eVA Fund invests in Pesapal

admin — Tue, 29 Jun 2010 20:42:28 +0000

Today eVA Fund and Agosta Liko (CEO) reached an agreement for the investment of eVA Fund in his company PesaPal.

PesaPal is a service that will help you to buy goods and services on the internet safely using your mobile money account. PesaPal verifies all merchants and ensures that goods and services sold are delivered to the buyer.

Agosta Liko: “We are happy to have eVA Fund on board and are confident that we will benefit from their hands on approach, web experience and Africa focus. They will help us to grow the business.”

eVA Fund invests in Verviant

admin — Tue, 29 Jun 2010 09:35:21 +0000

Today eVA Fund reached an agreement with CEO Mark Mwongela for the investment of eVA Fund in Verviant.

Verviant is a world-class information technology company, offering low cost offshore design en software services for web and mobile. Verviant has also developed mobile payment platform PesaPal.

eVA Fund closes investment deal with Jumuika

admin — Wed, 26 May 2010 14:46:11 +0000

Today eVA Fund finalized the participation in Kenyan based mobile marketing company Jumuika.

Jumuika is a service that pays consumers each time they receive targeted SMS ads on their mobile phone. Jumuika started in Kenya, but also will be launched in Uganda and Tanzania.

eVA Fund closes deal with Ratio Magazine

admin — Mon, 01 Mar 2010 14:57:02 +0000

eVA Fund and publisher Andrea Bohnstedt are announcing an investment deal of eVA Fund in Ratio Magazine. Andrea Bohnstedt has worked for Global Insight, one of the largest international country intelligence providers, for three years as Africa analyst, writing country backgrounds, news commentary, forecasts, and country risk analysis. During this time, she has also been interviewed regularly by mainstream media like BBC, ITN, Bloomberg, and others. After leaving Global Insight, Andrea has written on business, economic and political issues for, amongst others, Dun and Bradstreet, African Business, Africa Investor, Afrika-Wirtschaft, Control Risks, and Oxford Analytica. Today she runs Ratio Magazine, the leading online business magazine on Africa. Andrea Bohnstedt also acts as local representative for eVA Fund in Kenya.

Ratio Magazine aims to:

Provide information of the east African business and economic environment, highlighting both opportunities and risks.
Provide structured analysis to support informed risk management;
With a clear market and private sector focus, discuss the roles and responsibilities, but also limits, of government to create a supportive environment for responsible business.
Situate East Africa in the wider dynamics of economic development in sub-Saharan Africa and globally to support the region’s integration into the global economy and the pursuit of global best practices.

eVA Fund invests in Explainer DC Ghana

admin — Sun, 24 Jan 2010 23:11:12 +0000

The first eVA Fund investment is a fact: Explainer DC Ghana. Explainer DC is the leading web development company in Ghana and has established itself as the reliable provider of large-scale, complex internet solutions. The Explainer DC team of professionals has created professional web presences for their clients and they continue to introduce the benefits of internet technology to Ghanaian organisations.

Over the years ExplainerDC has attracted a wide range of clients and offered them very diverse services and solutions. The wide scope of skills and expertise of Explainer DC has enabled them to create marketing websites, online business solutions, and intranet solutions for managing defined workflows.

Kouwenhoven and Hirman launch eVA Fund

admin — Fri, 22 Jan 2010 18:24:58 +0000

Vincent Kouwenhoven and Brian Hirman from the Netherlands have recently launched eVentures Africa Fund (eVA Fund): an investment fund for digital media and e-business companies in Africa. eVA Fund will first focus on investments in the sub-Saharan African countries.

Kouwenhoven is founder and owner of the Dutch venture capital firm eVentures Europe and Hirman recently resigned as CEO of Isobar Netherlands (Isobar is the world’s largest full service digital agency network) and is now founder and owner of Forventures, a Dutch incubator of digital business ideas.

The first investment of eVA Fund is in the full service digital agency Explainer DC in Ghana. eVA Fund is currently investigating possible other investment opportunities in Ghana, Kenya and Uganda.

Vincent Kouwenhoven: “It’s now time to invest in digital Africa. The penetration of (mobile) Internet is increasing rapidly. Furthermore a lot of enthusiastic and highly skilled young IT entrepreneurs are eager to start new digital businesses, but lack the right support and financial possibilities for growth.”

Brian Hirman: “I am convinced that there are major opportunities in Africa with regards to digital media and e-business. I have almost 20 years of experience in the international digital media and marketing business and I am excited to share this experience with talented African digital entrepreneurs.”