Cherchez la femme! The old French saying also applies when it comes to Johnni Kjelsgaard, founder and director of GrowthAfrica. Because it was a woman, Patricia Jumi, who got him to Africa and made him stay. Today they run a very successful business, GrowthAfrica in Nairobi. GrowthAfrica is no longer in a partnership with MYC4 [...]
Posts Tagged ‘Growth Africa’
What love can lead to
Posted in News from Africa, tagged Africa, Growth Africa, investments, Kenya on November 23, 2011 | 5 Comments »
Your whole business in a file cabinet
Posted in Borrower Testimonials, tagged Kenya, Nairobi, Growth Africa, MYC4, medicine, pharmaceuticals, testimonial, Sofben Ethicals on November 14, 2011 | Leave a Comment »
What do you get when you put together a woman whose education is in computers and a man who’s into electronics? You get a pharmaceutical business! Anyway, that’s what happened when John and Hilda Wanjohi joined forces and created Sofben Ethicals. I visit Sofben Ethicals in its tiny office downtown Nairobi. It’s Mrs. Wanjohi who [...]
Micro Africa takes over Growth Africa’s portfolio
Posted in News from Africa, tagged Kenya, Growth Africa, Micro Africa Ltd, MYC4, Handover, exit strategy, transition on November 7, 2011 | 1 Comment »
Following the decision by Growth Africa to exit the lending business, a handover agreement has been made with Micro Africa to take over the management of Growth Africa’s loan portfolio. The two institutions, who are based in the same office building in Nairobi, have been working closely together over the last three months to ensure [...]
Update on Growth Africa
Posted in News from Africa, tagged Kenya, Growth Africa, MYC4, loan portfolio, exit strategy, business development services, SMEs on October 31, 2011 | 6 Comments »
It’s been a while since we last had open loans from Growth Africa on the MYC4 platform. So what have they been up to in the last couple of months? Growth Africa has been busy re-strategising. “We have been asking ourselves if what we do for our entrepreneurs is enough”, CEO Johnni Kjelsgaard explains. “What [...]
