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ABOUT

Patient capital.
Considered conviction.


The Onyx Co is a Pan-African venture firm investing across four sectors of contemporary African life. We back the founders building the institutions that will define the continent over the next twenty years.

FOUNDER 01 / 03

Sibusiso Shangase.


Sibusiso Shangase is the Founder & Principal of The Onyx Co. He has spent twenty years building consumer brands across Africa at the intersection of corporate marketing, culture and music, with senior marketing roles at Red Bull, Philip Morris International, The Market Theatre Foundation, a decade at Pernod Ricard, and NBA Africa / Basketball Africa League.

That operating history is the point of the firm. The Onyx Co invests as an active partner — bringing brand, distribution and commercial build-out alongside capital — in the four sectors where he has spent his career: gastronomy, technology, media and entertainment.

He is the Information Officer of The Onyx Co (Pty) Ltd under POPIA.

QUICK FACTS

Founded2022
BasedJohannesburg · Cape Town
SectorsGastronomy · Tech · Media · Entertainment
GeographyPan-African focus
RegistrationReg 2022/236135/07
“
We invest in the institutions that shape how Africans eat, watch, listen, and live online.
SIBUSISO SHANGASE · FOUNDER
THE FIRM 02 / 03

What we do.


The Onyx Co provides patient, considered capital to founders building consumer-facing institutions on the continent. We hold for the long arc. We do not chase exits on quarterly cycles.

We are sector-specialists in gastronomy, technology, media, and entertainment because these four pillars are the institutional layer of how a society lives its daily life. They are also where the most enduring brands of the continent’s next twenty years will be made.

01
O

THE ONYX CO

Investment holding and portfolio management.

02

THE BLACK SPEAR AGENCY

Brand marketing, creative and artist partnerships.

03
MK

MONOKROMATIK NETWORK

Media and content.

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Black Icarus mark

BLACK ICARUS

Corporate reputation, risk and communications.

Read our approach for how we work with portfolio companies, or apply for funding if you are building something we should know about.

Building something we should know about?

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