Navigating the Funding Landscape: Types and Sources of Funds – Heather Sherwin & Thaheer Mullins

Navigating the Funding Landscape: Types and Sources of Funds – Heather Sherwin & Thaheer Mullins

🎙 Heather Sherwin & Thaheer Mullins 👥 1K 📅 October 24, 2025 ⏱ 67 min 👁 55 📄 expert opinion 🧭 2026-08-16
Available in: English (current) Français

Keywords

funding landscapegrantsventure capitalangel investingimpact investing

Summary

This CERI seminar features Heather Sherwin from ELMA Philanthropies and Thaheer Mullins from Savant, a science and engineering VC firm. They discuss the funding landscape for African innovators, researchers, and startups. Sherwin covers the spectrum from grants (government and philanthropic) to impact investing and development finance institutions (DFIs), emphasizing the importance of understanding funders’ priorities and building relationships. She uses ELMA as a case study, highlighting its focus on children’s health in Africa and its proactive, relationship-driven approach. Mullins then provides insights from the venture capital side, noting that Africa receives only about 2% of global funding, with a recent uptick in debt financing. He stresses the need to know the ecosystem, as most VC funding goes to fintech and software, while deep tech and health tech receive less. He introduces the African Angels Guild, an angel investor network, and advises early-stage founders to target the right funders and be patient. The talk includes a Q&A session addressing questions about how to approach foundations, opportunities for early-career researchers, and choosing consortium partners.

172 words

Critical Evaluation

Value of the Information & Strength of the Argument

The value of the information is high for practical guidance: the speakers provide concrete advice on navigating the funding landscape, such as understanding funder types, focusing on the problem rather than the solution, and leveraging relationships. The argumentation is based on their professional experience, making it credible but not empirically rigorous. They use examples like ELMA’s funding strategy and Savant’s investment criteria to illustrate their points. However, they do not provide statistical evidence or systematic comparisons, and some claims (e.g., about funding percentages) are not sourced. The Q&A adds value by addressing specific audience concerns, but the overall argumentation is anecdotal.

Scientific Rigor, Source Quality, Title Accuracy

The talk does not cite specific scientific sources, but it references organizations like the Gates Foundation, Mastercard Foundation, and DFIs. The title accurately reflects the content. The speakers are credible practitioners, but the lack of citations and reliance on personal experience limits the scientific rigor. The presentation is well-structured, but the information is not systematically verified.

172 words

Title / Content Match

The title accurately reflects the content, which covers types and sources of funds for African innovators and researchers.

Quality & Reliability

7/10

The speakers are practitioners with direct experience in philanthropy and venture capital, providing practical insights. However, the talk is largely anecdotal and lacks systematic data or citations, limiting its scientific rigor.

Key Moments

Cited Sources

  • ELMA Philanthropies — Mentioned as the organization Heather Sherwin works for, with a focus on children's health in Africa.
  • Savant — Mentioned as the venture capital firm Thaheer Mullins works for, focusing on science and engineering startups.
  • Mastercard Foundation — Mentioned as a funder with a focus on economic development and skilled jobs in Africa.
  • Gates Foundation — Mentioned as a major philanthropic funder.
  • Tony Elumelu Foundation — Mentioned as a Nigerian foundation that provides grant funding.
  • Dangote Foundation — Mentioned as a Nigerian foundation that provides grant funding.
  • Transform Health Fund — Mentioned as an example of a specialist impact fund managed by Africa50.
  • African Angels Guild — Mentioned as a network of angel investors co-founded by Thaheer Mullins.

Concurring Sources

Contribution & Novelties

The talk provides a practical overview of the funding landscape for African innovators, emphasizing the importance of understanding funder types and building relationships. It offers specific examples from the speakers’ experience, which is valuable for early-career researchers and entrepreneurs. The discussion of the venture capital ecosystem in Africa, including the low percentage of global funding and the focus on fintech, is insightful.

Pour aller plus loin :

128 words

Radar Profile

The radar shows a balanced profile with moderate scores across all dimensions, indicating a solid but not exceptional presentation. The talk is informative and practical, but lacks deep technical depth and rigorous sourcing.

Reliability 6/10

💬 No comments were provided for analysis.