Two new sector-specific angel investor networks are introduced by ABAN.

Two new sector-specific angel investor networks are introduced by ABAN.

ByTechTrends

Two new thematic angel networks have been introduced by the Africa Business Angel Network (ABAN) with the goal of assisting companies developing solutions for the continent’s smart cities and digital trade sectors. ABAN, which was founded in 2015, is the largest pan-African organization of angel investors. It represents more than 65 business angel organizations, totaling…

Co-investment fund launched by ABAN, AfriLabs to proceed after successful pilot

Co-investment fund launched by ABAN, AfriLabs to proceed after successful pilot

ByTechTrends

The co-investment fund Catalytic Africa, established in 2019 by the African Business Angels Network (ABAN) and AfriLabs, has concluded a successful pilot and will now launch full operations. The partnership between AfriLabs, a pan-African network of technology and innovation centres, and ABAN aims to increase the pool of capital available to promising African growth-stage entrepreneurs, support the startup…