From 10 to 11 November, 20 startups from nine African countries will pitch at Angel Fair Africa. The event will take place at the Intercontinental Hotel in Nairobi, Kenya.
The pitching event is spread across two days. Day one will feature pre-revenue startups, while day two will consist of startups in later rounds of capital funding.
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The pitches will include Rita Kimani of Farm Drive; Tito Munhequete of Izy Shop; Ugwem Eneyo of Solstice; Josephat Mandara of TIME Tickets and Joanna Bichsel of Kasha.
“Africa shows promise to be the economic growth jewel of the next 20 years. As people become more mobile and connected, leaders will have to compete for the businesses and capital of the world, and Africans will benefit,” says founding partner of Draper Associates, Tim Draper, in a press release to Ventureburn. Draper will deliver a keynote on the second day of the event.
“As African countries become more free market and democratic, the people will become more entrepreneurial and the continent can take advantage of the breakthroughs in bitcoin, blockchain, drone delivery, stem cells, drug design, digital signatures, digital voting, digital identity and new efficient (virtual) forms of government that have not been available until recently. Entrepreneurship in Africa is here to stay.”
“Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That’s the best time to invest,” says Dave McClure, who will deliver the closing keynote at the event.
The attendees to Angel Fair Africa will consist of accelerators, incubators, emerging businesses, and investors from Africa.
