Venture Capital and Private Equity in Africa

Connecting investors and entrepreneurs

Welcome to VC4Africa

An online community for investors and entrepreneurs dedicated to building business on the continent!

Members

  • Cherifg
  • Ben
  • Rebecca M. Voymas
  • Darren Smith
  • Wayan Vota
  • Emmanuel Sara Koroma
  • Ansoumane CAMARA
  • Bonaventure Fohtung
  • LUCY MUCHOKI
  • Chris Daniels
  • Eyembe Elango
  • Samson Olayemi

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Latest Activity

A group of officers (active members willing to join as volunteers) have been instrumental in growing and maintaining the VC4Africa network. Each person has played a valuable role in managing this project's development and is a testament to the idea'…
8 hours ago
Wayan Vota added a blog post
If Nigeria's ICT industry is to grow, we need to have a critical mass of venture capitalists. But in looking around, I can't find any that focus on ICT in Nigeria, which makes me ask: Where Are Nigeria's ICT Venture Capitalists?Without them, Nigeria…
12 hours ago
Libyas LAP Green eyes continental status Libya’s LAP Green Networks has bought an 80% stake in Gemtel Telecom Limited, as the company took another step towards becoming a large African telecom conglomerate. The acquisition of Gemtel, a company base…
19 hours ago
Libyas LAP Green eyes continental status Libya’s LAP Green Networks has bought an 80% stake in Gemtel Telecom Limited, as the company took another step towards becoming a large African telecom conglomerate. The acquisition of Gemtel, a company base…
19 hours ago

Forum

Sawa

Impact of the Financial Crisis on Private Equity in Africa 58 Replies

Started by Sawa. Last reply by Eyembe Elango 22 hours ago.

Ben

How do we as a community reach the Bottom of the Pyramid? 32 Replies

Started by Ben. Last reply by Ed Dodds Feb 3.

Susanna Dodgson

West Africa high speed internet 30 Replies

Started by Susanna Dodgson. Last reply by Jesse Sewell Jan 18.

SivaShanker

Looking for Projects 28 Replies

Started by SivaShanker. Last reply by Samuel Mothelo Jan 27.

Ben

Help celebrate our 1 year anniversary! 25 Replies

Started by Ben. Last reply by Morris Lwenya Sep. 13, 2009.

Blog Posts

Wayan Vota

Who are the Venture Capitalists in Nigeria?

If Nigeria's ICT industry is to grow, we need to have a critical mass of venture capitalists. But in looking around, I can't find any that focus on ICT in Nigeria, which makes me ask:


Where Are Nigeria's ICT Venture Capitalists?

Without them, Nigeria is condemned to be an importer of technology. Resellers of
Continue

Posted by Wayan Vota on February 8, 2010 at 3:30pm

Ed Dodds

RE:MIX Market

Folks:



Since the beginning of the year I've been doing a weekly post at the Mobility Blog of Mobile Health Watch. Doing research for next week's piece I ran across this, fyi:



MIX Market is the #1 source for financial and social performance data on MFIs across the globe.


From their About MIX Market page:
Continue

Posted by Ed Dodds on February 5, 2010 at 2:07pm

Andualem Sisay

Ethiopia Gets Windows Vista In Amharic Language

Microsoft in collaboration with the Ethiopian Information Communication



Technology Development Agency (EICTDA)
launches Amharic language interface pack, repContinue

Posted by Andualem Sisay on February 5, 2010 at 1:38pm

Ed Dodds

Africa-Middle East Regional Microcredit Summit, Nairobi, Kenya April 7-10, 2010

To ensure that 175 million of the world's poorest families, especially women of those families, are receiving credit for self-employment and other financial and business services. To help 100 million families rise above the US 1$ per day threshold by 2015.

More here.

