Funding for Africa's Best Ideas: Afrifunding aiming to close equity gap for Africa based businesses.

Oct. 23, 2008 - PRLog -- Darrell Hill Limited continues to work to increase relationships between global investors and African entrepreneurs.

Today, the online publishing start up adds another “afrocentric” online driven service to its portfolio. www.afrifunding.com is an online platform where entrepreneurs who have plans for starting or expanding a business, in Africa meet with global investors who want to invest in Africa.

The service acts as the “meeting point”, essentially allowing entrepreneurs who want to build up a business in Africa to showcase a brief synopsis of their business or business ideas in order to seek contact with potential global investors who could bring investment and expertise.

Afrifunding is aiming to provide a service whereby private investors from around the world and entrepreneurs with focus on Africa can connect online more easily.

The online service, which has just been launched, has already registered investors through “Africa Business Angels Network” with substantial amount of capital available and ready for investment into the right innovative business ideas in Africa.

Hillary Obomighie, Director of Business Development in Darrell-Hill claims that Afrifunding is the first “afrocentric” investor –entrepreneur matching service on the Internet.

He further elaborated: “Afrifunding is simple and cost-effective. It links people seeking finance for an investment in Africa with those who want to invest in businesses in Africa. Afrifunding offers both entrepreneurs and investors a solution to their investment needs, and is the first global afrocentric service”.

In addition to providing an “entrepreneur – investor” matching service, afrifunding will be used as a deal finding and management tool by “Africa Business Angels Network – www.africaban.com”

Entrepreneurs are able to log onto www.afrifunding.com and upload a summary of their business concept and complete plan for free. Private investors are able to view business summary and can request a more detailed business plan for a subscription fee of $99 for a whole one year.

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Our primary aim is to contribute to the economic development of Africa by connecting customers, entrepreneurs, business intermediaries and marketplaces within the B2B and B2C arenas that have special interests in Africa.

Afrifunding.com was designed and created in reaction to an increasing demand from investors seeking opportunities to review and invest in Africa being an emerging market.

Afrifunding and AfricaBAN are trademarks of Darrell Hill Limited.

Darrell Hill Limited is registered in London as a private limited company. Company registration number 06549423. Registration address of 2nd Floor, 145-157 ST JOHN STREET, LONDON, EC1V 4PY