VC4Africa was started as a LinkedIn group in the spring of 2008 and has grown organically into what is now the largest online community dedicated to entrepreneurs and investors building companies on the continent. The VC4Africa community has always been free for anyone to join and the entire network and its content remain open and accessible. VC4Africa can be found on VC4Africa.biz, Linkedin, Twitter and Facebook.

A core vision behind the project is that VC4Africa is only a platform within a larger social movement. Open communication and collaboration is encouraged and all members are invited to become active participants in both growing and developing the project. This means members are encouraged to invite new members, post content, start discussions, initiate networking events and join the VC4Africa management team in a more concerted effort to grow, develop and evolve the concept. Every member is expected to contribute in some meaningful way.

VC4Africa believes that entrepreneurship should be the main driver in Africa’s economic growth, in particular the small and medium sized enterprises (SMEs) that provide much of Africa’s employment, income and hope for a better future. SMEs contribute around two thirds of national income and provide the foundation for a stable middle class in many African countries. They help form strong communities and are a powerful force for poverty reduction. SMEs play a significant role in building economic stability and sustainability for the future.

As Africa enters the new millennium it faces a challenge to provide better economic opportunities for citizens through sustained growth and alleviating the poverty that has long plagued the continent. The NEPAD (New Economic Platform for African Development) and the United Nations Millennium Goals for 2015, to which the EU-countries have all subscribed, have set out ambitious aims in this respect. The World Economic Forum in Davos and the G8 have also made the commitment to stimulate private and public investments in Africa. However, it’s our belief that the most meaningful impact will still come from entrepreneurs building great companies.

VC4Africa aims to connect these individuals with the additional network, knowledge and capital they need to realize their potential.