African startup funding broke new records in 2022 reaching $4.8 billion, according to data from startup tracker, Africa: The Big Deal. Your email address will not be published. All rights reserved. But were not just solving socio-economic issues: Were also offering micro-entrepreneurship and income generating opportunities to our growing network of agents across the country.. "Legitimate Opportunities for Entrepreneurs Available Now" 2024 Opportunity Desk 1 min read January 18, 2023 Members. Many will also remember 2022 as the year of mass layoffs. Available free as part of an open-sourcing initiative with industry partners, alongside the full list of 481 Nigerian tech startups. A digital tech boom is happening across Africa. In the third quarter of 2022, funding declined by 55 per cent year-on-year. Scholarship 4dev After several years over year and quarter over quarter, the African Fintech sector continues to represent the majority of funding raised on the continent in 2022. Now, we aim to expand our portfolio of real-world commercial projects, with partners like French-based Plastic Odyssey, a global expedition that uses our Beetle on their ship to show people around the world how to add value to plastic pollution. Subsidiary of @AFD_France/@AFD_en, @annesophieave @ChiefBenson2 @AFD_France With #ChooseAfrica, @AFD_France Group makes all its tools available to African start-ups, microenterprises and MSMEs to finance and assist them at the various stages of their development, particularly through local partners supported by the Group, more on: https://choose-africa.com/en/, La Directrice du dpartement Pilotage du Rseau de @Proparco, Myriam Brigui, prsente l'initiative #ChooseAfrica de soutien aux #startup et PME en #Afrique : "Depuis 2018, ce sont 120 M de financements qui ont t engags au bnfice des start-up/TPE/PME tunisiennes ", #COP27 : sur le fonds ARAF d'@Acumen que nous soutenons, via la facilit FISEA+ du Groupe @AFD_France qui fait partie de #ChooseAfrica. Commonwealth Scholarship 2025 In October 2021, Payday raised a $1 million pre-seed fund to "build PayPal for Africa". Talk360s payment platform will integrate all payment options in the continent creating a diverse pool of localized payment options, making it easy for international and local businesses to sell to buyers residing in Africa. It will also be opened to other merchants, Talk360 said in a statement. The biggest tech hubs kept their strong leads with Nigeria and Kenya each topping a billion dollars in funding. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info). Financial institution dedicated to boosting the contribution of the private sector to the sustainable #development goals. ScarabTech, a cleantech start-up, is planning many commercial projects in Africa, Asia, and Australia as a result of a seed funding round from GIIG Africa Fund, a profit and purpose fund. "African economies are in danger of even further marginalisation due to macro trends towards economic deglobalisation. The Nigerian Startup Ecosystem Report 2022 from Disrupt Africa dives into the Nigerian ecosystem by analysing active startups, local support networks, and funding and exit activity over the last 7.5 years. Among the 25 Business Grants for African Entrepreneurs and Startups listed below you will find good funding opportunities for Africans. Briter Bridges: African startups raised $4.9 billion in total estimated funding $4.65 billion disclosed and about $300 million undisclosed. Pre-seed funding is an early funding round in which investors provide a startup business with capital (sometimes up to $2 million) to develop its product in return for equity in the company. Over $150,000,000 Opportunities for African Entrepreneurs Scholarship Postions Undergraduate Scholarships for African Students The African Business Angel Network (ABAN) is a pan-African non-profit association. Undergraduate Scholarships for Africans The program offers to provide technical assistance and catalytic partnerships to 10 to 15 digital start-ups with a high investment capital impact (in the form of an equity investment, convertible debt or a SAFE investment of up to EUR 300,000), so that they can develop solutions for underserved populations on fragile and border markets. Short Term Training Scholarship for Developing Countries 2025 This support and financing mechanism covers 45 African countries. As a result, global startup funding was slow. Local partners The management of the Digital Africa seed fund is delegated to AFD Groups local partners. Scholarship Positions for Developing Countries If not, they can cease to exist for instance, Kenya-based food startup Kune. Below is the list: The largest funding round $8.7 million went to Paebbl, a Scandinavian startup that combines captured carbon with abundantly available minerals to create a carbon-negative raw . Early-stage entrepreneurs across the region are creating innovative online and offline models responding to critical products and service needs. African Union Scholarships 2023 Co-Creation Hub A small number of other organizations and foundations are also stepping up to help African startups grow. Startups raised $4.6 billion in 2021 itself a record year. Although it is difficult to find, there are several different sources of startup funding, including private investors, foundations, and angel investors. Google want to bridge the existing fundraising gap for Black startup founders in Africa's fast-growing technology landscape. Sponsored Short Courses for Developing Countries 2023 witnessing more VC investments in H1 2022. Innovative start-ups/SMEs (health, biotechnology, environment, etc. Advance Africa Scholarships 2025 Opportunities for Africans 2023 Egypt remained the destination for venture capital in North Africa, as a $50 million round led by PayPal Ventures in fintech startup Paymob showed. AFD Group is convinced that start-ups play an essential role in developing innovative solutions that meet the needs of developing and emerging countries. With its Digital Africa seed fund, AFD is supporting four programs to assist and finance digital start-ups right from the start of their activity. JICA Business Funding for African Startups and Businesses Journalism and Media Innovation Reporting Grants in Africa KCDF Giving For