Africa is the next, new and final frontier of globalization and the race to build the continent has already started with infrastructure. Technology enabled services hold the key to Africa’s development and African’s MUST participate in the continent's development and resulting prosperity. Angel Investment syndicates and networks have the potential to become significant contributors (and beneficiaries) in the building of Africa. This presentation is my submission to the ABAN Investor Summit in DEMO Africa 2015 at the Eko Hotel in Lagos.

1. ABAN:
The
African
Trade
Associa2on
for
Business
Angels,
Seed
Funds
and
Early
Stage
Market
Players
“Unlocking
capital
for
early
stage
innova4on"

2. ABAN
is
a
pan-­‐African
non-­‐profit
associa2on
founded
to
support
the
development
of
early
stage
investor
networks.
ABAN
began
as
a
consor2um
of
independent
African
Angel
inves2ng
networks
including
Lagos
Angels
Network
(LAN),
Cameroon
Angel
Network
(CAN),
Cairo
Angels,
Ghana
Angel
Network
(GAIN),
Venture
Capital
for
Africa
(VC4Africa),
Silicon
Cape,
DEMO
Africa
and
the
European
Business
Angel
Network
(EBAN).
ABAN’s
mission
is
to
help
develop
early
stage
inves2ng
in
Africa
by
providing
the
support,
networking
opportuni2es
and
essen2al
resources
Africa’s
Angel
Inves2ng
Syndicates
&
Networks
need
to
maximize
their
impact.
ABOUT
ABAN

3. Angel Investing in
Africa
Tomi
Davies
President
ABAN
Why
it
maXers
now!
African
Business
Angels
Network

4. Africa is the next, new and
final frontier
POWER
SECURITY
EDUCATION
HEALTH

5. Infrastructure is first in
line!
• POWER
that
works
for
everyone
• AGRICULTURE
to
feed
the
world
• EDUCATION
for
the
youngest
on
earth
• HEALTH
for
a
mobile
workforce
The
race
to
build
Africa
has
already
started!

6. Service is the key that will
unlock the continent!
Food,
Property,
Transporta2on,
Communica2ons,
Entertainment,
Retail
&
Consumer
Goods,
Professional
Services,
Banking
&
Finance….
The
rise
of
technology
enabled
mobile
services

7. Africans MUST participate
at each level
Private
Equity:
Large
Scale
Regional
Infrastructure
Ini2a2ves
Venture
Capital:
Mul2-­‐na2onal
Corporate
Enterprise
growth
&
expansion
Angel/Seed
Capital:
Micro,
Small
&
Medium
sized
Business
development
and
growth
The
building
and
growth
is
happening
on
all
levels!

8. Who is an Angel Investor?
• Accredited
individual
with
annual
discre2onary
income
of
$10k
plus
available
for
investment
in
early
stage
companies
• 3-­‐5
Year
term
commitments
for
invested
funds!
• Annual
investment
fund
of
$5k
plus
($25k
in
5
years)
• Annual
mentoring/coaching
of
20
days
(100
days
in
5
years)
• Annual
business
introduc2ons
of
4
contacts
(20
contacts
in
5
years)
• NB:
Target
is
a
pordolio
of
10
startups/early
stage
companies
Each
syndicate/network
is
encouraged
to
adopt
an
angel
profile
standard
as
part
of
its
consStuSon.
ABAN
Guidelines
for
Syndicates
&
Networks

9. Angels do better with
other Angels!
Syndicates/Networks
increase
the
chances
of
success!
– The
Needle
in
the
Haystack
Challenge
– Collec2ve
Resources
• Deal
Flow
&
Terms
• Quality
Monthly
Mee2ngs
• Angel
Inves2ng
Resources
• Networking
Events
– Interna2onal/Ins2tu2onal
Collabora2on
&
Support
• Capacity
Development
• Co-­‐Investment
• Policy
Development

10. We are not alone in the quest to
build Africa
• Africa
is
the
next,
new
and
final
fron2er
of
globaliza2on
• The
race
to
build
the
con2nent
has
already
started
with
infrastructure
• Technology
enabled
services
hold
the
key
to
Africa’s
development
• African’s
MUST
par2cipate
in
the
con2nents
development
and
resul2ng
prosperity
• Angel
Investment
syndicates
and
networks
have
the
poten2al
to
become
significant
contributors
(and
beneficiaries)
in
the
building
of
Africa.

11. Thank You!
Harry
’Tomi
Davies
President,
African
Business
Angels
Network
(ABAN)
www.abanangels.org
president@abanangels.org