The ABAN and AfriLabs partner to launch African matching fund Catalyst

AFRICA – The African Business Angels Network (ABAN) and AfriLabs, a network for technology hubs and innovation centres, have launched Catalyst, a co-investment fund that will offer matching funding to investments made by qualifying angel investors in African growth-stage companies. The partnership between AfriLabs, a pan-African network of technology and innovation centres, and ABAN aims to increase the pool of capital available to promising African growth-stage entrepreneurs, support the startup ecosystem, and increase the visibility of impact to institutional funders. Catalyst will operate a co-investment fund that will match investments…

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