NaiBAN: Enriching the ecosystem in Silicon Savannah
Kenya is the second biggest destination for investor capital on the African continent and yet its ecosystem of local early-stage investors remains small. Nairobi Business Angel Network (NaiBAN) wants to change that.
Founded by Nick Vilelle and 11 of his fellow graduates of the African Angel Academy in 2021 NaiBAN has 127 members who all want to turn the entrepreneurs of today into Kenya’s business leaders of tomorrow.
In this case study, we learn about some of the unique approaches NaiBAN takes to get funding to more founders, what Vilelle and his team have learned about managing an angel network, and one of the network’s most memorable deals to date.