Why local angel investors are missing link on startup scene

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Foreign angel investors have been reaping handsome returns from their partnership with Kenyan start-ups that spring up all the time.

These foreign investors pump funds into promising local startups, after which they reap big once the enterprises pick up and turn in profits. Such angel investors benefit immensely by converting the debt into a stake in the new companies.

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