The African Angel Academy (AAA), an angel investor training organization, has launched its 12th cohort adding to the more than 770 investors it has trained from over 26 African countries.
The Academy has unlocked $53.6 million in funding for startups and innovation. Of this total, $7.2 million represents direct investments by AAA-trained angels, while curated startup showcases alone have generated 10 deals worth $1.8 million 2. Cohort 12 brought together over 100 participants from more than 25 countries including Nigeria, Kenya, South Africa, and Egypt.
“Angel investing in Africa has moved beyond hobby investing; it is now a strategic lever for economic transformation,” said Stephen Gugu, Angel Investor, Co-founder of the African Angel Academy, and Director at ViKtoria Ventures. “In Cohort 11, we saw angels back early-stage ventures with cheque sizes ranging from $1,000 to $50,000—amounts that are often too small for venture capital but transformational for founders. These investments are fast, flexible, and perfectly suited to the opportunities created by Africa’s rapid digital adoption.
In 100 participants in Cohort 11, sixty percent were new to angel investing, and thirty-five percent were women—well above the global average of 20-30% female representation in angel networks.
Cohort 12 offers two sequential tracks: Mechanics of Angel Investing (September 17 – October 29, 2025), a foundation-level course for new angels, and Advanced Angel Investing (November 5 – December 10, 2025), a deep dive for experienced investors. Participants can join either track individually or complete both as part of the Full Programme Experience. Delivered fully online, the program blends self-paced modules on Thinkific, live Q&As and masterclasses via Zoom, simulations, and peer engagement on WhatsApp.
Applications for Cohort 12 close September 10, 2025. For more information or to apply, visit: https://bit.ly/AAACohort12Application
