Profile photo of Bankole Oluwafemi

Nigeria: Entrepreneurs and investors discuss the VC climate for local startups

By Bankole Oluwafemi on December 13, 2013

Jason Njoku, iROKO Partners and SPARK, and Tayo Oviosu, Paga.

This article by Bankole Oluwafemi originally appeared on TechCabal, a VC4Africa publishing partner.

Last month, Nigerian tech blog TechCabal hosted the first of its “TechCabal Sessions”. Read the recap below. Tayo Oviosu, founder and CEO of Paga, served as ‘special guest’. Paga was launched in 2011 and is now the #1 mobile payments company in Nigeria. Other participants included iROKO Partners & SPARK‘s Jason Njoku, Prowork‘s Francis Onwumere, Hotels.ng‘s Mark Essien, and many other interesting people. The TechCabal Sessions are exclusive dinner events where influential personalities in Nigerian technology, internet, business, meet over great food and drinks in a relaxed, informal setting. TechCabal aims to help create a more cohesive startup ecosystem by fostering […]

Continue reading Nigeria: Entrepreneurs and investors discuss the VC climate for local startups »

Profile photo of Ben White

Angel & VC investors from across Africa & world converge in Nairobi to meet the continent’s top innovators

By Ben White on October 15, 2013

Thursday and Friday, October 24 and 25, the DEMO Africa conference will take place in Nairobi, Kenya: a must-attend event for both investors, entrepreneurs, tech media & others looking for Africa’s “next big thing”. On Wednesday, October 23, VC4Africa hosts an investor reception (invitation only), in collaboration with our partners D8A and Appfrica. On Wednesday afternoon LIONS will also host its summit, a partnership network event that brings together industry stakeholders from both public and private sectors.

This year DEMO Africa will again launch 40 of the most innovative startups in Africa and highlight some of the best new technology innovations emerging from across the continent. Some tickets for the main event are still available, but going fast.

Part of […]

Continue reading Angel & VC investors from across Africa & world converge in Nairobi to meet the continent’s top innovators »

Profile photo of Ben White

Results of VC4Africa’s 2013 SME Performance Index

By Ben White on October 7, 2013

The team at VC4Africa recently reached out to entrepreneurs part of the community to find our more about their progress. These are the results of the first VC4Africa SME Performance Index 2013.

Africa is a hot-bed for innovation and a source of world changing solutions. To realize the potential of the continent’s most promising entrepreneurs, vital resources need to be unlocked i.e. the required network, knowledge and capital. The VC4Africa community is a global peer-to-peer network where entrepreneurs and investors come together to build great African success stories. But do we know these companies are making a difference? Do the companies we engage as a community already add to the tax base of African economies and are they […]

Continue reading Results of VC4Africa’s 2013 SME Performance Index »

Profile photo of Bill Zimmerman

VC4Africa introduces VC4A Talent, a free recruitment service for African startups

By Bill Zimmerman on July 25, 2013

We’re pleased to announce that we’ve launched a new recruitment function for ventures listed on VC4Africa, the first steps in creating a one-stop shop where startups can search for qualified talent, and where skilled experts and others can seek out the best new companies.

Building a great company is hard to do. To successfully take a concept to market you have to create outstanding products and services. And although we might be called Venture Capital for Africa, we know entrepreneurs need a lot more than just cash. Building a great company requires access to the right network, expertise and knowledge along the way. It also means you have a great team in place to execute the vision. Simply put, entrepreneurs who operate alone have little […]

Continue reading VC4Africa introduces VC4A Talent, a free recruitment service for African startups »

Profile photo of Douglas Imaralu

10 African startup founders who built million-dollar Internet companies

By Douglas Imaralu on July 23, 2013

Success stories inspire success stories. This article was originally published on Ventures Africa, a VC4Africa publishing partner.

The number of millionaires springing up from digital ventures has grown tremendously in the past two decades, as the world increasingly embrace the potential of knowledge technologies, information and social media to produce economic benefits , employment and enable globalisation. From Mark Zuckerberg to Sergey Brin, Lawrence E. Page and YouTube partners: Steve Chen, Chad Hurley and Jawed Karim, the world has witnessed a new breed of entrepreneurs who have charted a new course in business and made a fortune at it. The good news – Africa is not lagging behind.

