Plus234Feed

Afristak Launches Platform to Connect SMEs with Investors

Afristak Launches Platform to Connect SMEs with Investors

Afristak has introduced a new platform in Nigeria designed to connect small and medium enterprises (SMEs) with a broad range of investors, addressing the persistent funding gap across Africa. The platform aims to improve capital allocation by bridging the disconnect between available funds and businesses seeking viable opportunities.

Despite the availability of capital within the financial system, SMEs often face structural barriers limiting their access to funding. Henri Adebisi, the founder of Afristak, emphasized that the platform enables businesses to create profiles, list their funding needs, and identify suitable investment partners.

It also supports businesses in preparing financial information and developing investment narratives. The platform promotes efficient capital flow, facilitating investment from local and international investors, including individual angel investors and diaspora investors.

Afristak aims to enhance transparency and inclusivity in the investment process, ultimately driving economic growth across Africa by ensuring that businesses are well-prepared to attract investment.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

Read full article

Continue on Punch Newspapers

Visit
Share