Kazana Fund has announced the launch of its angel syndicate, which it describes as a major move on its mission to democratise access to capital and networks for exceptional African founders and accelerate the growth of Africa’s digital economy.
Kazana Fund is an early-stage investor that aims to partner with “brilliant African founders”, and its angel syndicate aims to solve systemic challenges faced by founders in the region, such as lack of access to capital and networks to be able to scale.
“We aim to build wealth through innovation and startups in the continent starting from Ethiopia. We launched the angel syndicate because we saw the immediate need in the ecosystem for a platform that connects the capital with entrepreneurs,” said Hilina Zenebe, managing partner at Kazana Fund.
Kazana is looking to partner with mission-driven early-stage African founders looking for pre-seed or seed funding, and have relevant experience, a minimum viable product (MVP), some traction, and scalable solutions or products.