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Spotlight on Africa EBAN 2016 CONGRESS

Aban: Spotlight on Angel investing in Africa

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Page 1: Aban: Spotlight on Angel investing in Africa

Spotlight on AfricaEBAN 2016 CONGRESS

Page 2: Aban: Spotlight on Angel investing in Africa

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

Page 3: Aban: Spotlight on Angel investing in Africa

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!

Page 4: Aban: Spotlight on Angel investing in Africa

The Changing Narrative

Page 5: Aban: Spotlight on Angel investing in Africa

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

Page 6: Aban: Spotlight on Angel investing in Africa

An Emerging Middle Class

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

Page 7: Aban: Spotlight on Angel investing in Africa

A Booming Entrepreneurial Ecosystem

Page 8: Aban: Spotlight on Angel investing in Africa

But…

Page 9: Aban: Spotlight on Angel investing in Africa

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

Page 10: Aban: Spotlight on Angel investing in Africa

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!

Page 11: Aban: Spotlight on Angel investing in Africa

THANK YOU!

TOMI DAVIESPRESIDENT

Page 12: Aban: Spotlight on Angel investing in Africa

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: [email protected]