The International Finance Corporation (IFC), a member of the World Bank Group, has long championed Africa’s entrepreneurial ecosystems by supporting a diverse array of companies, funds, and ESOs such as accelerators and incubators. This transformative study aimed to enhance collaboration within the ecosystem by addressing key challenges faced by both entrepreneurs and their support systems.
- Entrepreneurial Challenges: Difficulty in accessing capital, scaling businesses, and connecting with the right support organizations.
- Investor and ESO Challenges: Building a robust pipeline of high-growth potential entrepreneurs for meaningful engagements.
The project was designed to create strategic linkages between entrepreneurs, investors, and ESOs by analyzing ecosystem preferences, building actionable databases, and fostering direct interactions between stakeholders.
Impact Metrics:
- Engaged over 2,800 entrepreneurs across Africa.
- Connected businesses to 2,000+ support organisations.
Notable Achievments
- Successfully connected high-growth entrepreneurs to investors and accelerators, paving the way for improved access to capital and resources.
- Provided data-driven recommendations to the IFC, influencing policy and investment strategies to nurture Africa’s entrepreneurial landscape.
- Demonstrated Imuka’s capacity to manage complex, multi-stakeholder projects spanning diverse regions and deliver impactful results on time.