Early stage investors will come together in Cairo and Lagos next week to exchange knowledge and share best practices at two Early Stage Investor Masterclasses. These sessions will conclude the 2016 ABAN Investor Masterclass Series, a number of investor bootcamps and master classes organized in Nairobi, Cape Town, Douala, Washington, Johannesburg, Lagos, Amsterdam, London and Silicon Valley.
All these events are part of the Africa Business Angel Network's efforts to connect the network, knowledge and capital needed to support the continued growth of Africa’s innovation sectors and to help maximize the continent's entrepreneurial potential.
The Masterclass will be conducted by long-time investor and entrepreneur Balz Roth, with an introduction by local investor Khaled Ismail who recently launched Algebra Ventures, a US$50 million fund investing in technology and technology-enabled startups in the MENA region. The masterclass will unpack the entire investment spectrum from deal origination, valuation, due diligence, negotiation, post-investment monitoring and finally, exits.
The Cairo Masterclass will be followed by "STARTUP NOVA", a networking event organized by Innoventures where graduates of the Startup Reactor accelerator program will pitch to an audience of investors and ecosystem stakeholders.
“We are seeing an increasing number of business professionals turning into angel investors", VC4Africa’s Thomas van Halen explains. "Looking at the results from our annual research into venture finance, we can conclude that one of the main reasons investors join networks is because of a willingness to learn from experts and share best practices. That’s why we are excited to support the series of Masterclasses in our endeavour to turn angel investment into a sustainable asset class on the African continent.”
The Lagos Masterclass will be on 10 December, organized by VC4A in partnership with Rising Tide Africa, Lagos Angels Network, and will be hosted at The Wheatbaker Lagos. The speakers include EBAN President Candace Johnson and President Emeritus Brigitte Baumann, who will complement ABAN President Tomi Davies and Rising Tide Africa Lead Ndidi Nnoli-Edozien, who will conduct the extensive early stage investor masterclass.
“Rising Tide", Ms Nnoli-Edozien explains, "organizes groups of women angel investors, harnessing their power, network, passion and capital to positively impact and actively create a New Africa. The Global movement originated as 180 women from across 5 continents innovating crossborder angel investing.
Rising Tide Africa is part of a global movement to increase women’s participation in angel investing as an asset class. It has been developed to provide an enriching investment experience; including an investment portfolio in start-ups, an education of the investment process and the development of a global angel community of successful business women across the United States, Latin America, Europe, the Middle East, and Africa. Ndidi Nnoli-Edozien, Rising Tide Africa Lead
Push the ecosystem forward
“We are only scraping the surface of what is possible”, ABAN co-founder and Director General David van Dijk comments, “In the effort to push the ecosystem forward, it is critical to increase the number of active investors on both a local and international level. It is important to aggregate and disseminate lessons learned. By raising the profile of angel investing in Africa we effectively lower barriers to participation and create the early infrastructure required to welcome new investors.”