By Dana Sanchez
Chinedu Enekwe wants to change the world, but he actually has a plan.
It involves venture capital — changing the hands that hold the funds, changing the fund managers, and changing the locations where those funds are invested.
Born in the U.S. to Nigerian parents, Enekwe co-founded an accelerator in 2014 — Tiphub Africa — that invests in the African diaspora and Africa. That effort gave rise to a newer endeavor, Affiniti Ventures.
Even if Black people only have 2 percent of the wealth, that’s 6,000 Black active investors that no one has a list of, that no one knows.” — — Chinedu Enekwe, partner and developer at Affiniti Ventures
Enekwe moved to Africa twice, managing a fund and working as an investment banker there. Now he’s based in Washington, D.C., along with Tiphub and Affiniti.
Chinedu Enekwe talks to Moguldom about why African Americans should care about Trump’s crackdown on immigration, and his ambitions to build a family of funds at Affiniti VC.
What sets us apart is our ambitions. We’re not coming for the crumbs. We’re going to take the whole table.” — Chinedu Enekwe, partner and developer at Affiniti Ventures
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