Abel Boreto

Investment Director

2024 - Current

Associate Investment Director

2022 - 2024

Investment Associate

2019 - 2022

Novastar is a global VC working from the vibrant entrepreneurial centers of Lagos, London and Nairobi. The Novastar team has been partnering with gritty optimists to build businesses that are transforming markets and sectors in Africa and beyond. Together we aim to create enduring value for the many, not just the few; for the planet, not just people; for future generations, not just this one. www.novastarventures.com

Board Observer

2022

Turaco is a micro-insurtech company changing healthcare financing in emerging markets by providing simple, affordable health and life insurance to low-income earners and distributing their products through partnerships with leading businesses in Kenya, Uganda and Nigeria.

Board Observer

2022

BasiGo is a Kenya-based early-stage e-mobility start-up looking to revolutionize the public bus transport sector in Africa by providing bus operators with a cost-effective electric alternative to diesel. BasiGo offers bus operators an electric bus solution that is more affordable, more convenient, and more reliable than a diesel alternative.

Board Observer

2021

Poa is a Kenyan-based internet service provider that provides low cost, high-speed, unlimited broadband internet connectivity to homes and SMEs in low income urban and peri-urban areas in Kenya and eventually across Africa.

Fellow

2022

Young African Catalysts (YAC) is a fellowship program created to facilitate collaboration between Africa's next generation of venture capital leaders by utilising a host of communication channels to enhance constant communication and deal collaboration between YAC fellows. The pilot cohort launched in February 2022 with 24 fellows, representing 22 African focused funds. Cohort 2 added 15 fellows from 10 new leading African focused funds.

Board Observer

2019 - 2022

The Perennial Foods Group produces and sources a range of regeneratively-grown food such as fruits, vegetables and herbs in partnership with small farms in East Africa. The fresh fruits and vegetables are sold via our organic produce brand, GreenPath Food. www.greenpathfood.com The herbs are dried and made into herbal teas sold via our tea brand, Kib. www.kibtea.com

Advisor

2019 - 2022

Kikao64 is a modern co-working space and incubation hub in Eldoret, Kenya.

Board Observer

2021 - 2022

Ignitia AB is a tropical weather forecasting company that has developed a proprietary weather forecasting model that predicts tropical weather patterns down to a hyperlocal range and is twice as accurate as global weather forecasting models used in the tropics. The company in partnership with mobile network operators provides rainfall forecasts to over 1.5 million smallholder farmers in Ghana, Mali, Nigeria, Burkina Faso and Ivory Coast.

Board Observer

2019 - 2022

iProcure is one of the largest agricultural inputs supply chain platforms in rural Africa, connecting Afro-retailers and smallholder farmers with quality and affordable agricultural inputs at their convenience.

Subject Matter Expert and Consultant: Dairy Industry in Kenya

2018 - 2020