🚀 Empowering Africa's Next Gen Fund Managers: Local VCs Bridge Investment Gap 🌱💰🌍
#startup
#venture capital
#investments
#funding
As Africa's startup landscape expands, local entities like Dream VC and the Obuntu Foundation are stepping up to cultivate the next generation of fund managers, addressing the growing need for homegrown investment expertise. 🌐📈
Amid the rise of African startups, local VC programs like Dream VC and Obuntu Foundation are bridging the investment gap left by foreign firms, which dominated 77% of funding in 2022. These tailored programs aim to equip the next wave of fund managers with skills and networks essential for success. Initiatives run by Dream VC and Obuntu offer investor accelerator programs, nurturing professionals aspiring to venture into funding, angel investing, or contributing to Africa's startup ecosystem. The success of these programs is evident, with alumni making waves in firms managing over $6.6 billion in assets.
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