Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Africa’s Startups More Investible Than Ever

Africa’s entrepreneurs are resilient, quickly digitizing and maturing as digital technology trends further mainstreamed in 2020 CAPE TOWN, South Africa, November 5, 2020/ — Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year. This and more were discussed at the 7th, and fully virtual, Africa Early Stage Investor Summit #AESIS2020 held on 3-4 November with more than 500 early-stage investors in attendance.

Not letting a crisis go to waste

Africa’s entrepreneurs are resilient, quickly digitizing and maturing as digital technology trends further mainstreamed in 2020. Many attending investors confirmed this based on what’s happening in their respective portfolios. Ola Brown of Greentree Investment sees healthcare and education as the two foundational pillars for the future of the continent. The rise of new and creative business models are helping to tackle inequality gaps and the delivery of critical products and services across the continent, such as Foodlocker Limited, Aspire Power Solutions, Chefaa and LetMeIn.to, to name a few.

According to a Deloitte Africa report presented by Adama Aristide Ouattara in a keynote session: “Business leaders across the continent are optimistic about the future given the measures that companies have put in place in response to COVID-19.” This insight reflects the increasing significance of Africa’s startup ecosystem as a key catalyst and engine for driving innovation and development across the continent.

Recommended AI News: Tech Mahindra And Subex Partner To Drive Scale Adoption Of Blockchain-Based Solutions For Telecom Operators Globally

#AESIS2020 speakers and panelists also see more cross-border collaboration within the continent, as location is no longer a barrier for entrepreneurs and their businesses. Remote due diligence and virtual deal-making are also becoming the norm.

Related Posts
1 of 40,631

At the same time, investors recognize that more needs to be done to mentor and support entrepreneurs, particularly founders’ mental health, as leading and growing successful businesses in African markets are fraught with difficulties and challenges. Nurturing talent – from venture building to venture investing, particularly female founders and female fund managers – is critical to shaping continued growth across Africa’s markets.

‘Grit fund management’ presented by Eghosa Omoigui, founder and Managing General Partner of EchoVC, captured the long-term perspective and determined focus on value creation as the key to unlocking success as an Africa-focused investor. Wim van der Beek of Goodwell Investments elaborated the point in an expert panel: “Fund managers have a role to play in addressing inequalities and social injustices by helping businesses that provide solutions and create opportunities to tackle inequalities.”

Recommended AI News: Katalyst Technologies Launches New and Improved Celero

Accessing investible pipeline through VC4A’s Venture Showcases – Seed and Series A

#AESIS2020 wouldn’t be complete without the VC4A Venture Showcase. This year, VC4A hosted two showcases. For the first time ever, one for seed-raising companies and another for Series A. The showcases featured nine vetted Seed startups and ten Series A companies. One of the Series A companies, SeamlessHR closed a seven-figure deal with #AESIS2020 participating investors just before the start of the Summit. Ben White, VC4A co-founder: “More than 1,000 entrepreneurs tried for this year’s Venture Showcase. It’s impossible to break this down to such a select group of companies. Without question, the 2020 cohort is going to fly – with two companies closing deals before the summit started!! We are going to be reading about these companies for the months and years to come…for this I am certain.” Alumni from the VC4A Venture Showcase companies have raised more than $100 million. Access the Seed deal book and the Series A deal book. Looking ahead to #AESIS2021 Next year’s Summit is already planned for 4-5 November 2021 at Workshop17 in Cape Town. Given the success of the virtual Summit, the organizers envision an online component as well.

Recommended AI News: ConnectALL Announces Integration Support for SAP Solution Manager

24 Comments
  1. Taze körpe çıtır kız says

    Türkçe Altyazılı genç kadın parasız kalınca borcunu amını siktirerek ödeşiyor.
    Türkçe Altyazılı Porno izle. Categories.

  2. Janell says

    Hi there friends, how is everything, and what you desire to say concerning this piece of
    writing, in my view its really remarkable for me.

  3. Howdy! Would you mind if I share your blog with
    my zynga group? There’s a lot of folks that I think would really enjoy your content.
    Please let me know. Cheers

  4. Incredible! This blog looks just like my old one! It’s on a completely different topic but it has pretty much the same layout and design. Outstanding choice of colors!

  5. I blog often and I seriously appreciate your information. Your article has really
    peaked my interest. I will book mark your blog and keep checking for new details about once a week.
    I opted in for your Feed too.

  6. It’s very simple to find out any topic on web as compared to textbooks, as I found this piece of writing at
    this website.

  7. Gennie says

    If some one needs expert view concerning blogging after that i recommend him/her to
    go to see this weblog, Keep up the good job.

  8. Your means of explaining the whole thing in this post is
    truly nice, every one be able to simply understand it, Thanks a lot.

  9. achat de birami en Belgique says

    Saved as a favorite, I love your blog!

  10. Article writing is also a fun, if you be familiar with after that you
    can write otherwise it is complicated to write.

  11. Scrap iron reuse says

    Scrap metal refabrication Ferrous material inspection Iron scraps reclamation

    Ferrous material testing, Iron recycling and recovery solutions, Metal recovery and reclamation yard

  12. Copper scrap contamination control Copper scrap emissions control Urban metal scavenging
    Copper cable, Metal waste logistics services, Export of Copper scrap

  13. Blair says

    Everything is very open with a precise description of
    the issues. It was truly informative. Your site is very helpful.
    Thanks for sharing!

  14. оберег для мужчины перстень снится икона упала кто ты по знакам
    зодиака из гарри поттера
    сонник дверь снятая с петель, дверь
    во сне исламский сонник сонник снился священник

  15. мектепте анықтама жазу үлгісі достучаться до небес в кино, фильм достучаться до небес
    трейлер на русском емкости для свечей, железные баночки для свечей
    төрткүл ауа райы, ауа райы туркестан 1 ай

  16. мектеп парламенті фракциясы слайд мамандық таңдау пайдасы ауыспалы өткен шақ мысалдар, бұрынғы өткен шақ экономикалық интеграция тиімді жақтары,
    экономикалық интеграция оң жақтары

  17. Consulta il costo di farmaci con prescrizione a Messina Cevallos Einsiedeln Où trouver médicaments au
    meilleur prix en ligne

  18. купить дачу на первомайке, купить
    дом в первомайке алматы тілдің шығу
    тарихы, тілдің дамуы ұлытау туралы мәлімет,
    қаратау туралы мәлімет амангелді сатиев әндері скачать,
    амангелді сатиев ұмытайыншы скачать

  19. флип кз мои заказы, как оформить
    заказ на флип кз как открыть пекарню в казахстане, какие документы нужны для открытия тандыра в казахстане замороженные наггетсы
    в духовке, детские наггетсы в духовке әлеуметтік педагогикалық іс әрекет,
    әлеуметтік педагогикалық іс-әрекеттің қағидалары.

  20. қырға барсам скачать, той базар халық әні текст
    дамушы елдер тобы, қазақстан дамушы елдер қатарында қызғылт қоқиқаз елімізге қай айда ұшып келеді,
    құс төресі қоқиқаз туралы мәлімет орган синквейн казакша, 3.
    романстар жазған композиторларды ата.

  21. жизнь в астане плюсы и минусы,
    стоит ли переезжать в астану не работает 2гис на
    айфоне, как скачать 2гис на айфон после санкций темір тұлпарыңыз құтты болсын, 1 жыл
    уйлену той тилек жарыма қозғалыс уақыты формула, түзу сызықты бірқалыпты қозғалыс

  22. жедел жәрдем номері 2022, 225 бұйрық жедел жәрдем желтоқсан желі
    минус скачать бесплатно, желтоқсан желі скачать музыку бесплатно сколько стоит чихуахуа,
    отдам даром чихуахуа в алматы әпке драмасы тест сұрақтары, әпке
    драмасы мінездеме

  23. Medikamente online in Europa erhältlich Galpharm Olten médicaments en pharmacie en ligne :
    Conseils d’achat

  24. работа швеи дома воронеж как заработать деньги
    быстро и легко подработка на лето в новосибирске
    с 14 лет работа или подработка в тамбове

Leave A Reply

Your email address will not be published.