Kenyan entrepreneurs receive mentorship from global investment giants

The Endeavor Investment Network held its first workshop in Africa, an event, designed to provide investors with access to high-impact entrepreneurs and key members of the business and venture ecosystems in emerging markets in Africa.

The participants included local entrepreneurs from Kenya, Endeavor entrepreneurs, regional investors, and international investors including global investor network members such as TPG Rise Fund, Wamda Capital, and IFC Ventures.

The  Endeavor  Investor  Network’s signature “Speed-networking” session allows for  matching  amongst entrepreneurs and investors together by geography, sector and stage for 25 minute connections. The outcome of these connections is often  the beginning of  long term  investment relationships between  the funds  and  local  entrepreneurs.

 “This was an opportunity to showcase entrepreneurs with business models that have  proved  resilient and innovative. Many selected  have  transformed their strategies to solve problems that have arisen in 2020, in logistics, retail and agriculture,” said Ms. Fiona Mungai Endeavor Kenya, Managing Director

“It was an indicator  that investors are open   to African business and are seeking opportunities that will deliver value and impact in terms of job and wealth creation,” she added.

The entrepreneurs also had a chance to receive on-demand mentorship on some of the key challenges around Fundraising, Strategy, Talent, Finance and Governance from Endeavor partners.

“The event continued to  break new ground in remote networking capabilities and showcased a blue-chip group of investors with many of Africa’s brightest entrepreneurial leaders,” said Joseph Rehmann, CEO and Co-Founder of Victory Farms  Kenya.

Endeavor continues its mission to support high-impact entrepreneurship around the world and to enable entrepreneurs unleash their potential. It organized a recent event to match African entrepreneurs seeking to scale up operations with global investors focused on key growth sectors and investment opportunities in Sub Sahara Africa.

 

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