Africa is not short of money. It is short of risk capital. This is the first RootsToFoods Capital Series episode with two guests. Ovidiu Bujorean speaks with Kanini Mutooni, Africa Director and Senior Managing Director at the Draper Richards Kaplan Foundation, and Dr. Frank Aswani, CEO of the African Venture Philanthropy Alliance (AVPA).
Kanini walks through one real investment: Keep IT Cool, a Kenyan solar cold-chain company. In about three years it went from a single hands-off investor to an Earthshot Prize, and onto the path to financial sustainability. Frank explains what it would take for ten more companies to make the same journey. That starts with investor readiness and includes catalytic capital collaboratives that reserve seats for African investors.
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