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ABAN: The African Trade Association for Business Angels, Seed Funds and Early Stage Market Players
“Unlocking capital for early stage innovation"
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
Bankruptors in Africa
Tomi Davies President ABAN
Partnerships & Uncommon Alliances: Are Banks Really Thinking More Like Disruptors?
African Business Angels Network
Telcos becoming banks (MPesa) and banks becoming Telcos (FNB Connect). Africa is leading bank/telco convergence.
In South Africa and Nigeria, banks want to be phone companies–in Kenya, the phone company is already the bank
New Connections…Behaviours….Opportunities
Innovative payment solutions that are changing the way people transact
The future of payments is contactless and biometric
Actionable Innovation focused on consumers
Africa’s big banks are betting on fintech startups and bitcoin to beat disruption.
A digital economy based on blockchain and bitcoin could hold African leaders to a new level of accountability.
Genuinely New, but Is it Useful?
Serve, Delight & Surprise!
Delighting customers requires continuous services innovation.
Offering first-class convenience, continous access and multiple channels for transactions.
Stronger Relationships A Must!
Institutional and Corpoarte world need the new Consumer Aggregators
Regulators, Competitors, Suppliers and Customers voices must all be heard.
The Life, Banking, Retail Fusion
Insurance, Investment, Transaction, Profits rolled into one offer tailored to each customers needs.
Conclusion
Disruption is hard, maintaining the status quo is not any easier.
Digital is here, internet access is a utility and mobility is the new way of life.
Thank You! Harry ’Tomi Davies President, African Business Angels Network (ABAN)
www.abanangels.org [email protected]