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AfriStakes launches platform to connect African SMEs with investors in Nigeria

AfriStakes has introduced a new capital platform in Nigeria designed to link African small- and medium-scale enterprises with a diverse range of investors. This initiative aims to address persistent funding gaps across the continent by improving capital allocation and bridging the disconnect between available funds, investment-ready businesses, and viable opportunities. Many African businesses face funding constraints due to structural barriers, despite capital availability. The platform allows businesses and investors to connect directly, with businesses listing funding needs and investors outlining their interests. Founder of AfriStakes, Henry Adebisi, stated that the platform tackles inefficiencies in the investment market by preparing businesses for investment and providing investors with clarity. AfriStakes addresses poor investment readiness among SMEs by offering a structured framework for presenting financial information and developing investment narratives. The platform also provides support services like due diligence and deal structuring. It facilitates capital inflow from local and international investors, including individuals, angel investors, and institutional players, supporting multiple funding pathways such as debt financing and equity investment. AfriStakes aims to promote transparency, inclusivity, and structured investment processes to drive economic growth across Africa.