It is still early days for angel investing in Africa. Capital deployed is small compared to other parts of the world and the number of deals getting done are in the tens every month and not in the hundreds or thousands. At the same time we can only get excited when we see that the number of angel groups, networks and initiatives has grown from a handful of networks when ABAN started two years ago to over 50 today. Now most of these networks have not made investments yet and some probably never will but the point here is that angel investing – deploying smart capital to help entrepreneurs start and grow their companies – has become part of our every day vocabulary. And we are just starting.
So who are these pioneering network who fund and support the next generation of African leaders? The following overview is a ‘live’ document constantly being updated. To add your network please contact the ABAN team via: secretariat@abanangels.org.
The following is an overview of African Angel Investor Groups, informal investor networks and investor initiatives. Some of these organisations have been up and running for years, are actively investing (the Cairo Angels recently celebrated investment # 20) have processes in place both for investors who want to join as well as for entrepreneurs who are seeking funding. Other initiatives are still getting themselves organised and are not yet actively investing. To add your network please contact the ABAN team via: secretariat@abanangels.org.
Business Angel Groups, networks and initiatives (updated August 2017)
| # | Organization | Country | City |
| 1 | Lagos Angel Network | Nigeria | Lagos |
| 2 | Cameroon Angels Network | Cameroon | Douala |
| 3 | Ghana Angel Investors Network | Ghana | Accra |
| 4 | Ivoire Business Angels | Ivory Coast | Abidjan |
| 5 | Angel Investor Ethiopia | Ethiopia | Addis Ababa |
| 6 | Cairo Angels | Egypt | Cairo |
| 7 | Viktoria Ventures | Kenya | Nairobi |
| 8 | Casbah Business Angels | Algeria | Algiers |
| 9 | “Senegal Angels” (working title) | Senegal | Dakar |
| 10 | Madagascar Business Angels | Madagascar | Antananarivo |
| 11 | Rwanda Angels | Rwanda | Kigali |
| 12 | Atlas Business Angels | Morocco | Rabat |
| 13 | Mozambique Angels (woeking title) | Mozambique | Maputo |
| 14 | AfricAngels | Senegal, Ivory Coast, France | Dakar |
| 15 | KI Angels | Egypt | Cairo |
| 16 | Angels Initiative Uganda | Uganda | Kampala |
| 17 | Kampala Angel Investment Network (KAIN) | Uganda | Kampala |
| 18 | Namibia Business Angels Network | Namibia | Windhoek |
| 19 | Intellecap Impact Investment Network (I3N) | Kenya | Nairobi |
| 20 | Abuja Angels Network | Nigeria | Abuja |
| 21 | Newton Partners | South Africa | Cape Town |
| 22 | Uganda Business Angels Network (UBAN) | Uganda | Kampala |
| 23 | Angel Investors of Mauritius | Mauritius | Port Louis |
| 24 | Sustainable investments Exchange (SIX) | Senegal | Dakar |
| 25 | Business Angel au Sahel | Tunesia | Tunis |
| 26 | Carthage Business Angels | Tunesia | Tunis |
| 27 | ACCEntrepreneur | Niger | Niamey |
| 28 | JCS | Ghana | Accra |
| 29 | ‘Endeavour / Bongo Hive Initiative’ | Zambia | Lusaka |
| 30 | iPartners Africa | South Africa | Cape Town |
| 31 | Jozi Angels | South Africa | Johannesburg |
| 32 | Chad Angels | Chad | N’Djamena |
| 33 | Women Investment Club Senegal | Senegal | Dakar |
| 34 | South Africa Business Angels Network | South Africa | Cape Town |
| 35 | Ngwana Enterprises | Botswana | Gabarone |
| 36 | Kamelizer | Egypt | Cairo |
| 37 | TBA | Kenya | Nairobi |
| 38 | Silicon Cape | South Africa | Cape Town |
| 39 | villageinfrastructure | Global | Global |
| 40 | No name yet | Zimbabwe | Harare |
| 41 | Business Angels Network of Chad | Chad | N’Djamena |
| 42 | Botswana angels | Botswana | Gabarone |
| 43 | Ethiopia Diaspora Business Forum | Ethiopia | Addis Ababa |
| 44 | iYa Ventures | USA | New York |
| 45 | Renew | Ethiopia | Addis Ababa |
| 46 | TBA | Botswana | Gabarone |
| 47 | Sierra Leone Business Angel Network | Sierra Leone | Freetown |
| 48 | Business Angels Mozambique | Mozambique | Maputo |
| 49 | Congolese Business Angel Network | DRC | Kinshasa |
| 50 | Liberia Business Angel Network | Liberia | Freetown |
| 51 | Tanzania (name tbd) | Tanzania | Dar es Salam |
| 52 | Baobab Fund | Ivory Coast | Abidjan |
| 53 | Ngwana Enterprises | Botswana | Francistown |
| 54 | CIME | Mali | Bamako |
| 55 | Dar Teknohama | Tanzania | Dar es Salam |
| 56 | Tamkeen Capital | Egypt | Cairo |
| 57 | Wharton Club Africa | Pan-African | N/a |
| 58 | Senegal Womens Investment Club | Senegal | Dakar |
| 59 | 237 Business Angels | Cameroon | Yaoundé |
| 60 | MNF Angels | Morocco | Rabat |
| 61 | Investor Network of Namibia | Namibia | Windhoek |
| 62 | Angel Investor Network Gabon | Gabon | |
| 63 | Enterprise Innovation Hub | Malawi | Lilongwe |
| 64 | Ivoire Angels | Ivory Coast | Abidjan |
