Paper about angel investing in Africa
Investment by angel investors into African startups has recently grown rapidly alongside the development of startup ecosystems, which have greatly increased the number of investable opportunities. Early signs of success, such the emergence of several very successful African fintech startups, have spurred further interest from angel investors worldwide.
Their increased appetite for investment on the continent is both enabled and accelerated by new approaches to organized angel investing. Which makes it more cost-efficient to invest in high-growth African ventures. These businesses are key to stimulating (youth) employment, innovation, and competitiveness in African economies. So, this paper explores new approaches to organized angel investing and highlights the ongoing need for innovation to make finance more accessible to high-growth African companies.