VC4Africa is a platform connecting entrepreneurs and innovators to investors. Entrepreneurs post their ventures’ profiles to the platform which enables other users and investors to rate them. Investors can then contact entrepreneurs to inquire more and discuss investing.
It is largely a platform that enables members to organise meetups in their regions. Entrepreneurs looking for investment and investors looking for African ventures to invest in.
The platform is straightforward and user-friendly. Its popularity also means that it is the place to be for an entrepreneur looking for investment of for an investor looking for investmet opportunities.
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VC4Africa.com believes that entrepreneurship should be the main driver in Africa’s economic growth, in particular the small and medium sized enterprises (SMEs) that provide much of Africa’s employment, income and hope for a better future. SMEs contribute around two thirds of national income and provide the foundation for a stable middle class in many African countries. They help form strong communities and are a powerful force for poverty reduction. SMEs play a significant role in building economic stability and sustainability for the future.
As Africa enters the new millennium it faces a challenge to provide better economic opportunities for citizens through sustained growth and alleviating the poverty that has long plagued the continent. The NEPAD (New Economic Platform for African Development) and the United Nations Millennium Goals for 2015, to which the EU-countries have all subscribed, have set out ambitious aims in this respect. The World Economic Forum in Davos and the G8 have also made the commitment to stimulate private and public investments in Africa. However, it’s our belief that the most meaningful impact will still come from grassroots entrepreneurship and local efforts. It is important to support this bottom-up approach of citizens working to tackle local challenges and build on the idea that any person anywhere in the world might have the skills, knowledge and resources needed to make a difference.