Nigerian Biola Alabi Joins Cairo Angels Syndicate Fund as Venture Partner

Biola Alabi, a Nigerian angel investor is joining Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, as a Venture Partner. Biola will join the team effective immediately and take the lead on origination, investments, portfolio management, and investor relations.

The newly announced venture partner has been an active angel investor and advisor to African technology and media companies. Biola has been involved in numerous startups and Venture Capital Funds in Africa as an investor, advisor, as well as board member. Owing to her reputation as a leader in the community, and fueled by her passion to support up-and-coming talent, she is also the founder of Grooming for Greatness (G4G), a fellowship and mentorship program aimed at cultivating leadership skills in young, aspiring professionals and entrepreneurs across the continent.

Biola Alabi, the new Venture Partner at CASF expressed delight in joining the CASF team to lead the expansion and bring these regional ecosystems together.

“As the saying goes, ‘if you want to go fast, go alone, if you want to go far, go together,’ after I meet 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.”

Aly El Shalakany, CEO of CASF explained “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 startups 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 African investment ecosystem.”