The fourth instalment of the Angel Fair Africa, an event that brings together accelerators, incubators and emerging businesses from across the African continent and investors to do deals, will hold in Nairobi, Kenya.
The event, which will take place in November 2016, will be attended by over 100 investors and entrepreneurs from within and outside Africa.
Investors that will be gracing the event include Angel Africa List, East Africa Angel Network, Ghana Angel Investor Network, Lagos Angel Network, New Generation Angels, African Private Equity and Venture Capital Association, East Africa Venture Capital Association and Angel Capital Association.
Through a partnership with Village Capital, the event would witness an experiment with its peer selection model which would result in Chanzo Capital making investments in peer selected ventures that would go through a pre-event workshop which would bring selected startups from Pivot East, Seedstars World, Demo Africa and previous Village Capital workshops.
The startups would pitch during the event to investors. The investors will thereafter meet with the startups in order to explore investment, business development and other types of deals. There will also be investors’, entrepreneurs’ and “exists” panel discussions to share light on experiences and trends.
“We are excited to partner with Chanzo Capital at this year’s Angel Fair Africa to implement the peer selection model and to make catalytic investments at the event in November 2016,” Executive Director of Village Capital, Ross Baird said in a press release.
The three previous editions of the event, which took place in South Africa (2013), Nigeria (2014), and Ghana (2015), were highly successful in that investors made significant investments in some of the startups that pitched.
At the Johannesburg event, the Bertha Foundation invested in Vuyos. The Lagos Angels Network invested in Hutbay and Autobox at the Lagos event while Zeepay announced their first seed investment deal at the Accra event last year.
Angel Fair Africa is organized in partnership with Angel Africa List, a network of angels and investors with a focus on achieving economic prosperity on the continent, and Chanzo Capital.