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Home Business Editors Pick Upcoming Events

11th Angel Fair Africa to take place in Kenya

Felicia Akindurodoye by Felicia Akindurodoye
June 24, 2024
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The eleventh Angel Fair Africa event will convene a select group of African entrepreneurs and carefully chosen investors to conduct business on November 7-8, 2024, in Nairobi, Kenya. 

Angel Fair Africa took place for the first time in September 2013 and moved to Johannesburg, Lagos, Accra, Nairobi, Abidjan, Maputo, Dar es Salaam, Mauritius, and Cape Town last year.

Last year’s event took place in East London, South Africa, from November 29th to December 1st, 2023, for its 10th anniversary. 

Read also: Highlights from the Science of Trade (SOT) conference organised by Ascends Studios Foundation

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The 2016 edition, which took place in Nairobi, is scheduled to return there in November and will bring together investors, accelerators, and up-and-coming companies from all over the African continent.

The keynote speaker for the occasion will be Dr James Mworia, group MD and CEO of Centum Investments Company, the organisation that supports the Two Rivers International Financial and Innovation Centre (TRIFIC).

What Angel Fair Africa (AFA) is about

Angel Fair Africa is an event organised by Chanzo Capital that presents carefully chosen African entrepreneurs to a room full of carefully chosen investors to close deals.

Since its inception in 2013, AFA has been a component of the strategies used in Africa to draw Angel investors to the continent’s startup scene. It has a significant symbolic and factual influence on the entrepreneurial ecosystem’s explosive expansion, both in terms of the fundraising boom and the startling increase in the number of tech and innovation businesses over the past ten years.

Telling the tale of AFA and the expansion of Angel investment would include enumerating the difficulties and triumphs faced by Africa’s startups—including the emergence of its unicorns. 

The event, which commenced in 2013, has invested $100 million in Kenya, Ivory Coast, Nigeria, Ghana, South Africa, Tanzania, Mozambique, Senegal, and other countries. 

Read also: Global Tech Africa (GTA) conference to be held in Lagos

The brain behind Angel Fair Africa 

Chanzo Capital is a venture and growth capital firm that invests capital, capacity, and community in high-tech startups and scaleups in Kenya, Ivory Coast, Nigeria, Ghana, and South Africa. These nations comprise what the organisation described as the “KINGS” of Africa’s digital economy. 

The company aims to finance the expansion and advancement of the high-tech industry by offering its portfolio of firms and the African ecosystem as a whole: Capital, Capacity, and Community.

They have been building the African community through their yearly Angel Fair Africa, which gathers chosen entrepreneurs to pitch to invited investors. They have realised multimillion US dollars in investment throughout the years of organising the event. 

Tags: Angel Fair AfricaTRIFIC
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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