More linkages are required within the African tech space both to encourage more investment and ensure startups that do raise funding are better served by their investors. Last year was a record-breaking one when it came to funding raised by African tech startups, yet there is still a need for more investors at all levels. This is especially the case when it comes to angel investors, with dozens of angel groups forming across the continent under the general banner of the African Business Angel Network (ABAN). Building linkages is especially crucial when it comes to angel investing, with angel groups designed to allow people to co-invest in startups and learn from one another. It breeds a lot of confidence.”How these two different types of investors work together once a startup has obtained VC funding is also crucial, however.

Source: The North Africa Journal February 23, 2018 09:22 UTC