Tanzania Venture Capital Network is a platform that has been set up to promote the growth and development of private equity and venture capital as an alternative source of finance for local companies, and an alternative asset class for investors in Tanzania.
The Network was officially launched on 05th March 2018 with much enthusiasm and support from both the public and private sector in unlocking the potential of the country in attracting more PE/VC deals coming into the market.
The report of deal flow to Africa by Africa Venture Capital Association indicates that a total of USD 2.4bn was invested in East Africa for a period of 2012 to 2017, with only 17% and 10% of deal value and volume respectively coming into Tanzania.
The Network seeks to carry out various activities that include training, education and awareness, information sharing, research and data, publications, Due diligence, deal origination, Investment facilitation and advocating for a better PE investment climate in the country that will help see more deal activities in the market.
The Network also seeks to contribute in addressing all fundamental issues at the macro level that are necessary in making Tanzania an attractive destination of PE deals.
The Network works with different players including;
- Limited partners
- General partners/Fund managers
- Professional firms (Consultants, Audit firms, Law firms, HR firms, etc.)
- Financial institutions (Non-PE/VC category)
- Companies operating in East Africa
- Industry associations
- Platforms supporting entrepreneurs such as accelerators, hubs, incubators, etc.
Join us and lets make a difference in unlocking the economic potential of this country.