Social media was full of reactions to news that Netflix and MultiChoice may be asked to collect TV licence fees for the SABC from…
One of the world’s largest global match-making platforms for high-growth entrepreneurs and early-stage investors, Gust, and the Africa Business Angel Network (ABAN) have partnered to optimise investment activities across Africa.
ABAN represents angel investors and investment organisations in the African region. The not-for-profit’s goal is to promote investment, providing education and nurturing international relationships, among other things.
“Africa is already equipped with the minds and means for a fruitful startup environment, and with the available tools and opportunities cultivated by this partnership, Africa will continue to grow as a leader in global entrepreneurship,” said Tomi Davies, who heads ABAN.
He added in a recent press release that Gust will provide infrastructure to “manage and optimise” the investment activities for our member networks.
Facilitating more than 300 000 startups and 80 000 investors in 190 countries, Gust operates a global platform for sourcing and managing early-stage investments.
David S. Rose, CEO of Gust, said that he’s excited to enter into this partnership, and that Africa is a region prime for innovation:
Africa has already entered the world stage with significant recent growth in startup ventures. Working along with the continued far-sighted leadership of ABAN, Gust is delighted to provide investors in the continent with additional resources and competitive advantages to continue this growth.
In July and August this year, ABAN hosted three bootcamps that consisted of master-classes, expert sessions, presentation of research material and in-depth case studies in Lagos, Cape Town and Nairobi.
This partnership means that ABAN now joins some of the world’s leading angel investor federations, including those in North America, South America, Europe, and the Asia-Pacific region.