Invest Africa Launches the First Micro-Venture Capital Platform Dedicated to the African Continent

While entrepreneurs sometimes receive start-up capital through micro-credit, these businesses often struggle to find funding that allow them to expand, grow, and create jobs. To resolve this issue, Invest Africa launched a micro-investment platform (www.invest-africa.org) dedicated to helping micro and small enterprises (MSEs) in Africa get the funding they need to grow and fight poverty in their communities.

A benefit corporation

Invest Africa is a benefit corporation registered in New Jersey. A benefit corporation is a new class of corporation that is required to create a materially positive impact on society and the environment and meet higher standards of accountability and transparency. A benefit corporation is also required to publish an annual Benefit Report in accordance with a third party standard for defining, reporting, and assessing social an environmental performance.

Which allows investors to get a return on their investment

The businesses working with Invest Africa will begin repaying the original principle plus a percentage of their profit. Invest Africa’s field partners will receive a small percentage of the profit as a service fee and transfer the remaining amount to Invest Africa. Each investor will receive back its original investment plus the social profits, proportional to the amount invested. They can use the original amount invested to make another investment or withdraw it and transfer it to their bank account. They can also use the social profits corresponding to the financial return from their investment to help another entrepreneur or to collect rewards on our online rewards platform which will be installed soon.

And to provide coaching services to our entrepreneurs

Invest Africa ‘s Coaching Program provides investors with the opportunity to volunteer their expertise. They can select and invest in a business and then provide consulting and advisory services to that business through an online coaching system.

2 pilot projects in Benin and Ghana

Hellen Asabea, with our local partner VPWA in Ghana, and Jacqueline Kotoko, with our partner Alidé in Benin are Invest Africa’s very first entrepreneurs. VPWA will be working with rural farming communities in Akuapim South Municipal area in the Eastern Region of Ghana to provide a plant to process agricultural food stuffs for local consumption. Hellen Asabea is currently managing the farm and has over 20 years experience in farming.