Paris, October 24 2014: Kusuntu Partners launches a new service for linking up the Africa Focused Private Equity Funds and Investors to Africa Small and Growing Businesses.
Kusuntu, a partnership that promotes the emergence and the development of African Economic Champions announces the launch of a new service to assist Africa focused Private Equity Funds and Investors access the pool of Africa Small and Growing Businesses that are looking for growth and expansion capital.
The Kusuntu Match Making Service is an internet based market place that lists a selection of African Small and Growing Businesses in a view to be identified by those Africa focused Private Equity Funds and International Investors looking for deals opportunities on the continent.
This market place is an additional service to the Kusuntu African Private Equity Directory as well as the African Private Equity Business Guide introduced few years ago.
Jean-Luc Koffi Vovor, founder of the Kusuntu initiative and Partner indicates "this is a new milestone in our endeavor to assist entrepreneurs and companies leading the change in Africa to be seen and access the pool of capital and business expertise necessary to sustain their development. There are currently close to 8 million Small and Growing Businesses in Africa looking for growth and expansion capital between USD 200 000 and USD 2 000 000, only 2 millions of them are operating as formally registered entities. This represents an untapped investment opportunity for those Private Equity Funds that are active on the continent. We believe that at the scale of the continent and given the rapid growth of the internet, this service could contribute to narrow down the issues impeding an easier pipeline origination on the small and mid cap segment."
How does it work?
The Kusuntu Match Making Service is accessible at http://www.kusuntu-partners.com/projects-investors.html.
Africa Small and Growing Businesses looking for PE type investments register to the platform with a series of information and data to present their businesses and perspectives. The registration is confirmed after a verification process conducted by the Kusuntu Back-Office. Registered companies only have access to their own data.
Africa focused PE firms registered on the platform access registered and verified companies information or the only ones that meet their selected criteria’s.
For more, please see here.
Source: Kusuntu Partners.