African angel investors chart path for the future at the ABAN 2025 Congress
- Over 100 angel investors gathered in October 2025 to discuss the future of early-stage funding in Africa.
- Yemi Keri emphasized the importance of local capital, noting that over 5,000 angels have invested upwards of $35 million into African startups.
- ABAN signed a two-year MoU with Madica Ventures to strengthen deal pipelines and improve startup investor-readiness.
The gathering of angel investors in Africa signifies a pivotal moment for the continent's startup ecosystem, showcasing the potential for local capital to drive innovation and growth. However, the challenges highlighted, such as the need for increased active participation and better policy frameworks, indicate that while progress is being made, there is still much work to be done to fully realize this potential.
