Equity for Africa raises capital to invest profitably in small businesses and has built the infrastructure to manage the investments. It enables local people to improve their livelihoods by creating sustainable employment.

July 2007
June newsletter is now out. Please email mtimmerman@equityforafrica.org for a copy.

July 2007
Mr Nyirenda has repaid his investment three months early. Equity for Africa invested £3,000 in a vibrating machine to clean the cereals before milling. This has created two new full-time jobs. Mr Nyirenda buys the cereals mostly from other parts of Tanzania, mills them and then sells the packaged flour to the local market. He uses the maize bran, a byproduct of the milling process, and sells it as animal feed. Now the money has been repaid, the machine is Mr Nyirenda's, sustainable jobs have been created and Equity for Africa will reinvest the capital in equipment for new businesses.