3 December 2012 | Insight into business in Africa
These are some of the characteristics the Savannah Fund looks for in entrepreneurs. The Savannah Fund is a seed capital fund specialising in US$25,000-$500,000 investments in early stage technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The fund’s three main partners are tech heavyweights Mbwana Alliy, Erik Hersman and Paul Bragiel.