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Sote Hub Founder Elected AFBAN’s Eastern Africa Chairman, Boosting Angel Investment Landscape

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The African Federation of Business Angels Networks (AFBAN) has appointed David Ogiga as its new Regional Chairman for Eastern Africa.

Mr Ogiga, the founder of Sote Hub, a member organization within AFBAN, brings a wealth of experience to the role.

AFBAN plays a crucial role in shaping the future of angel investing across Africa.

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The organization works to unite stakeholders within the continent’s startup financing ecosystem. This includes building networks of business leaders who can offer crucial support and financial resources to promising startups.

Additionally, AFBAN aims to strengthen the overall investment culture in Africa.

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A core focus for AFBAN under Mr Ogiga’s leadership is ensuring equitable access to funding for startups.

“The organization strives to achieve this by empowering and culturally adapting business angel networks. This approach aims to solidify the continent’s entrepreneurial community, enabling them to advocate for policy reforms and influence the overall business environment in Africa,” AFBAN noted.

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It’s important to note that business angels are individual investors who provide capital to startups in exchange for ownership equity within the company.

Their investments play a critical role in fueling innovation and growth for early-stage ventures.

Celebrating his appointment , the Association of Countrywide Innovation Hubs stated, “Let’s raise our glasses to David Ogiga, who has been elected as the Regional Chairman for the Eastern Africa region at the African Federation of Business Angels Networks (AFBAN)!”

Adding that: “As the founder of one of our Member Hubs, Sote Hub, we celebrate David’s leadership and the promising future ahead for Eastern Africa under his stewardship; as AFBAN continues to shape the landscape of angel investing across Africa.”

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Diana Mutheu
Diana Mutheu
Diana Mutheu is a Tech enthusiast, happy to delve deeper into the African tech space covering Social Media, AI, Startups, Telcos, Cryptocurrency, Big Data, Women in Tech and all matters Tech. Write to me @[email protected]

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