CardinalStone Capital Advisers

Venture Capital

CardinalStone Capital Advisers is a West Africa-focused private equity fund manager providing growth capital to high-potential SMEs across Nigeria and Ghana, helping them become niche or segment leaders. Founded in 2016, the Lagos-based firm closed its second fund at $76 million in 2026.

Lagos, Nigeria · 2+ investments · 2 portfolio companies

Growth
Headquarters
Lagos, Nigeria
Founded
2016
AUM
$76.0M
Portfolio Companies
2
Total Investments
2
Last Investment
Apr 2021
Geographic Focus
Ghana, Nigeria

Investment Thesis

Provides growth capital to high-potential SMEs across Nigeria and Ghana, helping them become niche or segment leaders in their industries.

CardinalStone Capital Advisers is a Venture Capital firm based in Lagos, Nigeria. It has made 2 investments, including Crest Agro Products Limited and AppZone.

Portfolio2

Co-investors4

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4 co-investors across 4 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×4 · 3 shared rounds

Investment History

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