Pule Taukobong is the founder of Africa Angels Network (AAN), an investment holding company that invests in Africa-focused startups, primarily in the technology sector. Its mission is to fuel economic growth in Africa by identifying and investing in high potential startups. AAN also matches its entrepreneurs with highly qualified mentors that are specifically related to their industries. Taukobong tracks the group’s deal flow and performs industry and financial due diligence on both incoming business plans and targeted companies. He also mentors entrepreneurs in AAN’s portfolio and sits on several startup advisory boards.
Taukobong believes that Africa has highly educated and talented youth with a strong passion for entrepreneurship. But their potential will go unrealized without the active engagement of angel investors. Angel investors bring necessary capital, but, more importantly, they lend entrepreneurs their expertise and network which is so often missing. Setting up a thriving business is wrought with challenges, yet entrepreneurs with the right support have improved chances of success.
Prior to founding AAN, Taukobong was an institutional client manager at Investec Asset Management (IAM) in New York. Before that, he was a sales manager responsible for New Business Development in IAM’s Retail Sales Team in South Africa. Within Investec, Taukobong was also a Private Client portfolio manager and Wealth manager.
Taukobong graduated from the Durban University of Technology and is a Kauffman fellow.