Africa: Mobilising Local Capital to Fuel Africa's Future

Africa: Mobilising Local Capital to Fuel Africa's Future

[Graça Machel Trust] Afrishela and Chanzo Capital woo Angel investors to support early growth stage businesses

Mobilising local capital to fuel Africa’s future

Afrishela and Chanzo Capital woo Angel investors to support early growth stage businesses   Photo: Entrepreneurs proudly presenting their innovative products at the Angel Fair   Across Africa, angel investors are becoming powerful catalysts for entrepreneurship. Yet, according to a World Bank report (2019), less than 10% of early-stage businesses receive funding from local angels. This gap matters. Angel investors are uniquely positioned to depl…