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Home Accelerator

Fifty angel investors will be trained under the Tanzania Angel Investors Programme, which will help startups develop

Tech Gist Africa by Tech Gist Africa
12/13/2023
in Accelerator, Opportunities, The Big 5
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Tanzania Business Angel Investors Accelerator

Tanzania Business Angel Investors Accelerator

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Tanzania Business Angel Investors Accelerator (TAA) is a training programme that aims to increase tech investment and startup growth in Tanzania.

It was developed by Serengeti Business Angels Network (SBAN), Ennovate Ventures, and UNCDF Tanzania.

Investing in early-stage startups in Tanzania and East Africa is the focus of Ennovate Ventures, a venture-building focused micro-fund, and SBAN, an investment platform that encourages angel investing in Tanzania, gives angel investors access to deal flow, educational materials, and networking opportunities.

With the help of UNCDF, which works to increase its development impact by forming relationships with other United Nations institutions and both public and private sector players.

To “revolutionise tech investment in Tanzania,” the three groups have joined forces to form the TAA.

“Tanzania has a vibrant startup ecosystem, but access to capital remains a major challenge,” said Rodrique Msechu, co-founder and network manager of SBAN. “The Tanzania Business Angels Accelerator programme will help to address this gap by training and supporting new angel investors. We are confident that the programme will play a vital role in boosting the growth of Tanzania’s startup ecosystem.”

As part of the programme, fifty Tanzanians with an interest in tech startups will receive the education, guidance, and practical experience necessary to launch their angel investing careers.

Included with SBAN’s broader goal of developing 1,000 Tanzanian and diaspora angel investors by 2026, this project is a step in the right direction.

 

Read more on Tech Gist Africa: 

The winner of Africa’s Business Heroes Prize Competition for 2023 is Ikpeme Neto, the founder of WellaHealth

Naspers Labs and GrindstoneX have announced their second cohort of 10 female entrepreneurs

The African Agri-tech Scale-Up Programme is now accepting applications

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