The Africa Chamber of Digital Commerce (ACOFDC) and Dream VC has announced a strategic partnership to increase access to venture capital opportunities in Africa. While venture capital investment has increased 15-fold in Africa over the last six years, the majority of active investors remain local, highlighting the need for increased education and access to investment opportunities. The partnership aims to provide aspiring investors with the skills and resources needed to invest successfully in African startups. Dream VC will offer remote programs providing practical knowledge, live case studies, and insights from active venture capitalists and angel investors already investing in Africa. The partnership will kick off with two masterclasses for founders and investors on April 8th. The collaboration between ACOFDC and Dream VC will enable African founders, VCs, fund managers, and exited founders with the necessary tools and resources to achieve superior returns by investing in Africa's growing businesses.
The ACOFDC is a diaspora-led non-profit organization based in the United States that seeks to accelerate the adoption of emerging technology across all industries in Africa through advocacy, education, and strategic partnerships in collaboration with policymakers, regulatory agencies, tech investors, and industry leaders. Dream VC, on the other hand, is an investor accelerator focused on training the next generation of African-focused investors globally and unlocking the untapped potential of investing and driving venture capital activity in Africa.
Kelvin Jiraji, MD, Sub-Saharan Africa for the Africa Chamber of Digital Commerce (ACOFDC), said that "beyond equipping founders, we are creating a safe space for fund managers and aspiring investors keen on launching into venture capital. In addition to other initiatives we are pursuing, we are hoping that this partnership with Dream VC will help to open up the investment landscape in Africa further." Mark Kleyner, Co-Founder of Dream VC, added that "our mission at Dream VC is to accelerate African investors. We know that the African investment ecosystem is growing significantly, so this collaboration with the ACOFDC will enable us to equip African founders, VCs, fund managers, and exiting founders with the tools and resources they need to achieve superior returns by investing in the continent’s growing businesses."
Interested individuals can sign up for the first event of this partnership by visiting the provided link. Start Here
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