In a crucial step toward its goal of democratising access to capital and networks for exceptional African founders and accelerating the growth of Africa’s digital economy, Kazana Fund has announced the opening of its angel syndicate.
The angel syndicate of Kazana Fund, an early-stage investor that seeks to collaborate with “great African startups,” seeks to address structural issues that founders in the area face, such as a lack of networks and access to money that prevents them from scaling.
“We aim to build wealth through innovation and startups in the continent starting from Ethiopia. We launched the angel syndicate because we saw the immediate need in the ecosystem for a platform that connects the capital with entrepreneurs,” said Hilina Zenebe, managing partner at Kazana Fund.
Kazana is eager to collaborate with mission-driven early-stage African innovators who have a minimum viable product (MVP), some traction, and are seeking pre-seed or seed finance.
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Startups can apply for funding here, and investors can join the investor network to view transactions that have been carefully screened.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard