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The African Business Angels Network (ABAN) has announced it will host the fourth edition of its African Angel Investor Summit in November, with this year’s event moving to Cape Town for the first time.

The 2017 edition of the summit will be held on November 15 and 16, and this year will be held in Cape Town, South Africa; having taken place in Lagos, Nigeria, in previous years.

The two-day event – hosted by ABAN in partnership with VC4Africa and SABAN – promises to bring together angel investors, the venture capital community, corporate partners and government representatives to exchange best practices, share lessons learned, and shape the roadmap for early stage investing in the future.

In addition, this year’s summit will partner with XL Africa – a five month accelerator programme for African digital startups, launched recently by the World Bank Group.  The programme offers participants a tailored curriculum and mentoring, as well as help in securing up to US$1.5 million in early stage capital.

The 20 startups selected to join the inaugural XL Africa cohort – with applications currently ongoing – will attend the summit in November, where they will pitch their businesses and network with event attendees.

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