Investment funds in local SMEs - transaction - SC&BD - SBAN
Previous angel network models which have launched in Tanzania, required high annual individual investment contributions and focused their membership only on reaching the urban capital of Dar es Salaam. As a result, these networks have been broadly unsuccessful and seed-stage entrepreneurs outside of Dar es Salaam remain unnoticed. Serengeti Business Angel Network (SBAN) was founded in January 2022. SBAN is the most active network in Tanzania, and they are now launching a Tanzania Angel Accelerator to increase the adoption of angel investment outside of the urban capital of Dar es Salaam while also strengthening their own network's core internal operations.