$100m fund a great boost for start-ups across Africa

When Brenda Amongin first started her online shop selling African art and crafts, she struggled to raise capital to grow the business. “I used my savings to buy materials but the money was not enough,” says Amongin, the founder of the online retail shop, Amayomart.com

But in 2016, having competed with thousands of other upcoming entrepreneurs, Amongin’s business idea was one of those that won up to $5,000 in seed capital to help make her business idea a reality.