Investment group Ingressive and Starta, a business support platform for startup founders and SME entrepreneurs in Africa are set to host The High Growth Africa Summit, a 2-day conference on how to build, scale and fund high growth businesses in Africa on November 17-18, 2016.
“We fundamentally believe that billion dollar businesses will be built in Africa by Africans,” said Dotun Olowoporoku, Managing Partner at Starta. “We know that technology will enable Africans to build these faster and in more efficient ways than generations before us. Our goal is to help entrepreneurs who are serious and committed to building such businesses. The High Growth Africa Summit is one of the ways with which we seek to achieve that.”
Starta and Ingressive say the Summit is a culmination of the 2016 tech tour, and features leading players in the global tech ecosystem including Monique Woodard, Venture Partner at 500 Startups; James Lyle, Founder of Fulmar Advisor; Yvonne Wassenaar, CIO of New Relic (NYSE: NEWR); as well as executives from GitHub and Google.
Over 250 pan-African entrepreneurs and 100 global investors are expected to gather at Victoria Island, Lagos with a chance for budding Nigerian entrepreneurs to win one of four free tickets to private meetings with key investors at The Summit.
Speaking on the potential of the African market as a promising space for foreign investment, Maya Horgan-Famodu, Founder at Ingressive says, “iROKO brought 30x ROI to their initial investors. Goldman Sachs and Mark Zuckerberg have made bullish Nigerian investments in the last year and we just hosted Michael Seibel and Qasar Younis of YC in September.”
Maya adds that the world is ready for African tech and the question now is which investors will win the market first. ”It’s a standoff, and Ingressive is here to bring those ready to invest and advise into the ecosystem,” she concluded.