Seven join the business catalyst network

Seven Kenyan entrepreneurs have been selected to join the Endeavor Global Commercial Catalyst Network in what is expected to grow their fortunes.

The organization unveiled in Nairobi last week under the brand Endeavor Kenya seeks to support entrepreneurs and businesses They are selected in the inaugural lot: Grant Brooke of Twiga Foods, Wandia Gichuru of Vivo Activewear, Paul Mbugua of # 39; Eclectics International. , Bilha Ndirangu and Samuel Gikandi of Africa & # 39; s Talking as well as Ken Njoroge and Bolaji Akinboro of Cellulant.

Endeavor Kenya President and Managing Director of Britam Group Benson Wairegi said that the organization has created more than 700,000 jobs and generated more than 1 trillion shillings turnover, with 41.3 billion Sh in growth capital for the year 2016 alone, promising to push for more investment in Kenya.

Unemployment is very high among young Kenyans and we must generate more than 3.9 million new jobs for young people by 2020. Endeavor thinks that the real heroes of job creation and of economic growth are the small subset of entrepreneurs After unveiling the organization through its innovative Venture Capital Fund-Endeavor Catalyst venture capital fund, it announced its first investment in sub-Saharan Africa of Sh4.8 billion in Cellulant – a provider of digital payments. 19659007] Cellulant reaches 40 million people in 11 African countries and is led by two entrepreneurs under the mentorship of Ken Njoroge and Bolaji Akinboro.

"We are looking for, selecting and supporting these entrepreneurs to think big." As they grow, Endeavor entrepreneurs multiply their impact by inspiring, mentoring and mentoring. investing in those who follow them, "said Ms. Funga Mungai, executive director of Endeavor Kenya

thinks big and actualizes her vision and dreams.

" As they evolve , Endeavor Entrepreneurs multiplies their impact by inspiring, advising and investing in those who follow them, "said Ms. Mungai.

Since its launch in January 2012, Endeavor Catalyst has raised more than $ 100 million (Sh10 billion) in philanthropic capital donated and invested, and invested in 76 Endeavor companies in 21 markets.