Africa venture capital scene ripe with potential

The future of African enterprises depends on governments and private sector players developing as many entrepreneurs as possible. file photo | nmg

Although we sometimes dismiss the notion of Africa rising, there are emerging innovative ideas that make Africa look great.

One such event is the recent announcement that pan-African venture capital firm CRE Venture Capital, had led a $40 million (Sh4.1 billion) Series C funding of Andela, an Africa-based tech nology company with offices in Nairobi, Kampala, Lagos and New York.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.