">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Tuesday, January 19, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

East Africa Has Not Yet Fully Explored Its Investment Bankers

Caroline Vutagwa by Caroline Vutagwa
6 years ago
in Tech
6 min read
0

money1 (1)

 

Investment bankers in East Africa are yet to fully utilize the potential of the region. Currently the major reason that will deter any enterprising African is capital to start off their business. This is one area that has not received much  growth.

First of all, when we talk about Investment bankers we mean an individual or a  financial institution that assist individuals, corporations and governments in raising capital for their businesses.

Start-ups and SME’s are looking into making an impact in the economy but the main hindrance in all this is the availability of capital; which according to Ventures Capital For Africa (VC4A) is the most unexplored area, making it a potentially  lucrative business opportunity, as well as jump starting the Start-ups and SME’s which in turn will improve the economic situation in Africa.

Some of the Investment bankers include:

Ventures Capital for Africa (VC4A) which has more than one hundred investors on board,  it provides funding to promising start-ups in Africa.

Related posts

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0

Use these smart TV security tricks to protect your privacy

January 18, 2021
0
A salesman checks a customer's iPhone at a mobile phone store in New Delhi, India, July 27, 2016. REUTERS/Adnan Abidi

How To Measure How Much You Walk On Your iPhone

January 17, 2021
0

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0

Kenya’s telco company Safaricom recently launched  called the ‘Safaricom Spark Venture Fund‘ which is aimed at accelerating the development of innovative mobile applications and solutions by availing much needed capital to ICT start-ups.

Novastar Ventures, who is looking to assist entrepreneurs designing and executing innovative business models to improves the raw and growing East African market.

READ  Egypt Working On New Open Source Software Strategy

Savannah Fund, puts their money in early stage high growth technology Start-ups in sub-Saharan Africa. It Started its base in East Africa then later expanded to fill the gap o that currently exists in Africa.

Success Stories

Out of this Investment bankers/ventures there are many success stories out of this, some of this include Sanergy, M-Farm, solar now all funded by Novastar Ventures; we have Babygroup, eneza education, Bigx all funded by Savannah among other Start-ups in Africa.

This Start-up have created employment and have elevated the GDP in the continent, but this is just a drop in the ocean because there are many ventures/SME’s/Start-up looking for someone to hear them out but they have not managed to get a financial helping hand and not only financila helping but even worthy advice on how to go abotu thier projects.

With the right capital injection, the potential businesses/ventures  will have more options to explore thier potential which will become a big businesses in the continent, which will create employments hence increase the GDP.

Readers 1,088

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Caroline Vutagwa

Caroline Vutagwa

Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

Related Posts

Business

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0
Tech

Use these smart TV security tricks to protect your privacy

January 18, 2021
0
A salesman checks a customer's iPhone at a mobile phone store in New Delhi, India, July 27, 2016. REUTERS/Adnan Abidi
Mobile

How To Measure How Much You Walk On Your iPhone

January 17, 2021
0
cryptocurrencies

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0
How To

How to fuliza by Safaricom guide

January 15, 2021
0
Tech

ASUS debuts new ZenBook Duo | Pro Duo, VivoBook, ExpertBook and Chromebook laptops at CES 2021

January 15, 2021
0
signal-apps
Tech

Is Signal That Different From WhatsApp? Here Are 5 Ways It May Be Different

January 15, 2021
0
Tech

Are Cheap TikTok Likes Inferior To Expensive Ones? Read Our Experts’ Discussion

January 15, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

LIKEE

6 Alternative Apps To TikTok That Might Even Be Better

January 19, 2021

How to move all of your WhatsApp groups and get started with Signal

January 18, 2021

How to Apply Online Single Business Permit.

January 18, 2021

What to do to check whether the signal is down

January 18, 2021

Top 5 Financial Assets to Invest In 2021 According to Experts

January 18, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: