Twenty African tech ventures, comprising 10 startups and 10 scale-ups, have been selected to present their business ideas at the Angel Fair Africa event in Nairobi, Kenya, scheduled for November 7-8.
Angel Fair Africa, which first took place in September 2013, has previously been hosted in various cities including Johannesburg, Lagos, Accra, Nairobi, Abidjan, Maputo, Dar es Salaam, Mauritius, and most recently, Cape Town. This year, the event returns to Nairobi for the first time since 2016.
The event is organized by Chanzo Capital in collaboration with Startupbootcamp AfriTech, MEST Africa, Antler, iHub, and GrowthAfrica. It will be held at the Two Rivers International Finance and Innovation Centre, where 10 startups and 10 scale-ups will pitch their ventures to potential investors.
The first day of the event is dedicated to startups that are in the early stages of development and are seeking angel, pre-seed, and seed funding.
Among the selected startups, three are from Kenya: VunaPay, NoMa, and Zopa254. Ghana is represented by BenBen and Lastmal, while South Africa has Ejoobi and Hitherroad. The list is rounded out by Uganda’s Karaa, Mozambique’s Goodbite, and Nigeria’s Wenzo.
The second day focuses on scale-ups, which are more established companies looking to expand their operations and are in need of seed, Series A, and Series B funding.
Kenya leads with five representatives: Check-Ups Med, Chumz, Save App, EpiCenter Africa, and Twiva. The remaining scale-ups include Ivory Coast’s MojaRide and DigiTech, Ghana’s PayAngel, Tanzania’s KilimoFresh, and Nigeria’s HouseAfrica. All 20 ventures have previously participated in programs run by Angel Fair Africa partners such as iHub, MEST Africa, and Startupbootcamp AfriTech, which have pre-screened and prepared these companies for the event.