How startups can unlock domestic capital for businesses

The Chief Executive of Africa Venture Philanthropy Alliance (AVPA), Dr Frank Aswani, holds a wild thought on domestic capital mobilisation for entrepreneurs: If churches can build hospitals, schools and run them profitably, why can’t they also invest in startups?

According to his observation, this is one of the funding avenues that economies like Kenya can pursue, instead of relying on foreign inflows.  This money, while always available, is not suitable for economies on the continent, he says.

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The Chief Executive of Africa Venture Philanthropy Alliance (AVPA), Dr Frank Aswani, holds a wild thought on domestic capital mobilisation for entrepreneurs: If churches can build hospitals, schools and run them profitably, why can’t they also invest in startups?

Follow The Standard
channel
on WhatsApp