Aventura Partners seed fund is was launched together with private investors who share the Founder's vision for the development of the African continent based not on “aid,” but investment in entrepreneurs who will create wealth and stability for themselves and their communities.
Aventura and its investors' view of investment as a driver of development are in line with that of the African Venture Capital Association:
“Enterprises backed by venture capital and private equity are confirmed as key drivers of growth and sustainable development… The impacts these companies have had on their local communities (and the wider economy) cannot be overstated. They provide employment, education, skills, healthcare, infrastructural development, housing, security and are an enduring source of opportunity and empowerment to Africa’s most needy.”
AVCA Response to Commission for Africa Report – May 2005
|
|