Investment Opportunities in Africa
Are African countries becoming a showcase for an entrepreneurial society?
Despite a lack of infrastructure, sometimes poorly functioning governments and despite development aid, which is preserving old structures rather than renewing them? Or is it because of all that? Because the private sector has to watch out for new ways to succeed and develop?
A total of 442 active incubators, accelerators, and co-working spaces were recorded on the continent early this year. Alone in 2017, 128 new tech hubs were created .
“African entrepreneurs are leveraging tech & digital to tackle the continent’s fundamental challenges, they are the leading innovators in key verticals, leapfrogging usages, and Venture Capital has become the core catalyst to these opportunities”, writes Cyril Collon from Partech Ventures.
In 2017 venture capital funding in Africa reached USD 560 million, after USD 367 in 2015 and USD 277 in 2015. South Africa, Kenya and Nigeria are the continent’s top destinations.
Good Tech Venture Lounge in Vienna on May 24, 2018
On May 24, 2018, you can get a closer look on how tech-start-ups together with corporates are trying to solve Africa’s most pertinent problems.
In a key-note, the experienced founder, start-up mentor and angel investor Zachariah George puts forward his insights and experiences with start-ups in Africa, how they collaborate with corporates and how they scale.
Zachariah George will also present the approach of Good Tech Ventures Africa, a pan-African venture capital fund, founded by him and Tim Röhrich with the mission:
“investing in B2B profit-from-purpose driven early stage tech startups solving some of the continent’s most meaningful problems”
|7.30||Opening by Tim Röhrich, European Founder Society|
|7.35||Guest Opening by Africa management expert and author Hans Stoisser|
|7.45||Special Guest Keynote: “Investment Opportunity Africa” by Zachariah George, SBC Africa|
|8.15||Networking & Drinks|
The event will gather a selected group of international, purpose-driven investors and executives for an evening of inspiration and networking with a particular focus on the economic development and chances for investments in Africa.