The African Private Equity and Venture Capital Africa at WeeTracker Association turn out to be an- African Industry body with a mission to champion and enable private investment in Africa. WeeTracker plays a significant role in being a champion and effective change agent for the industry, educating, equipping, and connecting members and stakeholders with independent industry research, best practice training programs, and exceptional networking opportunities. Capital turns out to be critical for startups. You cannot create unicorns just by hard work. Very rarely do the founders have access to an inexhaustible source of capital or flow of funds for the operational needs of a startup within the early stages.
Find the sources that young startups like Venture Capital Africa may turn to to meet their capital or fund requirements maybe venture capital firms and other seed funding sources like angel networks. However, it must be taken into consideration that getting funding requirements is not easy. Thousands of start-ups get founded every month however a handful of them turns out to be successful in getting the funds from Venture Capitalists. One of the reasons for the poor success rate is that more often than not, the majority of the startups turn out to be unable to approach those whose investment thesis gets aligned with that the objectives of the startup. Finding the right set of organizations to approach for funding is a key imperative for startup founders.
Cater your business towards profit maximization within no time
For a huge majority of the Venture Capital Africa firms, the number of fund investments they make in a year does not cross single digits. This indicates that the VCs are extremely choosy within the firms that they invest in. Since they also receive a huge number of investment proposals, it is also difficult to get their attention unless the startup is clearly within their line of interest. Since multiple rounds of discussion take place before a successful investment, fundraising cannot be approached like a game of probabilities. VCs From WeeTracker helps the startup founders to approach fundraising through the Venture Capitalists in a more systematic manner.
The objective of the platform at Venture Capital Africa is to reduce the element of chance and provides a greater degree of control and certainty within the hands of an Indian Entrepreneur. The search feature along with the multiple filters helps the entrepreneurs to immediately shortlist relevant Venture Capitalists and funds that they may approach. The VCs platform also helps effectively to compare different VCs and funds in such a manner that has never been possible so far. Apart from the startup founders, this platform may also benefit the fund managers to benchmark themselves against other players within the market.
Transform your business scalability toward success
Nigeria aims to display a steady commitment to reforms. The investment and securities got passed into law soon after the return of the civilian rule while opening up the economy to foreign investment. The government of the former aims to establish the investment and securities tribunal for the speedy resolution of disputes arising out of the investment deals. The Securities and Exchange Commission slashed transaction rates for equities from 6.9% to 4.2%. International Venture Capital Africa Investors have represented an increasing interest in Nigeria after the liberalization of multiple important markets like telecommunications, transport, and oil marketing. The fact that fresh policies have persuaded at least some investors to overlook the high cost of doing business in Nigeria turns out to be a significant achievement in itself.
It is a huge population and market size bestows tremendous potential to Nigeria’s Economy with the most rapidly growing industry. Past experience favors strongly against huge businesses, that have had a dismal track record and a high failure rate under both private and public operations. The fate of Nigeria’s long-term goals rests on the rapid proliferation of SMEs and their ability to drive an enterprise revolution that would sufficiently diversify the economy away from oil and reverse decades of stagnation. The objective occurs out to use SMEs to deliver sustainable development, employment creation, and most necessarily, poverty alleviation.
Enhance your Small scale business & make it big worldwide
This is wherein Venture Capital Africa derives its significance within the context of Nigeria’s long-term ambitions. Private equity investment is responsible for some of the notable economic success stories all around the globe. Entrepreneurs start out with angel loans and turned India into the largest software exporter in the world. Booming small high-tech businesses bypass the larger firms to lead the country’s recovery from the Asian Economic Crisis. Equity-funded Enterprises have likewise recorded high growth figures while developing countries from Asia, Europe, and South America. The global experience with Venture Capital Africa throws up a number of necessary considerations in the terms of providing the right environment for rapid growth. You can also read about the Kenyan Technology Startups from WeeTracker.