Biola Alabi joins Cairo Angels Syndicate Fund
Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, announced Biola Alabi joining as a venture partner. Alabi will join the team effective immediately and take the lead on origination, investments, portfolio management, and investor relations.
Alabi is an active angel investor and advisor to African technology and media companies. Alabi has been involved in myriad start-ups and venture capital funds in Africa as an investor, advisor, and board member.
“As the saying goes, ‘if you want to go fast, go alone, if you want to go far, go together,’ after my meeting with Aly in Lagos, I kept thinking of different ways that we could work together and collaborate so when the opportunity came up to join the fund it was a no brainer for me. I am excited to lead the expansion and bring these regional ecosystems together,” stated Alabi.
“It was clear from the moment I met Biola that we shared the same core values and approach to investing and supporting founders to build great start-ups right here on the continent. I am confident that as mission-driven local investors who have deep knowledge of our markets, we can offer something different to the investment ecosystem,” said Aly El Shalakany, CEO of CASF.