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Press Release: Level Africa’s Mission to Ease Access to African Capital Markets Gains Momentum from New Investment

By Renew Capital Marketing and Communications Team | Mon Feb 19 2024
Ugandan company provides an efficient way to invest in Africa’s capital markets
KAMPALA, Uganda, February 19, 2024
— The journey to invest in bonds, stocks and other financial instruments available through capital markets across Africa has long been fraught with challenges such as complex paperwork and unreliable brokers. Level Africa is working to change this narrative. As a regulated fintech innovator, Level Africa streamlines the investment process, enabling quick and easy access to bonds, stocks and other financial instruments from a smartphone or laptop in just five minutes.
"Many see investing in Africa’s capital markets as a domain for the wealthy, encumbered by slow and costly procedures," says Abraham Banaddawa, Co-Founder of Level Africa. "We're changing that. Our platform is not just fast and secure— it's also user-friendly, welcoming retail investors from Africa and across the world."
The platform's straightforward approach is reshaping how investments are made in African markets, offering an easy entry point for both experienced investors and newcomers.
Renew Capital's recent investment in Level Africa highlights the platform's growing significance in the African investment sector. Renew Capital, known for backing driven and innovative entrepreneurs in Africa, recognizes Level Africa's role in making investment more inclusive.
"Supporting Level Africa aligns with our goal of empowering impactful companies," Diana Njuguna, Senior Investment Manager for Renew Capital in Uganda, observes. "We envision a shift in how the world engages with Africa, from a perspective of giving to one of investing. Level Africa is supporting the transformation in how people invest in Africa, and that's a mission we stand firmly behind."
*Ecosystem activation, pipeline development and capacity-building support provided to Renew Capital portfolio companies is generously supported by Global Affairs Canada.
Renew Capital is an Africa-focused impact investment firm that backs innovative companies with high-growth potential. Renew Capital manages investments made on behalf of the Renew Capital Angels, a global network of angel investors, foundations and family offices who seek financial returns and sustainable social impact. For the latest on investing in Africa, subscribe and follow us at our social links below.

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