Kenyan VC firm FrontEnd Ventures unveils fund to back local founders

After spending years in London, matching Kenyans in the diaspora with investment opportunities back home, and later on as a credit portfolio manager at Barclays bank, Njeri Muhia sought a greater challenge within Africa.
Already aware of the growing startup ecosystem in the continent and the funding gaps that local founders face, she teamed up with Steven Wamathai who has vast experience in the investment management industry, to start an early-stage venture capital firm, FrontEnd Ventures, which focuses on Kenyan startups and is backed by a $5 million fund — likely to extend to $10 milli

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