Purchase the course

You can purchase access to the course for 1-year, and work through the content at your own pace.

Course Modules

Lesson videos, angel interviews, additional resources & templates

  • 1

    Welcome to the African Angel Academy

  • 2

    Introduction to Angel Investing

  • 3

    Module 1: Angel Investing Strategy

    • Introducing Module 1

    • 1.1. Strategy: Why, what and forms {LESSON}

    • 1.2. Strategy: Types and models {LESSON}

    • 1.3. Invest alone or as a group? {ANGEL INTERVIEWS}

  • 4

    Module 2: Deal Sourcing

  • 5

    Module 3: Due Diligence

    • Introducing Module 3

    • 3.1. The Due Diligence Process {LESSON}

    • 3.2. What do you look for when assessing a potential deal? {ANGEL INTERVIEWS}

    • 3.3. Initial Due Diligence {LESSON}

    • 3.4. What grabs your interest? {DISCUSSION}

    • 3.5. Formal Due Diligence {LESSON}

    • 3.6. How do you manage your Due Diligence process? {ANGEL INTERVIEWS}

    • 3.7. Additional Resources

  • 6

    Module 4: Deal Structuring

    • Introducing Module 4

    • 4.1. Deal Structuring and Parameters {LESSON}

    • 4.2. Term Sheets {LESSON}

    • 4.3. How do you approach Term Sheet Negotiations? {ANGEL INTERVIEWS}

    • 4.4. Deal Mechanisms {LESSON}

    • 4.5. Debt and Equity Structures {LESSON}

    • 4.6. Concluding The Deal {LESSON}

    • 4.7. Additional Resources

  • 7

    Module 5: Valuations

    • Introducing Module 5

    • 5.1. Introduction to Valuations {LESSON}

    • 5.2. Valuing Early-Stage Companies {LESSON}

    • 5.3. Mzuri Taxi Case Study & Valuation Model

    • 5.4. Introduction to the Case Study {LESSON}

    • 5.5. Multiples Approach {LESSON}

    • 5.6. Discounted Cash Flows Approach {LESSON}

    • 5.7. Venture Capital Method Approach {LESSON}

    • 5.8. Other Valuation Methods {LESSON}

    • 5.9. How do you Calculate Valuations? {ANGEL INTERVIEWS}

  • 8

    Module 6: Negotiations

    • Introducing Module 6

    • 6.1. Negotiation Principles {LESSON}

    • 6.2. Preparing for a Negotiation {LESSON}

    • 6.3. Negotiation Process {LESSON}

    • 6.4. Additional Resources

    • Join Our AAA Community

  • 9

    Module 7: Mentorship and People

    • Introducing Module 7

    • 7.1. Intro to Mentorship {LESSON}

    • 7.2. Mentorship Principles {LESSON}

    • 7.3. Your Role as a Mentor {DISCUSSION}

    • 7.4. The People {LESSON}

  • 10

    Module 8: Investment Management and Governance

    • Introducing Module 8

    • 8.1. Boards {LESSON}

    • 8.2. Adding Value and Hard Decisions {LESSON}

    • 8.3. Reporting and Portfolio Management {LESSON}

    • 8.4. How Do You Manage Your Investments and Add Value to Your Portfolio? {ANGEL INTERVIEWS}

    • 8.5. Additional Resources

  • 11

    Module 9: Exits

    • Introducing Module 9

    • 9.1. Understanding Exits {LESSON}

    • 9.2. Executing Exits {LESSON}

    • 9.3. Exit Options {LESSON}

    • 9.4. Additional resources

  • 12

    Module 10: Angel Group Management and Structure

    • Introducing Module 10

    • 10.1. Establishing Your Angel Group {LESSON}

    • 10.2. What Partnerships Do You Have With Other Organisations in the Angel Space? {ANGEL INTERVIEWS}

    • 10.3. Managing Your Angel Group {LESSON}

    • 10.4. How Do You Form and Manage Your Angel Group? How Do You Keep the Group Engaged and Motivated? {ANGEL INTERVIEWS}

    • 10.5. Co-Investing {LESSON}

    • 10.6. Angel Groups {DISCUSSION}

    • 10.7. Additional Resources

  • 13

    Module 11: Impact Investing

    • Introducing Module 11

    • 11.1 What Does Impact Mean For You {LESSON}

    • 11.2 Your Impact {DISCUSSION}

    • 11.3 Choosing Impact {ANGEL INTERVIEWS}

    • 11.4 Making investments {ANGEL INTERVIEWS}

    • 11.5 Adapting Your Investment Processes {LESSON}

    • 11.6 Managing investments {ANGEL INTERVIEWS}

    • 11.7. Measuring Returns {LESSON}

    • 11.8 Impact returns {ANGEL INTERVIEWS}

    • 11.9. Additional Resources

  • 14

    Course resources

    • Join the AAA Community

Course Instructors

What our alumni say

4 star rating

Wonderful

Kudzai Mubaiwa

I felt like the level the content was pitched at was adequate, not too simple nor technical. Awesome insights from the mix of video and text and locations. F...

Read More

I felt like the level the content was pitched at was adequate, not too simple nor technical. Awesome insights from the mix of video and text and locations. Felt very real. Great images too!

Read Less
5 star rating

Worth Every Minute

Noreen Makosewe

It's not easy to find a roadmap to angel investing in Africa. The programme offers useful insights and material for learning. The creators and instructors sh...

Read More

It's not easy to find a roadmap to angel investing in Africa. The programme offers useful insights and material for learning. The creators and instructors share their knowledge and experience without holding back. Definitely worth every minute spent watching the lessons and investor interviews, participating in the QandAs and masterclasses, and reading the resources (I recommend creating a Google Drive folder to save files and links for further reading shared). Also, connecting with other angel investors from different parts of the world and sharing resources and knowledge is priceless. Have recommended the programme to others in my network. Africa needs more angel investors and this program is definitely a great place to start.

Read Less
4 star rating

Great content

Sanjay Soni

Overall, great context and delivered in a easy to understand manner. Good infusion of theory and practical insights from industry experts

Overall, great context and delivered in a easy to understand manner. Good infusion of theory and practical insights from industry experts

Read Less

Find out more about the African Angel Academy, our partners and cohort programme options.