- Venture Capital for Africa (VC4A)
Not only is vc4a an angel investor network that helps African startups achieve their dreams, they have a robust mentoring system where experts provide assistance and guidance to entrepreneurs. The advice is completely free, although you will need to register your venture to get started. These are some of the enterprises listed on the network and they trying to support the startup for a growth of new business.
- Spark
At the help of its affairs are Jason Njoku and Bastian Gotter who were co-founders of Iroko TV. Along with looking at things, SPARK maintains a close and personal relationship with the startups they invest in and they invest to those business startup who really need their support. Well, there must be great ROIs, yes?
- Lagos Angel Network
The Lagos Angel Network is the premier angel network in Nigeria and the most active in Africa. It is a network of business angels who provide startup funding and advice in early stage ventures in Lagos, Nigeria. Founded in 2014, LAN is the first member in Nigeria, specifically created to finance early stage and start-up businesses. The network aims to drive job creation and foster cooperation between individuals and institutions interested in promoting or engaging entrepreneurship, particularly in the South West region of Nigeria. Since its creation, LAN members have invested in more than a dozen Lagos startups
- African Angels Network
The Africa Angels Network (AAN) is a type of network ,in which there is different angel investors that invests in Africa-focused startups primarily based on the Tech Field. A former software developer founded in July 2013 by Pule Taukobong — which established its place in the world of corporate investment and asset management — Africa Angels Network has invested in 18 high-potential startups in 8 African countries.
- eVentures Africa Fund
The goal of the EVA Fund is to invest capital and knowledge to strengthen small and medium-sized Internet-related enterprises and generate employment and income for large African communities, as well as attractive financial returns for investors.
Entrepreneurs applying for funds should meet the following criteria:
- Existing business with track record of 2 to 5 years
- Meeting requirements from $ 100.000 to $ 1.000.000
- Business in Sub-Saharan Africa
- Business focus: Internet and / or mobile applications, platforms, e-commerce and solution-providers (ie not in infrastructure and hardware)
- Sound Strategy and Business Model
- Profitable, now or within a limited period
