Three Ugandan companies (one start up and two scale-ups) will participate in the 4th Angel Fair Africa event scheduled to take place from 10th to 11th November 2016 in Nairobi, Kenya at the Intercontinental Hotel. The three companies, in the ICT sector, were submitted into the rigorous competition for Angel funds, by Uganda Investment Authority (UIA), which promotes a number of bankable projects for investment.
A total of twenty entrepreneurs; which are either startups or scale-ups ,have been selected from Kenya, Uganda, Tanzania, Rwanda, Ethiopia, Mozambique, Nigeria and South Africa through the Angel Fair Africa partnership network, of which UIA is a member. Other partners include: SeedStars World, Demo Africa, Financial Sector Deepening Trust Tanzania, Ice Addis, Vilgro Kenya, Centum Foundation, K-Lab and Unreasonable Institute.
Yakako, Poketi and Akello Banker are the pioneer Ugandan owned enterprises that have been chosen to participate in this Fair. The Angel Fair Africa is an event that brings together accelerators, incubators and emerging businesses from across the African continent and investors to do deals. During the event, the three companies will get the opportunity to not only pitch their pitch their businesses / ideas, giving investors the opportunity to prioritize those they want to meet, they will also get the opportunity to network with investors who are backing Africa’s leading entrepreneurs to build great companies. This opportunity gives the companies a platform to explore investment, business development and other opportunities.