aban in africa 2016
TRANSCRIPT
ABAN in AfricaEBAN CONGRESS 2016
ABAN in Africa
• Who we are• Founding members• Reach • Focus Areas• 2015• What We See
ABAN – who we are
• Non profit foundation – since May 2015• Africans investing in Africa• Promoting a culture of angel investing• Supporting the development of angel networks• Getting many more (early stage) investors excited,
educated, connected and doing deals • Catalyzing capital to help maximize Africa’s
entrepreneurial potential• Engaging policymakers on ecosystem support
ABAN – Founding members
ABAN – reach
ABAN – focus areas
• Capacity building• Training• Research• Best practices, tools• Annual conference
• Advocacy• Agenda setting
governments, international bodies
• Sharing international best practices
• Representation and ‘cross pollination’
• Evangelizing • Giving a voice to early
stage investing community
• Outreach academia, VC’s, media etc
• Representing African investors overseas
ABAN - 2015
ABAN – what we see
• Forming new angel groups does not immediately translate into more ‘deals done’ (takes time)
• Local ecosystems are young but developing. Trust still needs to be earned
• Large appetite to learn, to be involved… but litte patience, little tools
• Different angel groups are in process of inventing themselves (and probably re-inventing some wheels while doing so)
• We celebrate funding rounds (exits not yet part of the vocabulary)
2016 survey based research VC4Africa & partners
ABAN – what we see
• 224 ventures out of 462 surveyed (48%) successfully raised USD 73M from third parties
• USD 326K average external capital secured per venture
• 66% of investments below USD 50K. 8% > USD 500K• 33% of the ventures securing funds have been
successful in multiple rounds• 140 investors (angel, early stage VC’s) from 25
countries
2016 survey based research VC4Africa & partners
ABAN – what we see
2015 News Aggregated research from Disrupt Africa
ABAN – what we see
2015 News Aggregated research from Disrupt Africa
ABAN – what we see
2016 survey based research VC4Africa & partners
ABAN – what we see
• A growing interest from African diaspora to invest in startups in their country of origin
• The emergence and increasing number of business professionals turning angel investor locally
• A growing appetite for cross-border investing across Africa generally.
THANK YOU!
TOMI DAVIESPRESIDENT
We’d love to hear from you!
Web: abanangels.org
Twitter: @ABANangels
Facebook: African Business Angel Network (ABAN)
Linkedin: African Business Angel Network (ABAN)
Mail: [email protected]