While organised Angel Investing continues to grow in Africa, it remains in a nascent stage in most countries across the continent. This study will explore the types of knowledge, skills gaps and structural challenges facing the groups that inhibit growth and maturation.
In parallel to this survey we also have a second survey specifically targeting managers and leaders of Angel networks and investor groups. This survey focuses on developing a better understand of the management structures, operating models, investment processes and deal activity of Angel Investor networks across Africa
PROGRESS SO FAR
Research activities began in October 2017 with a series of in-depth interviews with angel group/network managers and founders, supplemented by a survey. Some of the initial findings were shared during a Roundtable hosted by infoDev and ABAN at the African Angel Investors Summit in South Africa in November 2017.
Angel networks and groups that participated in the interview round included: Renew (Ethiopia), Cairo Angels (Egypt), Lagos Angels Network (Nigeria), 237 Angels (Cameroon), MITC (Morocco), Ivoire Angel (Ivory Coast), Kampala Angel Investor Network (Uganda), Intelligent Capital [formerly GAIN] (Ghana), Lunga Capital (Uganda), WIC (Women's Investment Club, Senegal), Carthage Business Angels (Tunisia), Viktoria Business Angels Network (Kenya), Jozi Angels (South Africa), and Angel Hub Ventures (South Africa).
WHAT WE AIM TO ACHIEVE
We look to support the African Angel Investor community with a robust understanding of the early-stage landscape, and a pragmatic comprehension of Angel Network success factors.
The ABAN Team looks forward to your support in this important endeavour.