In today’s fast-paced and highly competitive business landscape, tech startups are emerging at an unprecedented rate. While these ventures hold immense potential for disruptive innovation and substantial returns, they also face significant risks, making due diligence crucial. Conducting thorough due diligence helps investors make informed decisions and enables tech startups to identify potential pitfalls and […]
Angel investing is a global phenomenon, and there are numerous jurisdictions worldwide that support and encourage angel investing. Determining the ideal jurisdiction for angel investing is subjective and depends on various factors, including personal preferences, industry focus, network accessibility, and specific investment opportunities. Conducting thorough research and seeking professional advice are recommended to make informed […]
In angel investing, legal expertise plays a pivotal role in determining the success of an investment. While angel investors may question the need for legal considerations, it is crucial to understand that engaging a lawyer with specific experience in startup financing and securities law is essential in navigating the complex landscape of angel investing. Building […]
Happy Holidays! As we end another year, it’s time to reflect on all that we have accomplished and look ahead to the future. This year has been filled with challenges and triumphs, and we are grateful for the opportunity to work together to progress and achieve our goals. In this wrap-up, we will look back […]
Kenya’s startup ecosystem, the Silicon Savannah, has been in existence for some time now and finally seems to be gathering steam as far as the spawning of new startups and their funding. The question of how to increase the participation of local capital, particularly through angel investing, has been a thorny one. Due to its nature, […]
If you are an angel investor and are keen to participate in Africa’s boom in the Startups space, you must wonder how startups are valued. Based on data from Africa: The Big Deal, it has taken just 7 weeks for African startups to raise their first USD 1bln in 2022, and in some instances, with valuations, […]
Kenya, or the Silicon Savannah, has shown how entrepreneurship can be game-changing. From Mpesa (financial inclusion), M-Kopa (energy), and M-Tiba (health) entrepreneurship can solve development challenges and create jobs. Agri-tech farm to fork company Twiga foods, for example has raised over $67m, employing over 300 people, and partnering with 17,000 farmers and 8000 vendors, in just seven years. It’s a risky business However, […]
The world has experienced different crises and pandemics, which have often disrupted economies before and though the disruption due to Covid-19 is not novel, its magnitude is one that has not been felt for many years. Whether it was the economic recession in Europe and the States in 2008, or the micro-finance crisis in India […]
Over the years, the inflow of startup funding capital in Africa has been rapidly growing, as investors have started paying more attention to investment opportunities in Africa. African economies have shown great potential for growth, and this has made African startups a key portfolio ingredient for investors looking for investment opportunities. In addition to the […]
ManPro CEO, Linus Wahome, at a client’s site ViKtoria Business Angels Network is pleased to announce the close of USD 200,000 investment into Kenyan founded startup ManPro Systems Limited. The investment is structured in two tranches with the initial USD 20,000 accessible immediately and the balance pegged on performance. Together with Pangea Angels, VBAN have […]