Great event, great conversations about #startup ecosystem in #Africa and the importance of building sustainable and growing business as well as enabling local angel investors to exit so they can re-invest again. Thanks Kenyan Wall Street for having wariobaventures in the house.

We will be Sankalp Forum this week. Are you attending? Our startups will also be exhibiting their work and solutions. Stop by the launchpad area and come say hello! #SankalpSummit23

Day 1 of #SankalpAfrica2023 has been full of insightful discussions, learning, and networking. Looking forward to another day of impactful connections!

Founder of Amala App, Mexina Daniel, on stage at #RingTheBell2023 Dar es Salaam event sharing the impact of providing services to women-owned business and potential of expanding Amala services to VICOBA. #digitALL #IWD2023

An honor to have you at SNDBX. A warm and candid engagement with Vice President Kamala Harris yesterday at SNDBX, as part of her tour in Tanzania. Karibu tena SNDBX, karibu tena #Tanzania 🇹🇿. The White House

Congratulations to Dawa Mkononi, a Tanzanian B2B healthcare supply chain startup, for unlocking funding worth three times the #investment received from WV Angels Network under wariobaventures. Read more: linkedin.com/pulse/dawa-mko…

Dawa Mkononi x WV Angels Network support is an illustration of the need and importance of local angel investors networks for the growth of our ecosystem. Hongereni @daktarimkononi and team and thank you to wariobaventures for the trust and support. 👏🏾👏🏾👏🏾 CC: EAVCA 🚀

🗓️ Mark your calendars! On 30th June, FWD & WV Angels invite you to delve into the corridors of partnership, unlocking possibilities for success and ecosystem growth through collaboration & innovative approaches. To RSVP, visit bit.ly/43R7sle. Limited spaces!

“The key to partnerships is relationships. Looking for investment is a process, if investment is what you are looking for you need to start building relationships.” - Ivana Damjanov, UNCDF Tanzania. PesaTech Accelerator

“Know where you want to get to, know your value proposition, what is your revenue generator, what have you put in and what do you need.” Eric Massinda, FSDT Eric Massinda

“Pain points on partnership between startups and established organizations: - Misalignment of objectives and goals - Rigidness of companies - Communication gap between the startups and established companies with industry knowledge.” - Tunu Yongolo Funguo Tanzania

“Startups need to look into the concept of blended finance, that is grants + commercial capital. Grants shouldn’t be coming to the business to pay salaries but to develop your product.” - Ezra Musoke Daraja Impact

“On blended capital- it partially derisks the investment for the financier and reduces the total cost of capital for the entrepreneur.” - Ezra Musoke Daraja Impact

Thanks for everyone who showed up to our FWD Accelerator event earlier today. It was good to have FSDT , Funguo Tanzania , SEAF and UNCDF #Tanzania on a panel sharing their experience and knowledge on importance of partnerships when it comes to ecosystem growth.