Investing in African Startups

Roundtable on January 17, 2017

The Westerwelle Foundation promotes entrepreneurship worldwide. When talking to young entrepreneurs, in particular from Africa, we often get asked how they can get investors on board in order to grow and scale their businesses. In particular in the early stages of a company the support of investors can be very helpful. Despite a variety of programmes and projects, African startups are quite often not on the radar of German and international investors yet.  

At a roundtable “Investing in African Startups” the Westerwelle Foundation thus discussed potentials and challenges as well as opportunities for becoming more active in Africa. The Foundation invited Startups and representatives of African countries as well as investors who are already active in Africa or would like to become more active there. “It was a really productive discussion. For the participants as well as for the Westerwelle Foundation it was very valuable with regard to activities in Africa”, said Alexander Vogel, Secretary General, after the event.

Promotion of entrepreneurship is one of the core tasks of the Westerwelle Foundation which has set itself the goal to create more chances for more people worldwide. The Young Founders Programme, a leadership and network programme for young entrepreneurs, and in particular the Startup Haus Tunis, a co-working and event space in Tunisia, can serve as examples.