The ABAN Community

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:

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:

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