Office

Hong Kong-based venture capital firm, NEST, has opened an office in Nairobi, Kenya to support African startups.

A news release on this was made available to TechCabal via email. In it, NEST said it will be working with entrepreneurs in Africa by sharing knowledge, experience, providing access to funding and introducing itself to successful entrepreneurs.

Their aim is to foster the continent’s top entrepreneurial talent.

The new NEST’s Africa office is located in Nairobi garage, a co-working space in Kenya, and will be managed by Aaron Fu, a managing partner at NEST.

“There is a lot exciting talent in Africa and there’s a huge opportunity to scale businesses both across the continent and also globally,” said Simon Squibb, CEO of NEST. “We can enhance access to financial services and develop effective education and healthcare technologies that reach the bottom of the pyramid and directly impact people’s lives.”

NEST in Nairobi will act as springboard for startups across the continent and entrepreneurs will be encouraged to apply for funding and support.

Image: Via Pixabay

Read this next
More From TC

Kemitt, an e-commerce startup headquartered in Egypt, has secured an undisclosed six-figure amount in funding from a group of Saudi Angel investors. Founded in 2018, Kemitt is a marketplace that enables product and furniture designers to connect with their end customers.  Kemitt provides an online platform to product designers and gives them the tools they […]

In 2019, when Opera introduced OList it was with a rather silent launch. Compared to other product lines like Opay or Oride, there was no press release announcing the launch of OList, just a mention in its financial statement.  OList is a marketplace that connects buyers and sellers to opportunities. It’s part of Opera’s strategy […]

samurai_incubate

As success stories from Africa’s startup scene spread across the world, more diverse sources of funding are opening up to the continent. While investors from Western economies lead the flock of international interest parties, money bags in Asia are building momentum to invest in high-impact businesses in Africa. Japanese firms have been notably active in […]


TechCabal is a Big Cabal Media brand



Copyright © 2013 - 2021
All rights reserved

Privacy & Terms
X