Kazana Fund Announces Angel Syndicate for Early-stage Investments
In a crucial step toward its goal of democratizing access to money and networks for exceptional African founders and accelerating the growth of Africa’s digital economy, Kazana Fund has announced the opening of its angel syndicate.
The angel syndicate of Kazana Fund, an early-stage investor that seeks to collaborate with “great African startups,” seeks to address structural issues that founders in the area face, such as a lack of networks and access to money that prevents them from scaling.
“We want to create prosperity across the continent, starting in Ethiopia, through businesses and innovation. According to Hilina Zenebe, managing partner of Kazana Fund, “We started the angel syndicate because we identified the immediate need in the ecosystem for a platform that connects money with entrepreneurs.
Kazana is eager to collaborate with mission-driven early-stage African innovators who have a minimum viable product (MVP), some traction, and are seeking pre-seed or seed finance.
Startups can apply for funding here, and investors can join the investor network to view transactions that have been carefully screened.
