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Toby Hanington

Co-Founder @ Baobab Network | Early-Stage Investor across Africa

Toby Hanington is a co-founder and entrepreneur with significant experience in the finance and venture capital sectors. Here are some key details about him:

Professional Background

Toby Hanington is the co-founder of The Baobab Network, a venture capital firm he established in 2016.12 The Baobab Network focuses on investing in early-stage startups across Africa, with ambitious plans to become a leading early-stage investor on the continent.3

In addition to his role at The Baobab Network, Hanington holds the following positions:

  • Member at Opus London Market Ltd. since 20211
  • Board Member at Niya ai since 202112

Career History

Prior to founding The Baobab Network, Hanington worked in Equity Finance Sales & Trading at UBS Asset Management (UK) Ltd. from 2013 to 2016.12

Education

Hanington completed his education at:

  • University of Bath (2010-2014): Bachelor of Science (BSc) in Business Administration and Management2
  • Simon Fraser University (2013): Bachelor of Business Administration (B.B.A.) in Entrepreneurship/Entrepreneurial Studies2
  • Wellington College (2004-2009)2

Recent Developments

In April 2024, The Baobab Network acquired Reflector Marketing, a South African-based strategy and branding agency. This move aims to strengthen Baobab's support for African startups by providing in-house marketing, branding, and digital services.3

Hanington commented on this acquisition, stating that it "epitomised Baobab's ambitious plans and long-term commitment to investing across Africa." The company has set a goal to invest in 1000 African startups by 2033.3

Highlights

Aug 27 · linkedin

Call for startups! 📣 📣 📣

Are you building in one of these spaces in Africa?

Or a founder itching to start something?

Comment below, tagging your startup with a brief description and we'll fast track your application to join Baobab Network. 🚀 🚀 🚀

Aug 9 · linkedin

Cameroon take 2! 🇨🇲

Weʼre delighted to announce Buyam as Baobab Network's latest investment! 🚨 🚨

Buyam is redefining e-commerce for Cameroonians, offering a platform that connects merchants, resellers, and consumers through seamless transactions, delivery services, and data-driven product recommendations. 💻

The company is led by co-founders Mambe Churchill Nanje and Manjong Kelvin, who have a combined 25+ years experience across e-commerce & software development. With some extraordinary early traction, we are confident these are the guys to truly tackle the $30B African e-commerce market! 🌍

Welcome Mambe, Manjong, and the entire Buyam team – weʼre excited to support your journey! 🚀

Related Questions

What is The Baobab Network Ltd. primarily focused on?
How did Toby Hanington's role at UBS prepare him for his current positions?
What are some notable achievements of The Baobab Network Ltd?
How does OPUS support its members in their professional growth?
What is the mission of Niya ai?
Toby Hanington
Toby Hanington, photo 1
Toby Hanington, photo 2
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Location

United Kingdom