The Last Frontier: The best deals of the century will be made in Africa
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The Last Frontier: The best deals of the century will be made in Africa
October 27, 2022
This is a Bantaba event to help ambitious international angels tap into the exclusive deal flow of the best African VCs. In addition, participants will gain a deeper understanding of the high-growth markets on the African Continent.
Speakers include Zachariah George – managing partner at Africa’s most active VC, Launch Africa; Fatou Diagne – Managing partner at Bootstrap Europe and other key ecosystem leaders. The session will also be attended by innovative African startups and established Angel investors who are already investing in Africa.
IT’S TIME TO DISCOVER THE REAL OPPORTUNITIES IN AFRICA
As technology continues to play a pivotal role in national development and wealth creation. Investing in tech startups has become an excellent opportunity to maximise returns and diversify one’s portfolio. However, market saturation and high competition for deals in developed markets have shrunken access to good opportunities for Angel Investors.
Enter the African continent, a diverse mix of 54 countries touted as the last frontier for high growth. The continent’s rising population is expected to account for 25% of the world’s population in 2050. It’s also estimated that its combined business and consumer spending will hit a record USD 16.12 trillion in the same year.
That’s not all, the continent is one of the fastest-growing startup ecosystems in the world with its active tech hubs doubling to over 640 in just 3 years. These megatrends are perfect for successful investments, which recognised investors in Africa have generally taken advantage of. Boasting of the world’s most attractive lower ticket sizes and a very positive exit environment with new and bigger Africa-focused funds like Norrsken’s $200M fund and DFIs; Africa is truly irresistible.
However, for investors outside the African continent, the playing field is not level due to a lack of proper local market understanding, coupled with a high due-diligence cost, and no access to attractive deal flow. This is the impetus for the Bantaba event. An opportunity to bridge the gap in market understanding and provide access to attractive deal flow.
Speakers
CEO & Co-founder Bantaba
Market Entry Specialist
CEO – BiD Capital Partners
Managing Partner – Bootstrap Europe
Managing Partner at Launch Africa