With risk capital in excess of US$400 Million, GroFin provides a proven blend of financing and value-adding business support to under served entrepreneurs in the small and growing business sector. Through access to appropriate levels of business finance, advisory services such as development assistance, and opportunities for businesses to achieve sustained market linkages, we achieve
Tuesday, 16 September 2014 will mark the official launch of GroFin in Zambia. Over the past two years, GroFin initiated enquires into the local market. In 2012, they participated as a member of the resource team on the Zambia International Business Advisory Council. These early interactions with the government and local business owners inspired company
Despite the global enthusiasm for the economic potential of Africa and the Middle East, we recognize that our operating regions confront much broader social and political challenges on the ground. In particular, they have the highest unemployment rates of all emerging markets. This unemployment burden falls heaviest on the next generation; youth unemployment averages nearly
This blog post is re-published from VC4Africa, at http://vc4africa.biz/blog/2014/08/15/how-the-rise-in-corporate-venture-capital-can-close-africas-100-billion-us-dollar-finance-gap-for-smes/ If it takes a village to raise a child, then it must take an ecosystem to grow and scale thriving businesses. We place a lot of emphasis on the role of financiers, business development service providers, incubators, government and donors to grow this ecosystem in Africa.
There’s a revolution going on here in Africa. It’s not televised – but it’s transmitting across nearly a billion mobile phones across the continent. Africa has experienced the fastest growth in cell phone subscribers in the world. From the savannahs to shanty towns, the safaris to the swamps, it has become the world’s second most
Relief for many through quality medication In Nigeria, there’s less than one doctor per 1000 people. From her teens, Bukky George was determined to change the health system for the better, and studied pharmacology during a time when deaths among children due to contaminated medication was commonplace. In 1996 Bukky opened Health Plus pharmacy in
Fighting poverty, one family at a time Poverty in East Africa is severe, with the majority of people surviving on less than US$2 per day. Aspiring micro-entrepreneurs in Tanzania who want to improve their circumstances have very limited access to micro-finance. Felista Coutinho and Winnie Terry, founded Tujijenge (which means ‘let’s build ourselves’ in Swahili)