The Halal Angels Network (HAN), the first investor group set up to penetrate the $5 trillion global halal consumer market, has teamed up with Tanzania’s SSC Capital to explore opportunities across Africa. The Halal Angels Network was launched this year to promote innovation, entrepreneurship and startups in the halal market, which is projected to grow to be worth almost US$10 million by 2025. It is now seeking African opportunities after partnering SSC Capital, a corporate advisory and investment management firm. Based on the available data and research we focused on signing up our first partnership in Africa with SSC Capital,” said Dr Tausif Malik, founder of the Halal Angels Network. “The Halal Angels Network and SSC Capital are forming this great potential partnership, sharing decades of industry experience and exposure, and we are hopeful that it will also change the landscape of halal angel investing globally.”
Source: The North Africa Journal August 11, 2020 09:00 UTC