Our mission is to identify Student Founders with enormous potential, build alongside them, and groom them to become CEOs and CTOs upon graduation.
To support them, we offer more than just advice; we provide product and technical guidance, a full back office, and a total compensation package.
We invest in them with the conviction that, with expert guidance and the right resources, they will build Africa’s next generation of technology companies.
It's a time-honored principle, as old as investing itself, and deeply rooted in long-term, sustainable success.
Our NewCos provide a glimpse into our vision.
ECOMMERCE:
ACCELERATING the Sales cycle WITH AI-DRIVEN RECOMMENDATIONS
We are developing a powerful AI engine that analyzes customer behavior to deliver highly personalized ads, similar to the advanced strategies employed by Amazon.
TRANSPORT:
DRIVING COST-EFFECTIVE AND EFFICIENt URBAN MOBILITY FOR THE MASSES
We are building a transformative transport network, harnessing advanced geo-hash technologies to deliver efficient and affordable transit solutions for congested cities in Africa.
Logistics:
EXPANDING ON-DEMAND ACCESS TO FOOD DELIVERY
We are developing a cutting-edge mobile and web app that provides seamless on-demand ordering for food pickup and delivery, specifically tailored for university campuses.
EDUCATION:
Breaking Barriers with AI-Powered Tutoring
We are revolutionizing education access with an AI-driven tutoring platform that delivers personalized academic support to students at all levels.
Future of work:
Democratizing professional EXPERTISE
We are creating a marketplace that seamlessly connects businesses with verified professionals for on-demand consultations and fractional roles, making top-tier expertise accessible to all.
Fintech:
Enabling Micro-Insurance for the Gig Economy
We are creating an innovative insurance platform that offers gig economy workers affordable and flexible coverage for health, accidents, and more, ensuring their security and peace of mind.
Logistics:
Scaling groceries with Recurring deliveries
We are developing a subscription-based platform for recurring grocery deliveries, drawing inspiration from the success of platforms like Instacart and HelloFresh.
We are on the lookout for exceptional Student Founders* to join us in transforming bold ideas into groundbreaking and truly spectacular ventures.
¹ open to both undergraduate (RISING JUNIORS and seniors) and graduate students.
FAQs
-
Our ideas often stem from our discussions with entrepreneurs, investors, and our deep immersion in global and African tech ecosystems. These conversations enable us to pinpoint specific pain points that new ventures can tackle. Additionally, we invest in Student Founders who have existing ideas already showing significant traction.
-
We seek those for whom entrepreneurship is a calling, not just an option. These are students who will one day create their companies, with or without us. They typically fall into one of two categories:
Experienced Founders: Individuals who have walked the entrepreneurial path before. You might have ventured once or twice, yet the breakthrough remains elusive.
First-time Founders: Individuals who haven't embarked on this journey yet but radiate an unmistakable passion for it. Perhaps you're constantly shipping side projects during your free time.
-
Absolutely! Every Founder-In-Residence receives a comprehensive compensation package, which includes a competitive salary and equity.
-
Angel Africa plays a dual role in each venture: (1) acting as a co-Founder and (2) covering all costs required to develop the venture until it secures institutional funding.
Founders-In-Residence start with an impressive 70% equity stake. Angel Africa retains 30% of the fully diluted equity after the company departs from the Studio and secures its first institutional funding.
As the company grows and attracts additional capital, both Angel Africa and the Founders are equally diluted by new investors, ensuring a balanced and fair distribution of ownership.
-
Once a venture successfully raises its first institutional funding, it transitions into an independent entity with the Founders assuming full control. As the company expands and operational costs increase, Founders may need to pursue additional funding rounds (Series A, B, C, etc.) to sustain continued growth. Throughout this journey, Angel Africa will remain a committed and invested shareholder, supporting your ongoing success.
