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 is in the tens every month and not in the hundreds or thousands. At the same time one can only be encouraged and excited when one sees that the number of angel groups, networks, and initiatives has grown from a handful of networks when ABAN started in 2015 to over 80 today. Whilst most of these networks have not yet made investments, the important take-away is that angel investing – deploying smart capital to help entrepreneurs start and grow their companies – has become part of our every day vocabulary. It’s only getting started.
So who are these pioneering networks 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 celebrated investment number 20 in 2017), and 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.
African Business Angel Groups, Networks and Initiatives
| # | 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 Business Angel Network | 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 (working 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 | Heritage Angel Investors Network | 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 | Casablanca | |
| 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 | |
| 65 | TBA | Nigeria | Port Hartcourt | |
| 66 | Jamani Ventures | Uganda | Kampala | |
| 67 | Essex Ventures | UK / Pan African | London | |
| 68 | TBA | Congo | TBA | |
| 69 | TBA | Chad | N’Djamena | |
| 70 | Fiarina (tentaive) | Madagascar | TBA | |
| 71 | RJDLT | Chad | ||
| 72 | Business Angels network in Chad | Chad | ||
| 73 | Gambia Angel Network (in the making) | Gambia | Banjul | |
| 74 | Assiut Angels | Egypt | Assiut | |
| 75 | Togo Business Angel Network | Togo | ||
| 76 | Madagascar | Madagascar | ||
| 77 | 1000 Alternatives | Kenya | ||
| 78 | Invest cloud network | South Africa | ||
| 79 | Vencedora Angels | Pan-African | ||
| 80 | Dakar Network Angels | Senegal | Dakar | |
| 81 | Angels4Africa | Pan-African | ||
| 82 | Accra Angels Network | Ghana | Accra |
