Why LAVA believes the best of Africa’s Web3 ecosystem is yet to come

Yoseph Ayele spotted a pattern years before he raised a single dollar for LAVA , an early-stage Web3 fund backing African crypto startups with cheques ranging from $100,000 to $500,000. The pattern emerged while he was building Borderless Africa , a platform he launched in 2021 to connect African founders and talent with global capital and infrastructure. Time and again, founders in Lagos, Nairobi, and Johannesburg were solving meaningful local problems, yet the investors and infrastructure prov