FrontEnd Ventures, a Kenya-focused venture capital fund has closed its initial $1 million VC fund to provide funding for early-stage founders in the East African country. “We are investing in Kenyan founders because we believe in our thesis that people who have lived experiences have a much better chance of creating products that address related nuances,” Njeri Muhia, FrontEnd’s Partner and co-Founder said. “This means investing in local women founders too since they bring with […]
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After spending years in London, matching Kenyans in the diaspora with investment opportunities back home, and later on as a credit portfolio manager at Barclays bank, Njeri Muhia sought a greater challenge within Africa. Already aware of the growing startup ecosystem in the continent and the funding gaps that local founders face, she teamed up with Steven Wamathai who has vast experience in the investment management industry during the middle of last year, to start an early-stage venture capital […]
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