Algeria, June 10, 2018

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Local and International Stakeholders to Assemble in Cape Town as VC4A and ABAN Announce Plan to Boost Venture Capitalism in Africa

Africa’s early stage investor community has once again been called together in a bid to increase venture capitalism across the continent, a trend that has helped grow economies, create employment and drive development all over the region.

This community will assemble this year for an event titled the Africa Early Stage Investor Summit that is set to kick off Cape Town’s Global Entrepreneurship Week. The affair will encompass a number of leading industry events and numerous networking opportunities.

The Summit organizers, Venture Capital for Africa (VC4A) and the African Business Angels Network (ABAN), have partnered with likeminded organisations such as AfricaCom and AfricArena to offer a full-week VIP Investor Pass giving acc

VC4A is an ecosystem builder that leverages its infrastructure, network and expertise for the programs that contribute to Africa’s startup movement.

ABAN is a Pan-African non-profit association that was founded in early 2015 to support the development of early stage investor networks across the continent and to grow the cohort of early stage investors excited about the opportunities in Africa.

The aforementioned community will convene on November 11th and 12th, 2018 for the 5th Africa Early Stage Investor Summit (AESIS 2018). This exclusive investor-only event unites key ecosystem stakeholders from across the continent and beyond, to exchange best practices, learn from peers and recent transactions, and do deals. For the second consecutive year, the Summit will be hosted in Cape Town, South Africa.

The Summit’s speakers and guests represent the leading angel networks, VC funds, impact investors, accelerators, corporate venture divisions, industry associations, and public sector agencies. Headlining the Summit are renown international and local investors from Nigeria, South Africa, Cameroon, Egypt, Ghana, Morocco, Kenya, Liberia, Senegal, Ivory Coast, France, US, UK and The Netherlands, amongst many other countries.

The 2017 edition brought together over 300 investors from prominent African angel networks and VC funds, such as Singularity Investments, Accion, Blue Haven, 4Di Capital, Lagos Angel Network, SABAN, AngelHub Ventures, Teranga Capital, Outlierz, Algebra Ventures, Grey Elephant Ventures, Ringier, GSMA, Orange Digital Ventures. Among the attendees were international organizations and policy makers, such as IFC, the World Bank Group and the European Commission.

Following a rigorous due diligence process, the event showcased 20 African digitally-enabled scale-ups from across the continent, resulting in a number of Series A deals totalling over $12 million. The 5th anniversary event promises to further raise the bar, featuring renowned investors from overseas and stellar entrepreneurial talent from across the continent.

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