Innovative minds in the motherland have cited and exploited opportunities in the knowledge economy, which has become […]

Continue reading 10 African startup founders who built million-dollar Internet companies »

Profile photo of Tim Weiss

Africa Rising in the news, East Africa’s investment scene struggling on the ground

By Tim Weiss on June 20, 2013


In a series of articles on VC4Africa, Tim Weiss will explore private equity investment challenges in East Africa. Below is the introduction: various media evoke an optimistic case for investing in Africa. Still, specific equity investment challenges remain. 

With regard to doing business in Africa, newspaper articles, blogs, twitter feeds, online platforms and consultancy reports can be seen as the new “Lonely Planet” for decision makers: providing guidance in markets that are still ambiguous to many decision makers. Oftentimes, an aggressively optimistic image of the African “lion” economies is evoked. Some of the selling arguments are:

  Economic growth trajectories which vastly outpace those of the Northern Hemisphere economies

  A rapidly growing middle class, currently estimated by the AfDB at 10.8 million people […]

Continue reading Africa Rising in the news, East Africa’s investment scene struggling on the ground »

Profile photo of Martin Carstens

Dear African VC, angel: international investors are stealing your lunch

By Martin Carstens on May 13, 2013

This article by Martin Carstens originally appeared on Ventureburn, a VC4Africa publishing partner.

Is there a shortage of VC and angel funding in Africa? Pose the question to entrepreneurs and the answer is bound to be yes. Omidyar’s latest report on African entrepreneurship found that 71% of respondents surveyed in South Africa, Ghana, Kenya, Ethiopia, Nigeria and Tanzania believe that there is a shortage of equity capital to start new firms. African financiers disagree, simply saying that many projects are not fundable.

Whatever the case may be, the International Finance Corporation estimates that up to 84% of small and medium-sized enterprises (SMEs) in Africa are either un-served or underserved, representing a value gap in credit financing of US$140-billion to US$170-billion. So, what’s a startup to do?

Instead […]

Continue reading Dear African VC, angel: international investors are stealing your lunch »

Profile photo of Keet van Zyl

Do’s and don’ts for entrepreneurs: VC intro emails – 10 lessons from a venture capitalist

By Keet van Zyl on March 27, 2013

This article by Keet van Zyl originally appeared on Ventureburn, a VC4Africa publishing partner.

About the author: Keet van Zyl is a dynamic investment expert with extensive growth equity experience. He worked at industry-leading companies such as Procter & Gamble, Investec Bank and HBD Venture Capital; and co-founded growth equity fund manager KnifeCapital as well as AngelHub – SA’s first Business Angel Investment Group.

Here’s the thing: if you do a cold-call pitch to a Venture Capital (VC) investor using email, your proposal is already at the bottom of the pile before anyone has even read the subject line.

The reason: VCs mostly rely on warm referrals from within their trusted networks to generate dealflow, as this acts as an automatic filter and increases the quality of proposals. […]

Continue reading Do’s and don’ts for entrepreneurs: VC intro emails – 10 lessons from a venture capitalist »

Profile photo of Ben White

Connecting innovators with capital, meet 40 investors from the VC4Africa investor network

By Ben White on March 14, 2013

At VC4Africa our mission is to support the continent’s most promising entrepreneurs and to connect them with the resources (network, knowledge and capital) they require to realize their potential. Specifically, we focus on the less than 1 million range currently underserved by the market. We do everything we can to help entrepreneurs tackle both their non-financial and financial needs. Launching the VC4Africa investor network in May of 2012, entrepreneurs with venture profiles listed on VC4Africa now have exclusive access to the continent’s largest and most dedicated network of Africa focused investors actually interested in early stage companies.

We selected 40 investors from the VC4A network and profile them here:

4Di Capital is an […]

Continue reading Connecting innovators with capital, meet 40 investors from the VC4Africa investor network »

Profile photo of Michelle Atagana

18 questions you should ask a VC before you sign your startup away

By Michelle Atagana on February 12, 2013


This article by Michelle Atagana originally appeared on Ventureburn, a VC4Africa publishing partner.

So you have been lucky: your idea is the next Google and investors have decided put a pile of money into it. This is all good news — after all, it is not easy to impress venture capitalists. Building a company from scratch is a very difficult business and you need to be prepared.

Choosing the right VC is a tough decision. I was once told by a VC that the relationship between a startup and its VC is very much like a marriage. It is a long-term commitment that is full of struggles and disagreements and it is quite difficult to exit. Sometimes the relationship will end badly, other times the […]

Continue reading 18 questions you should ask a VC before you sign your startup away »