The Endeavor Investment Network held its first workshop in Africa aimed at providing investors with access to high-impact entrepreneurs and key members of the business and venture ecosystems in emerging markets in the continent.
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 speed-networking session allows for matching amongst entrepreneurs and investors together by geography, sector, and stage for 25-minute connections with the expected outcome being long term investment relationships between them.
“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 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.
“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, who attended the interaction.
Launched in April 2011, the Endeavor Investor Network is an invitation-only event, designed to provide investors with access to High-Impact Entrepreneurs.