VC4A (Venture Capital for Africa) is a community that has grown organically over the years. It started at the annual congress of the African Venture Capital Association in Dakar, Senegal 2007. At this meeting it was made clear that existing financial infrastructure, and related financiers, could be found on two ends of the spectrum: i) Micro-finance and ii) Venture Capital and Private Equity. The seed stage gap (the “S” in SME) and Angel investor segments remained sorely lacking. The still too-frequent negative publicity surrounding the continent, the perceived challenges of businesses operating in an African context, higher costs of due diligence, and the inexperience of the investors, are some of the reasons that hinder economic activity.
VC4A was started as a conversation and over the years, has evolved into what is now a fast growing community of business professionals dedicated to building game changing companies on the African continent. Entrepreneurs have access to free online tools, mentorship opportunities and the ability to raise capital. Program partners engage members with their programs and services. Pro Account users are able to discover great companies that match their profile and can follow the progress of ventures they like. They are able to conduct research on new opportunities and follow up with founders and investors directly. VC4A has members in 159 countries.