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  • George Benson

Djassi Africa and ABAC join forces to enable a culture of angel investing in Cabo Verde

Press Statement - 10 May 2022

Djassi Africa and ABAC (Business Angels Cabo Verde) join forces to enable a culture of angel investing and support the entrepreneurial ecosystem in Cabo Verde.

Djassi Africa invests in digital-enabled innovation and impact-driven entrepreneurship with the potential to accelerate Africa’s transformation. Djassi Africa’s mission is to empower African innovators and entrepreneurs through world-class capacity building, venture building, access to funding, and ecosystem building, with the ultimate goal of enabling Africa’s development and prosperity.

ABAC (Business Angels Cabo Verde) represents Cabo Verde’s angel investing community (including the diaspora), focused on nurturing, supporting, and funding startups and SMEs in the country. ABAC also advocates for policies that encourage innovation and drive successful and responsible long-term investments in Cabo Verde, building the bridge between high-potential entrepreneurs and angel investors.

With this strategic partnership, Djassi Africa and ABAC aim to enable a culture of angel investing in Cabo Verde and grow its entrepreneurial ecosystem, by empowering a new breed of angel investors (through training and investor programs), supporting local entrepreneurs through Djassi Africa programs, sharing knowledge and deal flow for co-investment, and co-organise events to bring the ecosystem together.

Djassi Africa and ABAC are committed to maximise the impact of angel investing and support the development of a strong early-stage investment ecosystem in Cabo Verde.


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