WIDU.africa
About WIDU.africa
WIDU.africa is a platform that connects African entrepreneurs with the African diaspora to support business growth through private investments and grants. The platform operates in several African countries, including Cameroon, Ethiopia, Ghana, Kenya, Togo, and Tunisia, aiming to enhance the employment and income potential of micro and small businesses in these regions. WIDU.africa collaborates with the African diaspora in Europe to provide financial support and coaching to entrepreneurs, fostering job creation and economic development. The platform offers various funding instruments, such as the Original WIDU Grant, which allows members of the African diaspora to support family members and friends with businesses in Africa. Additionally, WIDU.africa has introduced Local Calls, targeting specific economic sectors, and Rapid Response Grants to address urgent needs. Entrepreneurs receive tailored coaching to ensure effective utilization of funds, addressing challenges like access to financial services and the need for entrepreneurial skills development. Since its inception, WIDU.africa has supported thousands of businesses, creating and maintaining numerous jobs, with a significant portion occupied by women. The platform's approach leverages diaspora remittances to invest in micro-businesses, aiming to create sustainable job opportunities and improve income levels. By combining financial support with capacity-building measures, WIDU.africa contributes to the economic resilience and development of its partner countries.
Investment Mandate
Investment Stages3
Asset Classes2
Requirements
Financial contribution by diaspora required, Private investment by entrepreneur required, Tailored coaching sessions for entrepreneurs
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