Aban: Spotlight on Angel investing in Africa

  • View
    116

  • Download
    2

Embed Size (px)

Text of Aban: Spotlight on Angel investing in Africa

VC4Africa Master Template

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).

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

ABOUT ABAN

Spotlight on AfricaThe Changing NarrativeDevelopment TrendsAn Emerging Middle ClassA Booming Entrepreneurial EcosystemButAfricas Pioneer Capital GapWhy Angel Investing in Africa is Important!

The Changing Narrative

Development TrendsPopulation growth UrbanizationEnabling technologyEnergy leapfrogPrivate Sector MomentumConsumerismClimate changeCommodity prices MigrationIncreasing global influenceChinese investments............Rising middle class

An Emerging Middle Class

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

A Booming Entrepreneurial Ecosystem

But

Africas Pioneer Capital GapEntrepreneurs struggle to find startup funding

Most serious investors only interested in later stage companies DFIs, NGOs 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 AfricaNascent angel groups, syndicates & networksLocal investors that can be scaled up with international fundingAngels already participants in local economic developmentSmart capital, providing knowledge, network, mentoringLife savers when startups pass through the valley of deathHuge 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

Wed 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