Browsing: Angel Investors

Angel Fair Africa - The Exchange

Forty-three leading global investors from Africa, Europe, the US, and the Middle East have signed up to participate virtually in the 8th Angel Fair Africa on 5th November 2020.

The investors are from Angel Africa List (AAL), Africa Venture Capital and Private Equity Association (AVCA), America Capital Association (ACA), Women-In-Capital (WIC), Viktoria Business Angel Network, Brightmore Capital, amongst others. Anime Partners and MSM Property Fund are supporting the investor participation.

The ten selected ventures to pitch to these investors have gone through our one-month Africa Virtual Accelerator (AVA) @ https://www.africavirtualaccelerator.com/in.php. They are, ShopMeAway led by Racine Carr; Kalpay led by Ibrahima Kane; AgroInnova led by Amos Narh; Adi&Bolga led by Abimbola Oladeji; Kladika led by Muthoni Mwangi; Gift Pesa led by Pamela Muriuki; Ejoobi led by Simangele Mphahlele; Kweza led by Ropafadzo Musvaire, Afrijob Network led by Harriet Kariuki and Curacel led by Henry Mascot. Their participation …

In this column called “The Indicator,” we will be taking an economic or financial statistic from East Africa and breaking it down into bite-sized nuggets of knowledge for investors.

This month’s indicator figure is 63

63 what?

There are exactly 63 investors focused on early stage, seed, or “angel” investing in the East African Community (EAC) countries according to Angel List, a global platform for start-up investing that seeks to “democratize the investment process and to help start-ups with their challenges in fundraising and talent”.

What is an angel investor and what do they seek to invest into?

An angel investor is a term for typically a wealthy individual who invests in a start-up, early stage, seed stage, at the new company level,or in relatively new companies that are looking for a higherreturn on the higher risk of business start-ups.

In East Africa, angel investors typically invest anywhere from US$1,000…