Dealum partners with ABAN to strengthen angel investing across Africa

Dealum is excited to announce a new partnership with the African Business Angel Network (ABAN), a pan-African association dedicated to building and connecting early-stage investor networks across the continent.

Founded in 2015, ABAN connects more than 5,000 business angel investors through over 75 member networks spanning 37 African countries and the diaspora, making it one of Africa’s most influential early-stage investment communities. By supporting collaboration between investor groups, promoting best practices, and strengthening cross-border investment activity, ABAN plays a central role in developing the continent’s early-stage financing infrastructure and expanding access to capital for high-growth startups.

Africa’s startup ecosystem has grown rapidly over the past decade, driven by rising cross-border investment and an increasing number of angel networks backing early-stage founders. However, many investor groups still rely on fragmented tools and manual workflows, limiting coordination, transparency, and visibility across markets. The partnership between Dealum and ABAN seeks to address these structural challenges by introducing shared digital infrastructure designed specifically for investor networks operating at scale.

“We are thrilled to welcome Dealum as ABAN’s newest partner. Through this partnership, we will build a more connected, efficient, and impactful early-stage investing ecosystem across the continent,” said Fadilah Tchoumba, the CEO of ABAN.

Dealum will provide its end-to-end dealflow and portfolio management platform to ABAN’s network members, enabling angel networks to streamline the full investment journey – from deal sourcing and evaluation to syndication and post-investment reporting –while reducing administrative workload and improving stakeholder collaboration.

“Africa’s early-stage investment ecosystem is evolving rapidly, and structured collaboration is key to unlocking its full potential,” says Seren Rumjancevs, CEO of Dealum. “This partnership goes beyond technology. We’re proud to support ABAN and its members with tools that help investor networks operate more efficiently, collaborate across borders, and ultimately unlock more capital for African-born innovation.”

By working together, Dealum and ABAN aim to strengthen the infrastructure supporting early-stage investment across Africa, enabling investor networks to adopt best practices, improve coordination between markets, and create more efficient pathways for capital to reach promising startups.

The partnership builds on Dealum’s broader collaboration with angel investment and venture ecosystems worldwide, including organizations such as EBAN and the Angel Capital Association (ACA), alongside regional angel investor associations across Europe, North America, and beyond. Through these collaborations, Dealum helps investor networks standardize processes, improve cross-border coordination, and strengthen the operational foundations of early-stage investing.