S1 05
Episode 5. Building Investable Companies in African Markets | Raisin Capital

Episode info

In this episode of Voices & Visions, Ivana Heijnen speaks with Francis Nasyomba, CEO and Principal at Raisin Capital & Investments and founder of Capital Connect, bringing a unique perspective from the intersection of fundraising, investment advisory, and African capital market development.

The conversation explores what makes businesses investable, how investors assess risk, and the realities of capital deployment across African markets.

The episode covers:
What investors actually look for when evaluating businesses
The difference between capital readiness and capital access
Common fundraising mistakes founders make
Debt, equity, governance, and deal structuring
Local versus international capital and the Africa risk premium
The role of African institutional capital in market development
Why sustainable SMEs matter as much as high-growth startups
The future of African-led capital formation.

A practical conversation on fundraising, investor decision-making, and building businesses that can attract and sustain capital.

Produced by Tutto Passa Agency, in partnership with TechCabal.

FRancis Nasyomba

Francis Nasyomba is CEO and Principal at Raisin Capital & Investments, a Nairobi-based capital raising and investment advisory firm supporting African businesses with fundraising, transaction structuring, investor readiness, and access to capital. He is also the founder of Capital Connect, a platform connecting businesses with investors across African markets.

With more than 15 years of experience in corporate finance, private equity, investment advisory, and capital markets, Francis brings a unique perspective on how capital is deployed, how investors assess risk, and what makes businesses investable. His work sits at the intersection of founder readiness, investor decision-making, and African capital market development.

Francis is a CFA charterholder, CPA, and serves as President of CFA Society East Africa, where he contributes to conversations around capital formation, governance, and the long-term development of African financial markets.

 

Raisin Capital: https://raisin.co.ke/
Francis Nasyomba (LinkedIn): linkedin.com/in/francis-nasyomba-cfa/?skipRedirect=true

Top Shorts#

Capital, Trust and Investability
00:00
Inside African Fundraising
01:03
The Problem Behind the Capital Gap
05:06
The Four Hurdles to Investment
07:54
Gender, Risk and Entrepreneurial Confidence
12:52
Ownership Isn't Control
21:52
Building Businesses That Outlive Founders
27:31
Why Great Products Don't Automatically Scale
34:16
Making Capital Markets More Efficient
36:32
The State of African Capital
41:13
Beyond the Unicorn Narrative
43:52
Beyond the Unicorn Narrative
46:38
Why Founders Need More Than Money
52:13
The Case for African-Led Capital Formation
56:11
Kenya's Untapped Potential
59:11