VFD Group
Overview
VFD Group is a Nigerian private investment firm focused on building Africa's most diverse business ecosystem by investing in and creating socially conscious businesses across various industries. Their portfolio spans financial services, hospitality, real estate, oil and gas, power, and media sectors. The firm's investment strategy is industry-agnostic, targeting companies at various stages, including seed, early stage, growth, late stage, pre-IPO, buyout, turnaround, and distressed situations. Geographically, VFD Group focuses on Nigeria, South Africa, and the United Kingdom, aiming to expand its footprint across Africa and beyond. VFD Group has demonstrated a strong track record, with notable achievements such as a N11.3 billion profit in 2024, marking a significant turnaround from its 2023 performance. The company has also been recognized for its innovation, being named Nigeria's Most Innovative Investment Company in 2021. Additionally, VFD Group has engaged in significant capital-raising activities, including a N50.67 billion rights issue in October 2025 to strengthen its capital base and support expansion plans.
Investment Focus
- Strong governance
- Disciplined execution
- Social consciousness
- Innovative solutions
- Scalable business models
- Experienced management teams
- Clear growth strategies
- Competitive market positioning
- Sustainable financial performance
- Alignment with VFD Group's values and mission
Portfolio Companies
Reach VFD Group directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about VFD Group
What sectors does VFD Group invest in?
VFD Group invests in Financial Services, Technology, Healthcare, Consumer Goods, Real Estate and Telecommunications, and is based in Prague 4, Czechia. VFD Group is listed as a private investment firm in the ConnectSafely investor database.
What stage does VFD Group invest at?
VFD Group backs companies at Seed, Early Stage, Growth, Late Stage, Pre-IPO and Buyout, writing cheques of 1M - 50M.
Which regions does VFD Group invest in?
VFD Group invests across United Kingdom, South Africa and Nigeria.
Who are the partners at VFD Group?
Team members listed for VFD Group include James Bates (founder).
What companies has VFD Group invested in?
VFD Group's portfolio includes VFD Microfinance Bank, VFD Bureau de Change and Vandrezzer FC.
How do I contact VFD Group?
VFD Group's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database

