA’s investment approach is rooted in:Alignment with founders and long-term growth
Targeting digital payments, mobile money and fintech ventures across Africa and MENA
Driving measurable financial and social impact while achieving strong USD-denominated returns
Through active engagement and strategic partnerships, FWA ensures portfolio companies are positioned for sustainable growth and scale.