Investment Time
TRUE LOVE Magazine East Africa|July 2017

88mph, mdundo.com, BeautyClick … Jesper Drescher is a man with the Midas touch. He tells ANDANJE WOBANDA about investing in Africa and how his business models work.

Andanje Wobanda
Investment Time

Jesper Drescher, a Danish businessman, began investing in Kenya four years ago. ‘I was in management consulting and spent 10 years building three different companies in Scandinavia. Eventually I sold them, exited and started focusing on investing, which is how I landed in Kenya in 2013.’

His first investment was with 88mph, an accelerator company that invests in start-ups in Africa. ‘It was through 88mph that I came to invest in mdundo.com, a music platform providing Africa with easy and affordable access to music.’

So how did he branch out into the African hair industry?

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