Venture Capital- The missing middle in Africa.

Venture capital is the missing middle in Africa. While small businesses can get loans from microfinance institutions, big multinational companies can easily secure large sums of money from  banks. This leaves out the middle high growth businesses that have nowhere to turn to whne they need financing for their businesses. What's more, most of the growth in Africa is driven by minerals and extractive materials, which makes the high growth rates in the continent to be deceptive.

This is why the growth in Africa can sometimes feel hollow, creating what's known as jobless growth. Young people in Africa have especially been hard hit by lack of jobs, and studies show that