Note: OPINION - recently here in the US, both PNC and Wells Fargo banks have launched mobile customer to customer payment products. In addition, peer to peer giving t… Continue

Posted by Ed Dodds on February 3, 2010 at 2:29pm

Featured Articles

Microsoft launches Vista software in Amharic

US software giant Microsoft has launched Windows Vista in Amharic, the national language of Ethiopia. "Launching the Amharic version software is a major step forward for Amharic to be a language of technology", Director of the Ethiopian ICT Development Agency (EICTDA), Debretsion Gebremichael has said. 40 scholars from the Addis Ababa University…

Stanchart Bank strikes deal with Chinese firm

Standard Chartered Bank and China Unionpay have struck a deal that will enable Unionpay cardholders worldwide access the bank's ATM services in 20 countries in Africa. China has over the last decade become the world's largest investor into Africa, injecting billions of dollars in various projects across the continent. Analysts say no signal…

MCA spreads wings to Zambia, Malawi

United States supported, Millennium Challenge Corporation (MCA), has announced its plans to expand its operations in Africa as more countries meet democracy requirements. Africa, which accounts for about 70 percent of the corporation’s total funding of $5.2 billion, has 11 countries where so-called compacts, or programs, are underway. MCA…

Financial Market News

Kenya: NSE Resilient Despite Fall of Stockbroker

Expected earnings by listed firms continued to cushion the Nairobi Stock Exchange, making it resilient to last Friday's placement of Ngenye Kariuki Stockbrokers under receivership.

Nigeria: Oteh Reads the Riot Act to Capital Market Operators

Director General, Securities and Exchange Commission (SEC) Ms Arunma Oteh has said that the era of sharp practices is over as the commission under her leadership would not tolerate any form of impropriety or sharp practices in the country's capital market.

Nigeria: SEC to Implement Zero Tolerance Policy, Warns Market Operators

The newly appointed Director General of the Securities and Exchange Commission (SEC), Ms Arunma Oteh , said yesterday that the Commission would implement zero tolerance policy and warned operators in the capital market to desist from sharp practices capable of eroding investors' confidence in the market.

Investment News

Nigeria: Foreign Bank Buys Into 3 Troubled Banks

THE European Investment Bank, EIB, is to buy into some of the nation's troubled banks, Vice President of the Bank, Mr. Plutarchos Sakellaris has said.

Uganda: Northern Region Readies for Investment

About 40 districts in Uganda's north and eastern regions, have a chance to smile and prepare themselves for big things following a US$140 million project that will revitalize this formerly war-torn area.

Nigeria: Niteclub Owner, Mac Dee, Woos Investors For Imo

Macdonald Nsonwu, owner of the new Do It All Entertainment Centre in Owerri, the capital of Imo State has called on well meaning indigenes of Imo State to rally round the present government in the state in its effort at developing the state. The new entertainment centre is where 40-40 Nite Club, the rave of the moment in the heartland.

Banking and Insurance

Nigeria: Foreign Bank Buys Into 3 Troubled Banks

THE European Investment Bank, EIB, is to buy into some of the nation's troubled banks, Vice President of the Bank, Mr. Plutarchos Sakellaris has said.

Kenya: Banks Must Stick to the Law on Interest Charges

Those who have been keenly following the on-goings in Kenya's courts of law know that relief, though very gradually, has been coming to borrowers who have long bore the wrath of lenders for failing to pay up their debts in time.

Uganda: Uganda Lending Rates a Hurdle as Common Market Nears

Uganda's private sector has expressed reservations about the EAC Common Market Protocol especially in light the lending rates that are higher than in Kenya and Tanzania.

Capital Flows

Nigeria: Foreign Bank Buys Into 3 Troubled Banks

THE European Investment Bank, EIB, is to buy into some of the nation's troubled banks, Vice President of the Bank, Mr. Plutarchos Sakellaris has said.

Nigeria: PIB - NNPC, Nupeng Resolve to Work Together

The Nigerian National Petroleum Corporation, NNPC and the National Union of Petroleum and Natural Gas Workers have resolved to work together to ensure the smooth passage of the Petroleum Industry Bill currently before the National Assembly in order to impact positively on the Nigerian economy.

Chad: Chadian Herders to Benefit From UN Funding for Water Projects

The United Nations agency dedicated to eradicating rural poverty has granted Chad $19.5 million to finance a water project for nomadic herders in the arid sub-Saharan Sahel region.
 
 

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