What I learned from building a pan-African network of angels

Innovative early stage ventures that have the potential to yield high social impact, but require less than US$1-million in capital, are the most difficult segment of the small business pipeline to reach. Often times they have a minimal track record and lack the collateral needed to secure capital from a local bank.

Moreover, local banks and traditional financiers too often do not appreciate the dynamics of the entrepreneur’s specific business and therefore cannot add necessary value beyond capital. It is exactly through direct equity participation that entrepreneurs learn from angel investors, often experienced entrepreneurs themselves with domain specific expertise.

No ad to show here.

Read more on Ventureburn.\

No ad to show here.

More

News

Sign up to our newsletter to get the latest in digital insights. sign up

Welcome to Memeburn

Sign up to our newsletter to get the latest in digital insights.

Exit mobile version