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Aban Ushers In A New Era For Africa’s Startup Ecosystem With First Cross-Border Investment Initiative Trough Rwanda At GEC+AFRICA

Mauritius, 14th March 2024 – In a landmark move that underscores the Africa Business Angel Network’s (ABAN) dedication to revolutionizing Africa’s startup landscape, ABAN has announced its first-ever cross-border investment through Rwanda-based Special Purpose Vehicles (SPVs).

Thispioneering initiative marks a significant leap forward in ABAN’s relentless pursuit of bridging gaps and firming a tightly woven network of angel investors across Africa and the diaspora. This initiative spearheads cross-border synergies, one of ABAN’s greatest ambitions, aimed at igniting startup growth and prosperity on the continent by enabling fluid cross-border syndications and connecting angel investors with tremendous opportunities.

Read the full press release here.

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