Angel investing is on the rise in South Africa, contrary to media reports about the lack of accessibility to private investors and their inability to fund new businesses. While South Africa still has its economic obstacles to overcome - fairly high inflation on fuel and food prices and a high unemployment rate - investors see that the only way to ease these dilemmas is by bringing more business into the country, since investing only stimulates and revitalizes an economy.
In recent years, South Africa has fought to pull itself out its financial shortcomings, leaping ahead of the rest of the continent in the ways of exporting, two-way trading with the UK and attempting to build those same economic relations in America. In turn, South Africa is both a promising market that seeks innovative business ideas and products, and a place where a growing number of entrepreneurs are looking to capitalize on that hunger for innovation, and want to embark on their own business venture.
Unlike banks or other financial institutions, angel investors are willing to take a chance and invest smaller amounts of money in high-risk businesses, with the hopes of gaining high returns within a set period of time (usually five to ten years). These wealthy individuals use their own funds to finance projects that they believe will be lucrative or where they can use their talent and skill to mentor new entrepreneurs.
Connect with potential angel investors and new business entrepreneurs on the Angel Investment Network, operating in countries all around the world.