Silverbacks Holdings & ImpactHER Invest In Two African Fashion Startups

Private investment firm Silverbacks Holdings and non-profit ImpactHER have invested in two African fashion startups—Vanhu Vamwe and The Rad Black Kids—highlighting growing investor interest in creative, export-driven businesses.

The brands, selected from the 2024 CANEX WKND pitch sessions, already sell through major global retailers like Selfridges, Nordstrom, and Net-a-Porter in hard currencies (USD/EUR), reducing forex risk.

Vanhu Vamwe, a sustainable luxury label, works with 150+ Zimbabwean artisans, while streetwear brand The Rad Black Kids draws on local youth culture.

We’re turning Africa’s creative brilliance into global business power,” said Efe Ukala of ImpactHER.