Impact Hub Accra has launched an initiative that aims at getting support from European investors for Ghanaian and Nigerian startups. The initiative, Deep Dive Africa Tour, is established with the help of Make-IT in Africa, an initiative of the German Federal Ministry for Economic Cooperation and Development.
The timing of the Deep Dive Africa Tour seems apt as it comes during the period when there is a rise of a new generation of entrepreneurs creating new opportunities on the African continent. These entrepreneurs are tackling some of the biggest problems the continent is facing. Thus, there is a huge demand for early-stage investor capital.
And as European investors seek new enterprises to pump their money in, this project could be the breakthrough. The primary goal of Deep Dive Africa is to create local networks in Africa to help manage the deal flow for European first-time investors in Africa.
The investors will be meeting the Ghanaian startups in Accra and Kumasi while those in Nigeria will converge in Lagos. Sessions will be focused on letting these investors understand the legal landscape of making investments in these markets (Ghana and Nigeria). The investors will also visit local tech hubs and have one-on-one meetings with selected startups.
The Deep Dive Africa Tour will start on November 27 in Accra. It will come to an end on December 4, 2019, in Lagos. For more details on the project, log on to deepdive.africa.
About Impact Hub Accra
Impact Hub Accra (IHA) is part of the global Impact Hub Network with a presence in 85 cities, across 5 regions and 15,000+ members. IHA is a collaborative organisation providing growth support services to innovative startup businesses, including; accelerator programs for entrepreneurs, investment, leadership training, networking events, opportunity to design and prototype, and more. The hub is an active nexus where different local and global ecosystem players converge and engage Ghana’s vibrant community of entrepreneurs.