77% of African angel investors limit deals to $25,000, ABAN finds
- 77% of African angel investors invested less than $25,000 in startups between 2022 and 2024.
- The share of angel investors committing between $50,001 and $250,000 is growing steadily.
- Half of surveyed investors prefer equity investments via Simple Agreements for Future Equity (SAFE).
The cautious investment behavior among African angel investors reflects a prudent approach in a high-risk environment. However, fostering a culture of education and data utilization could significantly enhance investor confidence and lead to larger investments, ultimately benefiting the startup ecosystem. The focus on social impact alongside financial returns is commendable and could drive sustainable growth in the region.
