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7 Best Angel Investors Funding African Startups - Business - Nairaland

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Venture Capitalist And Angel Investors Which Is The Best / Angel Investors Needed / Top African Startups To Look Out For In 2017??? (2) (3) (4)

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7 Best Angel Investors Funding African Startups by 2mNaira: 2:41pm On Nov 03, 2016
7 of the Best Angel Investors Funding African Startups offering a supportive community for startups, Africa has become a hub for entrepreneurs to launch their businesses. In fact, the number of startups created in the past five years has exceeded the quantity just five years prior. Individuals looking to start their business here should mull over the following list of angel investors, who are eager to fund enterprises.

Angel Investment Network

Located in South Africa, the Angel Investment Network is comprised of domestic and international investors. More than 114,000 investors have joined the network since its inception and nearly 498,000 entrepreneurs have benefitted from their support. The organization, which has in excess of 612,000 registered members, has raised 4 billion rand, which equates to over $263 million in US currency. Offering more value to entrepreneurs, the Angel Investment Network launched AIN Labs. A startup accelerator, the program provides an environment that helps new businesses excel. Those accepted into the program become a part of an entrepreneurial community that receives mentorship and office space, as well as access to investors to fund their ideas.

Adlevo Capital

A Mauritius private equity firm investing in technology ventures, Adlevo Capital works with portfolio companies to support sub-Saharan African businesses. The firm evaluates investments on market opportunity, solid management, and business growth based on consumerism. Additionally, Adlevo Capital considers social impact. Startups demonstrating care of community health, integration into the global economy, poverty reduction, environmentalism, and special skills development improve their chance in receiving financial backing. In recent years, the firm has made second round investment in Rancard, a mobile content discovery software provider, and led investments in SOLO, a Nigerian venture targeting emerging markets with digital content and smartphone devices.

Invenfin Venture Capital

Invenfin Venture Capital, a subsidiary of Remgro (Pty) Ltd, supports the commercialization of intellectual property. The firm offers startup capital that helps business owners scale their products and services internationally. Investment periods range from one to three years. For a minority stake of up to 49 percent in a company, a venture gains access to the capital as well as marketing, branding, product development, global distribution, and legal services. This is made possible by its collaboration with Remgro. Presently, the venture capitalist focuses its efforts in the technology and food and beverage industries. The firm has made technology investments in Ad Dynamo, HealthQ, Le Bonbon, and Orso by PressureRite. Its food and beverage division, InvenfinFoods, considers early stage and established businesses for financial backing. An ideal company has an interesting story to go along with a flavorful product.

East Africa Capital Partners

Overseeing ATMT Fund 1, LLC, which is made up of $100 million used to back information and communications technology (ICT) investments, East Africa Capital Partners supports ventures that offer a solution for infrastructure blockages. The firm’s portfolio includes East African media and technology companies as well as telecommunications ventures. Among the companies are Zuku, the Wananchi Group, and SimbaNET, a fiber and data service provider catering to corporate customers in Tanzania and Kenya. Lion Cable Television Network and Kenya’s Trucking Systems also receive support from East Africa Capital Partners.

Africa Media Ventures Fund

Africa Media Ventures Fund is supported by veteran entrepreneurs. Primarily funding startups in Kenya and Ghana, the organization and its investors extend financial support and services to ventures throughout sub-Saharan Africa. Africa Media Ventures Fund offers up to $200,000 in backing and has contributed to the success of Paygate Ltd, Shimba Technologies, and Explainer DC. It looks for promising businesses in the media and information sectors that heavily utilize online and mobile applications to reach consumers. Companies, both early- and late-stage startups, must demonstrate the ability to earn revenue and add value in a specific area as well as replicate its model in other countries. Further, the firm requires ventures to have a clear exit strategy. This information must be outlined in a comprehensive business plan.

eVentures Africa Fund

Also known as the eVA Fund, eVentures Africa Fund concentrates on small and medium size enterprises (SMEs) that tackle digital media. A thriving sector, digital media consists of broadband and mobile Internet access for the purpose of content delivery, communication, and business transactions. The fund, founded in 2010 by Brian Hirman and Vincent Kouwenhoven, leverages experience and investments from Europe and the Netherlands to help African ventures solidify business models, thus creating job and income opportunities in the sub-Saharan. The success of the enterprises also increases financial returns for investors. Eligible applicants must seek up to $1 million in funding and have been in business for a minimum of two years, but no more than five. E-commerce businesses, solution providers, and companies promoting an Internet or mobile application are considered.

TBL Mirror Fund

Also focused on SMEs is the TBL Mirror Fund. Partnering with international investors with backgrounds leading large multinational organizations, the fund supports businesses in growth markets. It upholds “the mirror principle,” which involves a hands-on approach by investors to help entrepreneurs establish and reach business goals as well as integrate best practices in corporate governance. Additionally, the fund holds sustainability in high regard, ensuring all investments maintain environmental, social, and governance integrity. The TBL Mirror Fund does not focus on a specific industry, but history has indicated success in consumer goods, ICT, and health care. Presently, it supports enterprises such as Cellulant Limited and Highlands Mineral Water Limited.

Source:https://ceciliaibru./2016/04/05/7-of-the-best-angel-investors-funding-african-startups/

cc:lalasticlala
Re: 7 Best Angel Investors Funding African Startups by joinnow: 9:41am On Nov 04, 2016
No angel investor for Nigeria
See as dey fall my hand

1 Like

Re: 7 Best Angel Investors Funding African Startups by businessguide: 4:57pm On Jul 21, 2018
Visit www.businessguide.com.ng to view a comprehensive list of angel investors in Nigeria.
Re: 7 Best Angel Investors Funding African Startups by sabigros: 1:51pm On Jan 06, 2019
Re: 7 Best Angel Investors Funding African Startups by Skoolite: 11:01am On Jan 14, 2019
Meet and interact with professional Angel investors.
Click here www.prosbot.com
Re: 7 Best Angel Investors Funding African Startups by Falisto: 1:27am On Jan 24, 2019
Visit www.prosbot.com to meet professional angel investors.
Re: 7 Best Angel Investors Funding African Startups by PatrickOkunima(m): 12:03pm On Feb 14, 2019
Those are not angel investors, but venture capitalists.
Re: 7 Best Angel Investors Funding African Startups by businessguide: 8:13am On Jul 28, 2019
Re: 7 Best Angel Investors Funding African Startups by EXPORTFINANCE: 1:17pm On Jan 31, 2020
Investor needed to execute an export contract ...lets talk!..08077881934 whatsapp
Re: 7 Best Angel Investors Funding African Startups by Raahym(m): 6:59pm On Jun 18, 2020
Good day All,

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Re: 7 Best Angel Investors Funding African Startups by businessguide: 2:54am On Dec 25, 2020
Businessguide

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