Denis Opudo
The Baobab Network helps startups in Sub-Saharan Africa to access global markets. The startup also links startups to global investors and talents. The company has operated for the last two years in Accra, Nairobi, Kigali, and Lusaka. It also has consultants from various parts of the globe.
Recently, Baobab Network launched Baobab Ventures. This will assist African startups to scale their global portfolio. The move will begin in the United Kingdom (UK) market. Speaking to Tom Fairburn, the founder of Baobab Ventures, Fairburn said that the concept behind Baobab Ventures maintains simplicity.
Two Kenyan startups joined hands with the Baobab Network to form Baobab ventures. Usalama and UjuziKilimo as business partners will play different roles. UjuziKilimo will roll out its soil testing device while Usalama will launch its security walk in the UK.
The idea of launching baobab Ventures depended on the fact that the founder saw it worth to market African technologies. Besides, Fairburn said that he viewed it essential to market products that appeal to the international market. Fairburn also said that technology-enabled business implies that various lucrative opportunities of marketing the products are available internationally.
Fairburn also said that the company has shown commitment to ensure that African startups get value for their investment. Moreover, they have dedicated resources to help tech startups in Africa to access the global market users. Baobab Ventures will soon close their second round of funding.
Technology-enabled enterprises which will utilize Baobab platform may not incur many expenses for development.
