ABAN has become a key player in Africa’s entrepreneurial ecosystem, empowering innovators and fueling transformative ideas. With over 500 million young people set to join Africa’s labor force by 2050, the need for sustainable entrepreneurial solutions has never been more urgent.

For angel networks to be successful, it is important to build cohesion among members and get everyone to work as part of the team. This is important, especially when members are actively conducting due diligence and sharing their expertise in evaluating investment opportunities. Support and mentorship required for portfolio companies will only materialise when angel network members are available and working together as a team.

Our partnership with MsFiT aligns with ABAN’s mission to drive angel investing across the continent by providing education, building networks, and influencing policy. By leveraging MsFiT’s innovative debt vehicles, we’re enhancing our members’ ability to support scalable, impactful startups, contributing to our overarching goal of creating 10,000 jobs annually and generating sustainable economic growth

Successful networks are those with high synergies between members. Members who get along during social gatherings and have shared objectives and interests are more likely to invest in harmony and can attract new and influential members. Similarly, structured operating processes create efficiency, diligence, and transparency