Angel Investors troop to Tanzania
By Rolex Owino
Sahara Ventures, the organisers of the Sahara Sparks event, is partnering with Chanzo Capital, the firm behind Angel Fair Africa – Africa’s deal-making event to co-organise a week-long series of events targeting innovators, entrepreneurs, investors, technologists, policymakers, development partners and corporates.
The week themed, Africa 4.0, Africa in The Fourth Industrial Revolution – is aimed at creating a platform for different stakeholders to meet and reflect on the role of technology, innovation and entrepreneurship on fostering social economic development in Africa.
The series of events are expected to take place between the 7th -12th October, 2019, and involve different stakeholders from the Africa innovation, technology entrepreneurship and investor ecosystem. The week will attract speakers, investors and start-ups from across the African continent.
The aim of the event is to induce conversations towards the recent technological advancements in Africa and what it means to the grassroots citizens, the role of technology in addressing challenges and creating opportunities in different business sectors in Africa. The week will also explore investment opportunities and facilitate varied deal flows – to finance early stage entrepreneurs with innovative technological solutions, which they can leverage.
This event is the follow up of last year’s event (2018), which saw over 700 stakeholders attending the event from across the African continent, including former Tanzanian President, His Excellency Dr. Jakaya Kikwete, who emphasised on the importance of investing on future skills, and adopting technological innovations – for the growth of the African continent and on addressing employability challenges.
Sahara Sparks is currently Africa’s largest innovation and technology entrepreneurship event. The event started in Tanzania and now has four chapters in four other African countries, namely Nigeria, Kenya, Uganda and Malawi – through a series of events titled, City Sparks.
The event has been able to reach more than 600 start-up companies, attract over 3000 event attendees and 180 speakers from across the world. Sahara Sparks is part of Sahara Ventures, a company whose mission is to build Africa innovation ecosystem by working with different partners and stakeholders from both the public and the private sector.
Angel Fair Africa is a deal-making event, which brings investors to invest in start-ups and early-stage entrepreneurs – who are growing across the African continent. The Angel Fair Africa event, which started in 2013, has resulted in $23M worth of investments in tech and tech-enabled ventures – in South Africa, Nigeria, Ghana, Kenya, Ivory Coast and Mozambique.
Angel Fair Africa will bring opportunities for local start-ups and early-stage businesses to access investors from across the globe who will be attending the event.
The registration to the events will be opened within the following months. For individuals and organisations that are looking to speak, showcase, collaborate, sponsor or engage with the event in any way –are welcomed to contact the event conveners.
Source: ASV & The Exchange.