Dakar Network Angels begins startup investments in francophone Africa
The DNA supports and invests in innovative companies in WAEMU with a special focus in early stage and scalable startups in francophone Africa
We are a collective of experienced and committed investors attracted by entrepreneurship, technology and Africa
Join us in building the future of Africa
Why join the DNA? The DNA members are investment professionals and/or industry experts, selected for their ability to contribute in achieving the overall objectives. Members are significantly involved after the investment in helping portfolio companies achieve their goals.
Access to investment opportunities
Each angel will gain access to investment opportunities from around the UEMOA region, and they get insight into the pipeline of exciting new business development
Opt-in model in the investments
Investments in the startups presented in the Club are not mandatory, this is an entirely opt-in model. Investors will select investments and will receive their own (individual) shares in the companies they invest in
Active participation in the portfolio management
All members will be encouraged to become involved in the management of the investment portfolio as much as possible to mitigate the risk
Access to a Network of professionals
The DNA brings together individuals who are at the top of their respective fields and industries.
DNA members are either investment professionals or industry experts who commit to providing support to its investees (experience sharing, mentoring, providing networking opportunities, etc.) and likely to bring their experience, to share their network and to provide sound advice to foster the development and success of startups.They are based in the four corners of the world (Africa, Asia, Europe and America).
Support from Angels
The DNA not only provides capital to visionary founders, but also taps into the experience and network of its members to help accelerate startups growth.
We are actively seeking investment opportunities in companies which meet the following criteria: Technology or technology-enabled businesses solving real problems Has significant market opportunities in UEMOA Founders work on the product full-time Has scalability and ability to expand to at least 2 countries other than the primary market Has existed for less than 5 years Has the ability to reach hyper growth
Access to funding
The DNA can invest up to $200K collectively per round.
Mentorship & Training
The DNA organize periodic sessions to empower entrepreneurs in different aspects of their business - focused on investment readiness, product design, accounting etc.