How can Africa create more angel investors?
TechCabal | Guest Author - Jun 06, 2024
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  • Startup funding in Africa decreased significantly after 2022.
  • Early-stage founders in Africa have options for capital, including angel investing.
  • Becoming an angel investor in Africa requires developing relationships and staying informed about potential investments.
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The decrease in startup funding in Africa is concerning for the growth of emerging companies in the region. However, angel investing presents a viable option for early-stage founders to secure capital. It is important for potential angel investors to actively engage with the African startup ecosystem and dispel misconceptions about investing in Africa. By doing so, they can contribute to the economic development of the continent and benefit from the opportunities it offers.
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