Budding entrepreneurs in Togo can now have reason to smile and go full-throttle on their ventures. Especially if the given venture is promising, scalable, and highly-impactful. That is because they have a new support in town, the newly launched Togo Business Angels Network (TBAN).
TBAN’s goal is to create an enabling environment that encourages entrepreneurship growth, and provide financial assistance to their ventures to scale up. TBAN is the latest addition to the growing number of localized angel investment networks running across Africa, which are under the umbrella angel investment group, Africa Business Angels Network (ABAN).
TBAN has already 78 members (angel investors), who are ready to capitalize on the “awakening of entrepreneurship” in Togo, says John Agbenou, one of the members of TBAN.
“Togo is a country where there is a kind of awakening of entrepreneurship compared to other countries in the subregion. You would be surprised by the potential we see. The idea behind the Togo Business Angels Network is to create a framework that can enable young Togolese entrepreneurs to prove their potential in order to benefit from the financing of business angels and others.
It …read more