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Press Release: Renew Capital Announces New Board Member

By Renew Capital Marketing and Communications Team | Wed May 15 2024
Investing in early-stage startups in Africa.
CHARLOTTESVILLE, VIRGINIA, USA, May 15, 2024 — Renew Capital, a pan-African early-stage investment firm, is thrilled to announce that Jonathan Baker has joined its board. Jonathan Baker brings a wealth of experience to the board with over 20 years of angel investing, including a decade focused on African markets. His deep understanding of the investment landscape and his significant contributions as one of the firm’s major investors make him an invaluable asset to the Renew Capital team. This strategic addition underscores Renew Capital's commitment to connecting investors with some of the most promising entrepreneurs across Africa.
Laura Davis, Managing Partner and co-founder of Renew Capital remarked, "Jonathan’s extensive African travel and his hands-on approach with our team and projects in Africa have been instrumental in shaping our operations. His commitment to transforming investment perceptions about Africa from aid to enterprise is what makes him the perfect fit for our board."
Matthew Davis, also Managing Partner and co-founder of Renew Capital, added, "It’s refreshing to witness Western investors like Jonathan who see the potential of Africa’s young, driven population. His perspective aligns with our vision of a self-sustaining, innovative African economy powered by local entrepreneurs and funded by investors seeking a financial return."
Jonathan Baker expressed his enthusiasm, "Joining Renew Capital's board is a privilege and an exciting opportunity to contribute to its vision: changing the way the West sees Africa, from giving to investing. Africa is crafting a dynamic economic narrative that the West will admire and learn from for decades. I look forward to being part of this transformative journey."
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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