Innovation

InvestWell platform to bridge FDI gap in Africa

The InvestWell platform connects core and soft infrastructure projects from Sub-Saharan Africa to international institutional investors. It serves to bridge the gap between inexperience of project developers not accustomed to the requirements of international investment firms and the challenge of sourcing bankable projects by Investors.With Sub-Saharan African growing at three times faster than developed markets and anticipated to drive 65% of economic growth by 2020, Africa is an attractive investment opportunity that InvestWell a new platform aims to maximise.

Having worked in various sectors InvestWell is the brainchild of co-founders Rita Usanga, Ashley Thompson-MacCarthy, Richard Mensah and Olusegun Okubanjo who collectively bring over 40 years experience in the startup, technology, investment banking and operating in Africa space.

In essence the UK based start-up, gets project developers investor ready and brings bankable projects to investors. Rita Usanga, CEO and co-founder of InvestWell tells Appsafrica.com. “Investors who don’t act now will lose out on getting the best returns.”

The InvestWell platform connects core and soft infrastructure projects from Sub-Saharan Africa to international institutional investors. It serves to bridge the gap between inexperience of project developers not accustomed to the requirements of international investment firms and the challenge of sourcing bankable projects by Investors.


Discovery for investors

The platform will facilitate opportunity discovery for investors, relationship building between project developer and investors before meeting and provide essential knowledge development for project developers, ultimate creating a self-functioning ecosystem. Both users create a profile with investors adding their criteria for opportunities they want to be alerted about and project developers uploading details of their project. All projects are vetted with commercial and financial due diligence as well as a light KYC complete before been sent to investors.

“Foreign direct investment into Sub-Sahara Africa in 2014 reached a new height of $56bn, a 933% increase in since 2000. Yet, total value on opportunities in Nigeria, Ghana, Kenya, Rwanda and South Africa exceeded this. If we then consider the value of opportunities in across the 48 Sub-Sahara Africa countries, the opportunities are even greater” explains Usanga.

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