(Business in Cameroon) - As part of its expansion plan, the Cameroonian start-up Kiro’o Games, creator of the very first video game made in Cameroon, also sponsor of the first video game studio in Central Africa, announced the launch of a mentoring service dedicated to sharing with francophone African start-ups, its experience in terms of fundraising.
“Despite the wave of ‘philosophical’ support for entrepreneurship on the continent, sponsors of projects in francophone Africa do not find financing. Kiro’o Games therefore decided to share its fundraising secret with all those rejected by classical financial systems (particularly banks)”, specified the Cameroonian start-up in an official press release published on 5 June 2017.
Labelled Kiro’o Rebuntu, this new service from Kiro’o Games, we learned, “will take the form of online mentoring in a first stage, before turning into a more important fintech project (technology finance)”, whispers a source inside Kiro’o Games.
As a reminder, from 2013 to 2015, Kiro’o Games managed to raise FCfa 130 million from several international investors, by inventing its own fundraising method. This is the reason for which the studio wants to mentor 10,000 other project sponsors in Africa, by sharing its experience gathered over 13 years.
BRM