Aban: Spotlight on Angel investing in Africa

Spotlight on AfricaEBAN 2016 CONGRESS

ABAN is a pan-African non-profit association founded to support the development of early stage investor networks. ABAN began as a consortium of independent African Angel investing networks including Lagos Angels Network (LAN), Cameroon Angel Network (CAN), Cairo Angels, Ghana Angel Network (GAIN), Venture Capital for Africa (VC4Africa), Silicon Cape, DEMO Africa and the European Business Angel Network (EBAN).

ABAN’s mission is to help develop early stage investing in Africa by providing the support, networking opportunities and essential resources Africa’s Angel Investing Syndicates & Networks need to maximize their impact.

ABOUT ABAN

Spotlight on Africa

• The Changing Narrative• Development Trends• An Emerging Middle Class• A Booming Entrepreneurial Ecosystem• But…• Africa’s Pioneer Capital Gap• Why Angel Investing in Africa is Important!

The Changing Narrative

Development Trends

• Population growth

• Urbanization

• Enabling technology

• Energy leapfrog

• Private Sector Momentum

• Consumerism

• Climate change

• Commodity prices

• Migration

• Increasing global influence

• Chinese investments

• …....

• …....

• …....

• Rising middle class

An Emerging Middle Class

http://www.amethisfinance.com/about-amethis/africa/

A Booming Entrepreneurial Ecosystem

But…

Africa’s Pioneer Capital Gap• Entrepreneurs struggle to find startup funding

• Most serious investors only interested in later stage companies

• DFI’s, NGO’s provide larger amounts of capital, not the

fraction startup entrepreneurs usually need

• Investing in Africa from abroad is difficult, time consuming and expensive

• Startup entrepreneurs need more than funding alone

Angel Investing in Africa…• Nascent angel groups, syndicates & networks

• Local investors that can be scaled up with international funding

• Angels already participants in local economic development

• Smart capital, providing knowledge, network, mentoring

• Life savers when startups pass through the valley of death

• Huge potential social & economic impact (2015: USA $20B, Europe € 5B, Africa still negligible)

• Creating new jobs locally (and globally)

• Having fun all the way!

THANK YOU!

TOMI DAVIESPRESIDENT

We’d love to hear from you!

Web: abanangels.org

Twitter: @ABANangels

Facebook: African Business Angel Network (ABAN)

Linkedin: African Business Angel Network (ABAN)

Mail: secretariat@abanangels.org