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.
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