WIDU.africa
Overview
WIDU.africa is a platform that connects African entrepreneurs with the African diaspora to support business growth through private investments and grants. The platform operates in several African countries, including Cameroon, Ethiopia, Ghana, Kenya, Togo, and Tunisia, aiming to enhance the employment and income potential of micro and small businesses in these regions. WIDU.africa collaborates with the African diaspora in Europe to provide financial support and coaching to entrepreneurs, fostering job creation and economic development. The platform offers various funding instruments, such as the Original WIDU Grant, which allows members of the African diaspora to support family members and friends with businesses in Africa. Additionally, WIDU.africa has introduced Local Calls, targeting specific economic sectors, and Rapid Response Grants to address urgent needs. Entrepreneurs receive tailored coaching to ensure effective utilization of funds, addressing challenges like access to financial services and the need for entrepreneurial skills development. Since its inception, WIDU.africa has supported thousands of businesses, creating and maintaining numerous jobs, with a significant portion occupied by women. The platform's approach leverages diaspora remittances to invest in micro-businesses, aiming to create sustainable job opportunities and improve income levels. By combining financial support with capacity-building measures, WIDU.africa contributes to the economic resilience and development of its partner countries.
Investment Focus
- Financial contribution by diaspora required
- Private investment by entrepreneur required
- Tailored coaching sessions for entrepreneurs
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Frequently asked questions about WIDU.africa
What sectors does WIDU.africa invest in?
WIDU.africa invests in Technology, Healthcare, Energy, Real Estate, Telecommunications and Media, and is based in Hessen, Germany. WIDU.africa is listed as a other in the ConnectSafely investor database.
What stage does WIDU.africa invest at?
WIDU.africa backs companies at Seed, Early Stage and Growth, writing cheques of 250 - 2.5K.
Which regions does WIDU.africa invest in?
WIDU.africa invests across Ghana, Kenya, Tunisia, Ethiopia, Cameroon and Togo.
How do I contact WIDU.africa?
WIDU.africa's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
