On Wednesday September 23, the African Business Angel Network (ABAN) in partnership with the Lagos Angels Network (LAN), DEMO Africa and Venture Capital for Africa (VC4Africa), hosted “The African Opportunity: Angel Investing in Africa” Investor Summit at DEMO Africa 2015 in Lagos, Nigeria.
Following the successful edition of last year which resulted in the formation of ABAN, the 2015 summit again brought together early stage investors, fund managers and opinion leaders from across the continent, Europe and the US.
Tayo Oviosu, CEO and founder of Paga the largest online payment platform in Nigeria, helped set the stage by talking about his journey as entrepreneur and more recently of becoming an investor himself. Tayo launched Paga in 2009 with the support of angel investors who offered experience, access to partners and capital. A total of 34 business angels invested in Paga before Tayo went on to raise funds from VC’s and professional investors such as Adlevo, Omidyar and Acumen. He commented on the challenges finding local investors, clearly linking to the need to grow African networks to support African entrepreneurs.
ABAN president Tomi Davies spoke about promoting a culture …read more
Read more here:: African Angel Investors Unite in Lagos