Africa is at the dawn of a new renaissance, if you want a high return on your capital, you should include Africa in your portfolio. I'm not only going to invest in Africa because I'm African, but because this is the right time to do so. In 15 years it will be too late, look at India and China, investors are coming and paying top capital for resources and businesses to find out that maybe they missed the boat years ago. Obviously, Africa being an emerging market has risks so...caveat emptor!
I believe Africa needs to revive and grow the informal sector, the informal sector is where the real wealth is in Africa. I'm involved with capitalizing a Meso Capital Cheetah fund for the SME market. The informal market is important to grow so people don't overcrowd the cities, and Africans can sustain themselves rather then importing subsidized rice from somewhere in the United States heartland.
Whether you invest in formal, or informal markets the African market should be in your portfolio!
Here are some Venture Capital firms investing in Africa.
Frontier Capital African Agricultural Capital New Ventures Thousand Hills Venture Fund Renaissance Capital Origins Venture Capital Fund for Africa
To learn more about this author, visit Nii Simmonds's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
 Restricted Access to Finance
|
| |
Africa’s SMEs have little access to finance, which thus
hampers their emergence and eventual growth. Their
main sources of capital are their retained earnings and
informal savings and loan associations (tontines)...
|
|
Equity Financing
|
| |
Most small or growth-stage businesses use equity financing in a limited way. As with debt financing, most of the time additional equity comes from non-professional investors such as friends, relatives, employees, c...
|
|
Why should Venture Capitalists invest in SME's in Africa?
|
| |
Africa is at the dawn of a new renaissance, if you want a high return on your capital, you should include Africa in your portfolio. I'm not only going to invest in Africa because I'm African, but because this is the...
|
|
Contacting The Venture Capitalist
|
| |
Venture capitalists are in business to make money. They have to have the ability to select companies that will make more money than their rivals. There are 2 types of companies. The first is a lifestyle business. Th...
|
|
Venture Capital - Preparing The Plan
|
| |
Make it so that your mother or grandmother can understand it. Entrepreneurs too often fill their business plans with of acronyms, tech terms, and buzz words. Intermediaries can usually tell after the first paragraph...
|
|
|
Nii Simmonds
(Visit Nii's Website)
Nii Simmonds is founder of NAFRICOM, a
non-profit trade association for IT
Software and Technology Services industry
for Africa and a blogger on African
development. Mr. Simmonds is also a
Co-founder of EmergingictGroup, a global
ICT research, training, and
advisory/consultancy. Under Mr. Simmonds
leadership, his organization NAFRICOM
organized the 1st annual 2003 Ghana
Outsourcing Conference.
Through his experience working with many
African oriented organizations in the
field of Information Technology,
development, and globalization, Mr.
Simmonds has become a leading speaker and
presenter on African development, ICT
policies, outsourcing/BPO market in Africa
and other emerging markets, social
entrepreneurship, technology education,
and Globalization. Professionally Mr.
Simmonds is a consultant specializing in
corporate finance, globalization, business
strategy, and outsourcing.
Mr. Simmonds has been acknowledged for his
research in globalization and offshore
market by Mckinsey, IBM Global Services,
AT Kearney, Keane, Wharton School,
Harvard, Government of Ghana, Ghana
embassy, Smeal College of Business,
Harvard Business School NeoIT, ITESA,
Summit Circuit, Bloomberg News, Wall
Street Journal, Avaya, Affiliated Computer
Services (ACS), Data Management
International and many others.
Mr. Simmonds got his B.S. in
Management/Finance from Smeal College of
Business at Pennsylvania State University
and a minor in Information Systems and
Statistical Analysis. Mr. Simmonds holds a
Business Process Outsourcing Master
Certificate from the Wharton School.
|
|
 |
|
Nii Simmonds's
Complete
List Of
African-Accounts
Articles
|
|
If you enjoyed this article, get Nii Simmonds's Complete List of African-Accounts Articles For FREE!
|
|
|
|
