Nabilah Safira
TechInAfrica – ABAN (The African Business Angel Network), in partnership with Briter Bridges, a London-based data-driven research firm, plans to map Africa’s investment landscape. In mapping the investment landscape, the two organizations will not only focus on venture funds but also on the work of angel investors, angel investment networks and impact investors on the continent, as explained by Briter Bridges’ founder, Dario Giuliani in a post on LinkedIn.
On Thursday (22 August), Briter Bridges said in a statement that the initiative will focus on funding dedicated to tech startups.
“Our collaboration comes as part of a commitment to dramatically increase the amount and the quality of the available data across Africa’s technology ecosystems and other under-served markets,” Giuliani said.
Briter Bridges is looking to build a publicly accessible library of data and maps, which the firm hopes will reduce the cost associated with the precursor market research. It has also released a series of over 50 visual maps that present comprehensive snapshots of technology ecosystems in Africa, the Middle East, and North Africa and South Asia. The research firm noted that mapping exercises are priceless tools when it comes to outlining the development state of a specific industry or market.
The firm stated that the partnership with ABAN will grant far-reaching access to angel investors and angel investment networks on the continent and beyond.
“Partnerships and crowdsourcing have proven an effective approach to gathering information scattered across the different ecosystem players, and the only real way to decentralize the research while maintaining granularity.” As elaborated by the firm.
With this partnership, the firm ensured that the research will be more extensive beyond the conventional venture capital space, and it will also constitute as the first step toward an increase of dialogues with the angel investors, and it will be done by serving up more informative sets of data on the front.
The mapping results will be presented at the Africa Early Stage Investment Summit, which will kick off on the 13 and 15 November, held in Cape Town.
For investors, as well as representatives of their respective organizations, that offer their investment in the continent, can register here to be listed on Briter Bridges database.
Source: Ventureburn.com
