Pepe Rahmandad

Managing Partner · Novastar Ventures

Last updated 30 September 2026

Venture capitalImpact investingEast-West Africa pan-African corridorAgribusiness and climate-smart consumer

Pepe Rahmandad is a Managing Partner and co-founder of Novastar Ventures, the Nairobi- and Lagos-headquartered impact venture firm with over $200M in cumulative AUM across two Africa funds (Novastar I, $80M 2016; Novastar II, $128M 2021) backed by FMO, CDC Group, Sida, and the Shell Foundation. A Dutch-Nigerian corridor investor with 20 years in emerging markets impact investing, Rahmandad co-leads the Lagos origination practice with partner Steve Beck.

Stage focus

SeedSeries ASeries B

Sector focus

FintechClimateHealthcareAgricultureConsumer