Major African VC network launches private investing tools

Venture Capitalfor Africa (VC4Africa), an online community of venture capitalists, angels and entrepreneurs, today announced the launch of new tools aimed at helping people raise funds for their startups.

The network, which is dedicated to building business on the African continent, claims that the new tools make private investment easy, secure and social. It also says that they allow entrepreneurs to register their funding needs. These are then shared for investors, registered as part of the VC4Africa investor network, to review.

Any investor interested in the venture can reportedly engage the entrepreneur for more details. and if they like the terms the venture is offering, step forward as a lead investor. The venture then goes into fundraising mode for 90 days in which the entrepreneur and lead investor can attract additional support. This is the next step in VC4Africa’s efforts to help close the startup-funding gap, bringing quality entrepreneurs and qualified investors closer together… Read more

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