The Cairo Angels, a global network of angel investors focused on supporting startup opportunities in Egypt, the Middle East and Africa, is delighted to announce the launch of the Cairo Angels Syndicate Fund (the Fund), a micro venture capital fund that will invest in early stage startups in the Middle East and Africa.
The Fund aims to close and start investment in the first quarter of 2021 and will target startups that are pre Series A and looking to fuel growth and expand regionally. The Fund’s executive team, investment committee and board will provide a unique value proposition and will leverage their expertise and relationship capital in order to maximize impact with the investees.
The Fund has already started fundraising and invites investors who are interested in this exciting asset class to apply to join as a limited partner in the Fund. The Cairo Angels will be hosting an information session about the Fund on November 16th.
If you wish to attend, all you have to do is to register here.
“We are always looking at ways to bring new ideas and innovation to our region and launching the Fund is the next step in our evolution. We have enjoyed great success investing in this space and we now want to democratize access to this exciting asset class to active and passive investors alike. Our new model will bring something different to the market and provide much needed capital to a clear gap in the funding life cycle of startups in our region”. Aly El Shalakany, a member of the Fund’s investment committee
The Cairo Angels is Egypt’s first formal network of angel investors and is headquartered in Cairo, Egypt with operations in London, UK covering the European region and Dubai, UAE covering the GCC region. The Cairo Angels invests in and supports start ups and early stage, high growth businesses across the Middle East and Africa. The Cairo Angels is a founding member of MAIN, a network of the leading angel investment networks in the MENA region.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.