Sometimes connections can come in the most unlikely of places and lead to unexpected and surprising results. These are the stories that are the most encouraging and affirming of the work we do at LDI Africa. Recently, LDI Africa received news that one of the finalists of the EIFP program, Winston Reid, had left his job in New York and moved to Morocco to join an exciting new venture supporting African startups. This all had happened after meeting Kenza Lahlou during the EIFP application process and staying touch.
Although neither Kenza nor Winston went on to complete the fellowship, they continued to believe in the future prosperity of the continent and the need to work towards its realization. Kenza returned to Morocco to launch OUTLIERZ, which provides smart capital to African startups anywhere on the continent and invited Winston to join her. He now serves as OUTLIERZ’s Director of Portfolio Management, where they oversee investments from $50,000 to $200,000 to innovative entrepreneurs across Africa.
OUTLIERZ has the support of some of the world’s most prestigious angel investors and venture capitalists and is dedicated to providing financial support, technical assistance, and access to a world-class network of mentors and investors. “The target outcome will be a stronger pool of high potential startups that are ready for subsequent investment and, in the end, lead to success stories that are uniquely African,” explains founding partner and manager Kenza Lahlou to Disrupt Africa.
While providing emerging African businesses with top global professionals and industry experts is primary, the LDI Africa mission is also to foster connection and collaboration between those who have the interest of developing African business at heart, and encourage new and innovative avenues for development.
Either as global professionals lending their expertise and acumen to African business, entrepreneurs and investors working directly on the continent, or social entrepreneurs serving local communities with much needed resources and skills, LDI Africa welcomes and celebrates all those who contribute to our common goal of social and economic prosperity in Africa. We congratulate OUTLIERZ and look forward to working with Winston, Kenza, and OUTLIERZ as a partner, collaborator, and tribe member.
LDI Africa is currently accepting applications for our 2018 Emerging Institutions Fellowship Program (EIFP). The program supplements financial capital investments in Africa with top tier global human capital talent. Our fellowship program has engaged numerous business leaders in direct service at host organizations such as Emerging Cooking Solutions in Zambia, One Acre Fund in Malawi, and Rocket Internet in Nigeria. Fellows tend to be mid-to-senior level professionals with up to 10 years transferable experience in business management, finance, social enterprise, technology, and international development.
The application deadline is fast approaching! Apply now at https://www.ldiafrica.org/ by November 15, 2017.