Village Capital, in collaboration with Norad, has initiated a comprehensive program called Empowering Sustainable Entrepreneurship Africa. This program aims to provide support and investment opportunities for entrepreneurs in Africa, with a focus on empowering women in the business sector. By offering financial resources, mentorship, and networking opportunities, Village Capital is working towards creating a more inclusive and diverse entrepreneurial ecosystem in the region.
Kenyan e-health startup Benacare and Zambian fintech Mighty Finance have recently secured funding from Village Capital and Standard Chartered Bank. This investment will allow the two startups to expand their operations, develop new products, and reach more customers. It also highlights Village Capital's commitment to supporting innovative businesses that have the potential to make a positive impact in their communities.
Working with Village Capital, two researchers have found that when investors use consistent and similar assessments of founders, women entrepreneurs tend to fare better. This underscores the importance of creating a level playing field for all entrepreneurs, regardless of gender, and ensuring that investment decisions are based on merit and potential rather than biases.