From 30th to 31st March 2014, about 100 investors and entrepreneurs from within and outside Africa will come together to "do deals" in Lagos during the inaugural Angel Fair West Africa (AFWA) -- an event organised by the Angel Africa List (AAL) in partnership with the Lagos Angel Network (LAN) and the African Private Equity and Venture Capital Association (AVCA).
During AFWA, selected entrepreneurs will pitch their business, giving investors the opportunity to prioritize those they wish to meet. In the afternoon, attendees will circulate to meet entrepreneurs in order to explore investment, business development and other types of deals. There will also be an investors' and entrepreneurs' panel session.
After its successful launch event in Joburg last year, Angel Fair is already recognized as a top five player in the Africa startup Eco-system (http://www.boston.com/business/blogs/global-business-hub/2014/01/5_major_players.html). Lagos, the hub for a multitude of startup businesses, was chosen to host the inaugural Angel Fair West Africa which will have representatives attending from the Lagos Angel Network, Ghana Angel Investment Network, Angel Africa List, Africa Angels Network, Africa Venture Capital Association, existing angel groups in Senegal and networks from within and outside the continent.
The idea for an Angel Fair with a pan-Africa focus was created by South Africa based ArtLogic in partnership with renowned angel investor and technology entrepreneur, Ghanaian Eric Osiakwan and Jamie Clyde, a corporate entrepreneur and CEO of THE IN COMPANY.
"Half of the 20 fastest-growing economies in the world are in Africa. Never before has the continent been so open for business. But according to Omidyar Network's recent research, investors, partners and entrepreneurs struggle to find each other to do deals," said Eric Osiakwan, who has founded and built companies and organizations including Kuzima, GNVC, GISPA, AfrISPA, Internet Research, PenPlusBytes, and African Elections Portal, among others.
Angelfair in the News