Co-founders believe, “the future is Africa”
MIAMI, FL, April 05, 2022 /24-7PressRelease/ — Co-founders, Boum III Jr and Anthony Miclet, are eager to unveil the first iteration of their Africa-focused investment platform, daba, to waitlist members. The waitlist, which quietly opened in the fall of 2021 on dabafinance.com, has substantially grown to more than $2.5M USD in capital pledges towards promising African investment opportunities. Effectively, daba is building Africa’s very first social investing application, allowing both tenured and novice investors to seek out opportunities to invest in Africa’s public and private markets.
daba, an abbreviation for “Democratizing Access to Business in Africa” and homage to a shovel-like tool used for agriculture in Ivory Coast, has a mission of just that: making investing in Africa possible for investors at every level. The startup understands that more than half of the world’s fastest-growing economies are in Africa. This understanding coupled with the significant economic growth and lack of investment avenues for retail investors lay a firm foundation for growing investor interest in Africa as an investment destination. “Now is truly an opportune time to invest in Africa,” said Anthony, who also serves as the Head of Product and co-founder of daba alongside Boum. “With recent cultural and economic trends, a lot of eyes are on the continent. It’s safe to say the world is slowly catching up with what many on the continent have known for a long time. The future of investing is Africa.”
To elevate their commitment to making investing in Africa accessible to everyone, daba’s application will be completely free to download and use. However investors who are looking for an enhanced investment experience with access to additional investment intelligence, pre-built managed investment portfolios, investment recommendations and more; can purchase an affordable premium subscription. “We’ve designed daba to be an all encompassing tool, from investment discovery, capital deployment to portfolio tracking and management,” said Boum. “Everything you need to invest in and out of Africa, we have available on daba.”
Part of daba’s novelty is social investing. “Democratizing investing is connecting people from all walks of life and facilitating information exchange. With daba’s social investing capabilities you can follow experts, discuss and copy strategies, share investment ideas and grow your network in a meaningful way.”
For those interested in joining the “Africa investment revolution,” as declared by daba’s co-founders there’s still time. “Those on the waitlist will get early access to our invite-only beta launch.” said Anthony. While awaiting the imminent launch of daba’s beta application, waitlist members can enjoy free features such as daba’s information-rich newsletter, daily investor updates and investment insights.
daba is a simple app to access investment strategies and build wealth by investing in Africa’s best private and public market opportunities.
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