HISTORICAL
The Mozambican Association of Business Angels (Associação Moçambicana de Business Angels – AMBA) is an association established in 2015 with a vision of establishing angel investing in the entrepreneurial ecosystem in Mozambique.
Created by a group of eleven founding members, AMBA’s mission is to champion the creation of a positive environment for the entrepreneurship ecosystem in Mozambique, focusing on the creation and development of an active Business Angels community, which will act as a pivotal institution in the development of the ecosystem.
AMBA intends solve or mitigate the handicaps entrepreneurship in Mozambique is faced with. AMBA positions itself as a pivot with the various relevant stakeholders, with a working methodology based on three pillars of engagement; facilitation, brokering and advocating for local private investment in innovative early-stage businesses.
WHO WE ARE
Edgar Baloi, is a Mozambican businessman. He has an MSc in Finance and Financial Law from the University of London and a Bachelor of Economics from the University of Cape Town.
In addition to the companies he leads in the ICT, reinsurance and agribusiness sectors, he has held positions in state entities (executive director of the Mozambique Commodities Exchange, non-executive director of the National Environment Fund and the Labor Mediation and Arbitration Commission) and associations (Chairman of the Public Services Division of the Confederation of Economic Associations – CTA). Edgar devotes part of his time in mentoring to young entrepreneurs, mainly in the areas of agribusiness, commerce and services.