77% of African angel investors limit deals to $25,000, ABAN finds

A recent report by the African Business Angel Network (ABAN) reveals that 77% of African angel investors have invested less than $25,000 in startups between 2022 and 2024. The finding points to a cautious, risk-averse approach among investors in the continent’s startup ecosystem.

The report, based on a survey of over 110 angel investors who have backed African startups, highlights key…