Currently, Africa is budding with innovations, business and investment opportunities, but according to Omidyar Network’s recent research, investors, partners and entrepreneurs struggle to ﬁnd each other to do deals. It is for this reason that Artlogic partnered with Eric Osiakwan and and Jamie Clyde to create Angel Fair. Jamie Clyde has been part of a number of start-ups in Africa, Europe and Asia. Through his business Crest Partners, he now partners with corporates to create new ventures outside their core businesses.Eric Osiakwan is technology entrepreneur from Ghana who has founded and built companies and organisations including GNVC, GISPA, AfrISPA, and many more. He is also an angel investor, he has invested in several startups in Africa.
- Panelists during the 'How to Fund-Raise' Session.
Angel Fair 2013 was the inaugural event that aimed to bring together accelerators, incubators and their emerging businesses from across the African continent and angel investors to do deals. The event took place on 25th and 26th at Sandton Convention Center, Johannesburg South Africa. It saw 25 entrepreneurs from across Africa pitch to investors and other attendees with the aim of doing deals. The organizers had 13 partners across Africa, in East Africa, they partnered with m:lab East Africa. With 3 of the 4 companies that represented Kenya having been current or past mlab incubatees. 5 startups represented East Africa at the event. The other partners were: Angel Africa List, Angel Hub, APPFRICA, InnovationHub, Lagos Angel Network, SAB, Seed Engine, Branson Centre for Entrepreneurship (SA), CTIC Dakar, Hasso Plattner Ventures, SABEF and VC4AFRICA.
The attendees at the event included: Active Angel Investors, VC Firms, PE Firms, Corporate Finance Specialists, Govt agencies, Foundations, Entreprenuers and representatives from tech hubs. The inaugural event focused on investors is a kind of it's own in Africa. The entrepreneurs present were as follows:
Clak Impressions (Angel Africa List), Solar Light Africa (Angel Africa List) and SliceBiz (APPFRICA).
M-Changa (Angel Africa List), Zege Technologies (Angel Africa List), Ma3Route (Pivot East: mLab) and SleepOut.com (Pivot East: mLab).
Descasio Ltd (Angel Africa List), Idea centric Global Systems Ltd (Lagos Angel Network) and OTG Playa Entity, LLC (Lagos Angel Network).
Xtreme Design and Engineering (CTIC Dakar)
Metacog Labs (Angel Africa List), InAPP (Pty) Ltd - RealTimeWine.com & MyBEER.co.za (Angel Hub), MySmartFarm Pty (LTD) (Angel Hub), Nutr-e-volution CC (Branson Centre for Entrepreneurship - SA), Vuyo’s (Branson Centre for Entrepreneurship - SA), Bozza (Hasso Plattner Ventures), KIPH (InnovationHub), Matayo Biofuels (Pty) Ltd. (InnovationHub), Medical Diagnostech (Pty) Ltd (SAB Foundation), RetroNet (SAB Foundation) , Headboy Industries (SABEF), ChowHub (Seed Engine), Cirqls.com (Seed Engine), ExpenZa (VC4AFRICA)
Redcore Interactive (APPFRICA).
- Laban Okune of Ma3Route Pitching
- Johann Jenson of SleepOut Pitching
The companies were nominated to Angel Fair by the partners based on their: Strong teams, Great product, already earning revenue or with good potential revenue and their ability to demonstrate market traction.