We are thrilled to announce and extend our warmest congratulations to COREangels MEA for joining the esteemed ranks of the Africa Business Angel Network (ABAN). This significant milestone marks a pivotal moment in both COREangels MEA’s journey and ABAN’s continued efforts to expand its network across the continent.
COREangels MEA’s inclusion in ABAN underscores the growing momentum and vibrancy of the angel investing ecosystem in Egypt and the broader African region. As a prominent player in Egypt’s startup and investment landscape, Core Angels Egypt brings a wealth of experience, expertise, and a robust network that will undoubtedly enrich ABAN’s collective efforts in fostering entrepreneurship and driving economic growth across Africa.
COREangels MEA, a collaborative venture between COREangels International and PTS Investments Holdings, stands as a transformative angels portfolio fund connecting business angels with ambitious entrepreneurs eager to unlock prosperity in the Middle East and Africa. Our primary focus is on nurturing tech start-ups whether they are entrepreneurs coming from the region or seeking to expand their ventures throughout the MEA region via the Venture Studio-backed ecosystem, providing not only seed funding but also hands-on guidance from seasoned leaders.
This unique approach creates a dynamic funnel, accelerating growth while mitigating risks for angel investors through the network’s Venture Studio Backed Model. The strategic partnership aims to foster a resilient ecosystem for business angels and entrepreneurs, seeking opportunities in tech innovations. Jointly, COREangels strives to support a portfolio of Venture Studio-backed startups during the Pre-Seed and Seed stages, fostering resilient entrepreneurs and sustainable seed funding for development, growth, commercialization, and scalability across the Middle East and Africa.
What is COREangels MEA looking for now that they are part of ABAN?
Access to a Diverse Pool of Angel Investors: ABAN boasts a large and diverse database of angel investors across Africa. By joining ABAN, the network anticipates gaining access to this network, which will allow it to connect with potential co-investors who share our passion for supporting innovative startups in the region.
Enhanced Deal Flow: As a member of ABAN, COREangels MEA looks forward to receiving high-quality deal flow
referrals from both ABAN itself and other ABAN network members. According to the network’s Managing partner Maha Mandour, this increased deal flow will enable them to identify promising investment opportunities more efficiently and effectively.
Collaborative Co-Investment Opportunities: Through COREangels MEA’s partnership with ABAN, the network aims to collaborate on co-investment opportunities with other angel investors and syndicates within the network. By pooling resources and expertise, we can maximize our impact and support the growth of startups in Africa.
At ABAN, we believe in the power of collaboration and partnership to unlock the full potential of Africa’s entrepreneurial ecosystem. Welcome to the ABAN family, COREangels MEA!
