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Maputo hosts 6th edition of Angel Fair Africa
4:07 CAT | 28 Nov 2018
Photos: Supplied
Maputo will host the 6th edition of the Angel Fair Africa, from the 29th to the 30th of November, at the Radisson Blue Hotel. Angel Fair Africa (AfA) is an event that brings together investors and entrepreneurs from inside and outside the African continent, to promote new business, investment and share experiences.
The 6th edition of AfA will feature panel discussions with investors and entrepreneurs from 10 countries in Africa, the Middle East, Europe, Asia and America, and will feature US entrepreneur and investor Kamran Elahian and Mozambican entrepreneur and investor Daniel David, as key speakers.
20 startups from Mozambique, Tanzania, Kenya, Angola, Zimbabwe and South Africa were selected to participate in the event, where they will have the opportunity to present their business (pitch), seek investment and partnerships to develop and grow their businesses.
Until its 5th edition, Angel Fair Africa has already generated investments of up to US $23 million in several companies and startups, demonstrating the attractiveness of the solutions generated in the African continent to investors all over the world.
Angels Fair Africa is a Chanzo Capital initiative, a growth capital firm investing in high-tech startups and scale-ups in Africa, and is co-organised in Mozambique by Associação Moçambicana de Business Angels (AMBA), a newly created association to financially support local initiatives, and ideiaLab, a Mozambican company founded in 2010 to inspire entrepreneurs, support the development of startups, accelerate the growth of Micro, Small and Medium Enterprises, and promote entrepreneurship and innovation in the country. This edition is sponsored by Standard Bank, Radisson Blu and GAPI, and has institutional support from FSDMoç, the Mozambican Stock Exchange (BVM) and Moztech.
Additional information
In preparation for the main event, there will be a 2-day bootcamp dedicated to the selected startups at the Standard Bank Incubator, and a Masterclass on how to invest open to national investors at the Orange Corners Maputo incubator on November 28th, from 2:00 to 6:00 p.m.
Previous editions of AfA took place in Johannesburg (South Africa) in 2013, Lagos (Nigeria) in 2014, Accra (Ghana) in 2015, Nairobi (Kenya) in 2016, and Abidjan (Ivory Coast) in 2017.
The event will be in English as it will bring together investors and entrepreneurs from the USA, the Middle East,
Europe, Asia and Africa.
Master Class on Angel Investing under way at the Orange Corners as we kickstart the 6th edition. @KamranElahian and @eosiakwan sharing their stories on how they got here. #Maputo@ideialabmzpic.twitter.com/70x4lnkyWO
— Angel Fair Africa (@AngelFairAfrica) November 28, 2018
Visit: www.angelfairafrica.com or contact: [email protected]
Why Angels Fair Africa?
Angels comes from “Business Angels” or “Angel Investors”, which is an independent individual who invests in start-up and early-stage businesses with high potential, to contribute to and accelerate their growth. The investment may not only be financial, but also of insights, experience, know-how, contacts, among others. In exchange for this investment, the investor receives a share of the company’s equity and return on investment when it grows.
Source: Angel Fair Africa / Press Release
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