Cairo Angels has launched a syndicate investment fund to back pre-Series A startups in Africa and the Middle East. Cairo Angels, which invests in and supports startups and early-stage, high-growth businesses, said it has already started fundraising and aims to close during the first quarter of next year. The syndicate fund will target startups that are pre-Series A and looking to fuel growth and expand regionally, and Cairo Angels believes its executive team, investment committee and board will provide a unique value proposition, leveraging its expertise and relationship capital in order to maximise impact on portfolio startups. Investors who are interested in this asset class are invited to apply to join as a limited partner in the fund, and Cairo Angels will be hosting an information session in this regard on November 16.
SOURCE: DISRUPT AFRICA
More Stories
Botswana and Cape Verde Moved to Level 3- High Risk
10 Best Experiences in Kenya
South Africa Relaxes Travel Restrictions
These Upscale Resorts are Ideal for Anyone Craving Time in Nature
Astronomical Tourism has Become Famous in Egypt
Raising Awareness on Environmental Issues in Zimbabwe through Creativity
Fast Track to a Modern Senegal
The Cape Verde Rapper with a Feminist Message
French Gallerist Cecile Fakhoury on The Contemporary African Art Scene
8 Queer-Owned African Fashion Brands to Check Out For Pride
Tunisian City Attracts a New Type of Tourist
DYK that the Green Point Lighthouse is the Oldest Operational Lighthouse in South Africa?