ABAN’s goal is to promote a vibrant business angel investment community and culture through the endorsement of best practices, fostering the development of angel investor groups, providing continuing education for angel investors, nurturing international relationships with the global community of angel investors, and representing its members through policy advocacy and collaborative initiatives.
The Africa Business Angel Network (ABAN) and Gust, the world’s largest platform that’s connecting entrepreneurs and early stage investors, have entered a long-term partnership deal that would make Gust the official deal-flow management in funding high-growth startups on the continent.
Helping African startups in their early stage investment activity is at the core of the partnership deal for ABAN, the startup that’s investing in startups.
Having facilitated collaboration between over 300,000 startups and 80,000 investors in 190 countries, Gust is enthusiastic about the partnership to provide support for entrepreneurs and investors in a region prime for innovation.
“Africa has already entered the world stage with significant recent growth in startup ventures. Working along with the continued far sighted leadership of ABAN, Gust is delighted to provide investors in the continent with additional resources and competitive advantages to continue this growth.” – David S. Rose, Gust CEO
“Gust will provide an infrastructure to manage and optimize the investment activities for our member networks,” ABAN President, Tomi Davies said.
He also said that the continent is equipped with the minds and means for a fruitful startup environment, which would continue to position Africa for global entrepreneurship.
Nigerian startups raised a total funding of $9.2 million in Q1 2018. Download our report to find out more.