Finance
Jacana Or The African Risk Revolution
December 2009 | Corporate Financing AnalysisThe collapse in the global volume of funds raised by the venture capital (VC) industry bears witness to the recession's dramatic impact on risk-seeking behaviour. But it seems that the crisis has not dented the risk appetite of all VC players; rather, it is prompting a redefinition of VC. One aspect of this redefinition is the accelerated growth of the social venture capital sector in the last eighteen months, which Jacana Venture Partnership exemplifies. CFW uncovers the complex rationale behind its investments, which are concentrated on African venture capital managers (VCMs).
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