The venture capital fund, Antler East Africa, based in Nairobi, has just raised 1.6 billion shillings (15 million USD) from institutional investors, including the International Finance Corporation (IFC). The objective is to invest in local and regional start-ups.

Antler East Africa claims to have invested 11.1 million shillings (100,000 USD) for a 20% stake in each company selected by its investment committee. IFC is set to invest a total of 222 million shillings (2 million USD) in Antler, which will raise the rest of the capital from other investors. We-Fi refers to the Women Entrepreneurs Finance Initiative which is designed to start and grow women-owned businesses. Based in Nairobi, Antler East Africa is a start-up generator and early-stage venture capital fund. The fund offers a unique model and a professional approach.