Ghana based platform providing access to the network of freelance management consultants in Africa, Africa Foresight Group (AFG) has announced on 4th August 2020, that it has secured a seed investment worth over USD 700K.

The round was led by GFH Holdings and Consonance Investment Managers. The start-up intends to use the funds to further expand across the continent.

Director of Consonance Investment Managers commented, “We therefore believe strongly in AFG’s vision of building the largest managed marketplace of freelance talent in Africa to bridge the talent gap. AFG ticked attributes we look out for, including a strong women-led management team solving critical problems in a scalable way and a three-year track record in their sector. We are proud to support their vision and journey.”

About the company

Started in the year 2016, AFG enables development partners, investment funds and leading companies to recruit teams to formulate the right strategic decision and achieve success, utilizing an online platform and machine learning to create a new model for consulting in Africa.

The company’s proprietary technology platform matches teams with open project opportunities, supports the invoicing and payment process and manages performance data, among others. Africa Foresight Group claims to have 140+ engagements since its incorporation and have 100+ consultants – “foresighters” – in its network.

Founder of AFG, Yasmin Kumi said, “It has been a journey of three years to get here and we are excited for what lies ahead. I am proud that a majority of our capital comes from Africa-based investors who believe in the importance of what we do with all their hearts. We are a business that can drive both significant impact for Africa’s private sector and financial return for our shareholders.”

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