List of 13 Funders/Investors on Start-ups and established Businesses
As the amount of money investors are channeling into Africa grows, consider approaching both local and international investors for your company than looking into Government Agencies and Banks only
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Before you approach
Before approaching investors educate yourself in, at least, investment basics. Understand that they want to see how your business is going to make them money, especially if you want to exchange investment for debt rather than equity.
Goodwell Investments @GoodwellInvest
An Amsterdam based investment fund that offers microfinance and startup funding for African SMMEs. It also offers entrepreneurs’ assistance strategy, planning, fundraising, governance and reporting.
Link: goodwell.nl
Greycroft Partners @greycroftvc
A US-based venture capital company which mainly invests in digital media and tech startups. They target early-stage companies with young founders, typically in “seed” or “Series A” rounds according to Fortune.
They also have a keen interest in startups that are headed by female founders and entrepreneurs, according to the same report. They recently invested in a Kenyan bitcoin payment solution, BitPesa and Nigerian payment solution, Flutterwave.
They have two funds available: Greycroft IV, a $204 million venture fund and Greycroft Growth II, a $365 million growth-stage fund. Greycroft Growth II starts at $10 million and will invest up to $35 million in a company.
Kgatelopele
A South African private equity firm that funds under-developed black-owned businesses that show growth potential. They assist with raising capital, help source talent and develop growth strategies with the aim of raising value.
Link: kgatelopele.co.za/index.html
Accion @Accion
A US-based NGO.. In 2017,they partnered with Quona, a fund that invests in fintech startups with a social purpose. Some of startups they invested in include Nigeria’s fintech solution Lidya and South Africa’s insurance company AllLife
Link: accion.org
Rising Tide Africa @RisinTideAfrica
It invests between $50k and $500k in women owned startups. It is an early stage investor in ‘digitally and technology-enabled companies’ that will improve lives of African women and lifestyles of the continent.
Link: risingtideafrica.com
VC4Africa @VC4Africa
A networking platform that links Africa businesses with investors and provides mentoring and support for African entrepreneurs.
Link: academy.vc4a.com
Kalon Venture Partners @KalonVp
A SA-based section 12J venture capital fund and is one of a few 12J funds that invests in tech startups From R110k. They invested in shopping app, Snapnsave, solar power financial system, Sun Exchange, i-Pay.
Knife Capital @KnifeCap
A Cape-based venture capital firm. Their target is post-revenue stage companies that require funding for growth or expansion, with a strong product or service offering and a scalable business model.
Link: knifecap.com
4Di Capital @4DiCapital
A SA venture capital fund manager investing in high-growth tech startup opportunities across seed, early and growth funding stages. 4Di had launched its third investment vehicle, 4Di Capital Fund III (US$9.4 million)
Link: 4dicapital.com
Naspers Foundry
A R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector.
The Vumela Fund
A R588 million social venture capital fund managed by Edge Growth on behalf of Vumela Trustees. So far, Vumela Fund has made 19 investments – one of which is Giraffe, a recruitment startup that secured a round of equity funding.
Part of Africa Trust Group, a SA-based early-stage gender-lens investing group. They are committed to investing in Africa’s women entrepreneurs, enterprise development, access to markets and trade facilitation.
Khula Lula, a South African venture capital innovator, offers access to micro-financing to African tech startups. According to its website, Khula Lula specialises in both angel investment and public equity investing.
Different investors will offer different opportunities, so be willing to adapt your strategy to meet the demands and expectations of the investor offering you financing.
17 Best Small Business Opportunities in South Africa
South Africa is the second-largest economy in Africa and is ranked as an upper-middle-income economy by the World Bank. Growing and sizeable African middle class, establishing political environment, a good number of expatriates, and abundance of
natural resources altogether make South Africa one of the best countries in Africa for small business startup.
There are numerous small business opportunities in South Africa that can be started on either a low budget and even with no cost at all.
Money, moola, cash, dough, bucks … call it what you want, we could all use a little more of it around this time of year. But how? One way to stretch your rands is to spend less of them. Start thinking like a saver today. Here are 21 ways to save money to get you started.
1. Eat in
Keep a healthy snack with you, skip takeaways and swap restaurants for small, home-based dinners with friends and family and try to support local where possible.
2. Don’t skip breakfast
A healthy breakfast fills you up with energy for the day. This will stop you from
Key Differences Between Funeral Cover And Life (Cover) Insurance
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For so many people, things can get a little bit confusing when it comes to knowing the differences between Life Insurance and Funeral Cover. Where does the one begin and the other end? Here's everything you'll ever need to know.
Here's the simple explanation:
Funeral Insurance will cover many, if not all of the costs leading up to, and including, a funeral and the burial or cremation. Life Insurance, on the other hand, takes care of the people you leave behind after passing away.
Step by Step Guide how to Buy shares on the JSE ( Johannesburg Stock Exchange )
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Step 1: Finding the right share to buy
Buying shares isn’t simply a random process. You’ll have to do some solid research to determine which are the best JSE shares to buy at the specific time you’re looking to enter into the stock market.
Take note that you can’t independently buy shares – you have to find a registered stockbroker who will purchase them on your behalf. But before you get to that stage, it’s essential to gain an understanding of the workings of stock market and the process of buying shares on JSE.
How Mentees Can Get The Most Out Of Their Mentorship
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To aid your self-assessment of your performance as a mentee, consider:
1. Why do mentors mentor? 2. What do you as a mentee expect to get out of a mentorship? 3. What does your mentor expect from you as a mentee? 4. What attitude should you hold as a mentee?
1. Why do mentors mentor? What can a mentor gain from mentoring?
Mentors can gain power and identity, as well as grow their business. The most powerful individuals have many people who help them and whom they help. Your mentor may need you to be successful.
To make perfume last longer you will want to ensure the perfume is able to connect with your skin and stay put all day. To do this, you will want to follow as many of the below perfume rules as you are able to. It also covers how to make your perfume last longer in the bottle!
1. Apply right after your shower.
Starting with proper application helps ensure your fragrance lasts all day. For best results, apply your perfume right after you shower and dry off.