Mo Angels contribution to Early-Stage Funding at the 4th India-Africa Entrepreneurship & Investors Summit

Mo Angels proudly partnered with the India-Africa Business Network for the 4th edition of the India-Africa Entrepreneurship & Investors Summit, a premier event focused on fostering strategic investments and collaborations between Indian and African innovative ecosystems.

We co-organized Day 1 with the University of Mauritius, under the theme “Developing the Entrepreneurial Mindset”.

Panels

• The first panel depicted the current state of “early-stage funding in Africa and Mauritius”.
• The second panel addressed the topic of “internationalizing the Mauritian ecosystem”.

Afternoon Workshop

In the afternoon, we conveyed Indian and African experts to a workshop meant to serve as a unique platform for deep discussions on enhancing early-stage investment capabilities.

Key Mauritian stakeholders of the innovation ecosystem, including MRIC, EDB, MIC, and the Mauritius Stock Exchange, participated.

The main goals of the workshop were to address the 3 major issues and opportunities we have in Mauritius:

1. Non-Dilutive Funding
2. Cross-Border Investment Mechanisms
3. Exit Strategies

The workshop was very productive and insightful, as leading experts from India, Africa, and Mauritius had the opportunity to share their insights and experiences.

For more information, check out Platform Africa’s report on day 1, and Anna Ekeledo ’s post on LinkedIn.

Anna is the CEO of Afrilabs, a capacity building organization Mo Angels is part of. In her article, she describes the African startup ecosystem’s unique challenges, such as access to finance, talent gaps, and navigating complex regulatory landscapes across different countries. She explains how the “Catalytic Africa” initiative increases early-stage funding for African startups by connecting them with angel investors and providing matching grants. Anna mentions a trend towards a diversification of funding sources beyond traditional equity funding.