Change Grants in Kenya LeadTech Grants for African Female Entrepreneur Loans and Grants for Small and Big Business MICF Business Grants in Malawi for Economic Resilience and Recovery Uganda dfcu Bank Partners CR2 for ATM, Card and Payments Platform, This round of equity-led investment is a significant achievement for the team and will help us prove out our technology for global distribution. Commonwealth Scholarships for International Students Business Insider Africa presents 10 African startups that have sealed the largest funding rounds in January 2022. Scholarships for Developing Countries 2024 Commonwealth Shared Scholarship 2025 They use World Bank Scholarships for Developing Countries The app has active users in more than 170 countries, including South Africa, Zimbabwe and Bangladesh. And last year, Y Combinator intensified its participation in Africa. And for those writing, theyre going back to 2018 times where they take months for due diligence. 2022. Scholarships for Africans In addition to being sports fans, the founding team has a decade-long association with startups and now unicorns Flipkart and Udaan. The CV VC African Blockchain Report successfully depicts a unique holistic overview of blockchain in Africa, which will facilitate funders to make a better judgment of Africa's investment potential. The AFD Digital Challenge is an annual competition which rewards five to ten start-ups that have developed innovative solutions for Africa. Based on the results of the period to prepare the support, the Foundation will be able to allocate a loan to start-ups whose repayment potential has been validated. But Algeria and Tunisia also feature in the top 10, the former boosted by a $150 million round by Yassir, one of a few African startups aiming to build a WeChat-like super app. IPAT will provide the selected companies with funding (in the form of repayable advance) ranging between EUR 20,000 and EUR 300,000. Opportunities for Entrepreneurs 2023 The Tony Elumelu Foundation has also partnered with the Global Founders Capital to offer grant money for African startups. "As the world enters the decade of the fourth industrial revolution, building on blockchain as a transformative tech, it is worth recanting the main theme from this year's WEF, Working Together and Restoring Trust. "We focused the report on a data set of 40 African blockchain companies. Opportunities for Entrepreneurs 2024 Opportunities Desk It has invested in over 20 African startups including TalentQL, Indicina, Simpu, Julaya and Thndr from this fund. Despite the continent witnessing more VC investments in H1 2022 compared to H1 2021 (an estimated $3 billion pumped according to several data trackers), it has yet to mint a single unicorn after eight months. Aside from closing 43 deals, it also increased its standard deal size to $500,000 from $125,000. Marketforce, Mono, PiggyVest, RelianceHMO and Nomba are some notable names on its portfolio. As a result, early investors in these companies are rewarded with lucrative exits. This fund will be given along with mentorship support and Google platform credits to help the startups grow. Short Term Training Scholarship for Developing Countries 2023 Opportunity Desk Scholarship 2024 Tripesa began life as an online travel marketplace called RoundBob, which was forced to close as the tourism industry ground to a halt due to COVID-19. The findings demonstrate how nations and stakeholder capitalists are beginning to step in and embrace Africa's self-determining participation in the fourth industrial revolution. Once the company has its start-up funding, it will start growing fast and attracting customers. Africa Startup Initiative Program (ASIP) 2023 for African tech startups. Commonwealth Scholarship 2023 Many Africans cannot rely on vast, centralised, regulated infrastructural systems. ), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. So now, we are dedicating $10 million to this category of slightly more mature businesses going through a rough patch because the market is very tight.. But Ventures Platform will likely beat this number this year because it recently, maintained their upward trend despite this slowdown, How SecondSTAX is promoting cross-border capital investments in Africa, The World Bank expects all West African countries to grow in 2023, except one, Canadian Deputy High Commissioner, Captains of Industries, Grace CSR-in-Actions 11th SITEI Conference. African Union Scholarships 2025 Founders Factory Africa closed 18 deals in 2022, ranking it ninth among Africas top investors. It allows entrepreneurs to acquire the office space, hire staff, and purchase equipment that is essential for their businesses. Talk360 users make calls at a fee, with its platform built in such a way that only the initiator needs the app and internet a smartphone to make calls. Whereas in Q1 2022 they raised about $1.8 billion, according to data tracked by. African startups have great business ideas, but they need seed funding to get going. Scholarship-positions.com Uk World Bank Short Courses for Developing Countries Undergraduate Scholarships for African Students 2023 Seed funding for African startups can support a wide range of companies. Our objective with the African Blockchain Report is to share a data-driven account of blockchain in Africa and begin an annual collation of benchmarkable venture data and solidly referenced African insights. Yet in what happens to be the first time since at least early 2019, it briefly gave up the first place to Logistics & Transportation in the final . Techstars has been active in Africa since 2015 when it first invested in MAX, a mobility startup. Nigerian startup GetEquity launched in 2021 with pre-seed backing from GreenHouse Capital. Download our brochure on the Digital Africa fund, Digital Africa fund: Supporting digital startups in Africa. Your email address will not be published. How Libyas petroleum sector is taking a tough route to democracy. Youth Entrepreneurship Grants in Africa 8. 2024 Grants for Small Business in Nigeria Funding for African Businesses The startup also has a network of agents, including PesaPoint in Kenya and Flash in South Africa, which enable users to purchase airtime vouchers from more than 750,000 physical points of sale. PhD Scholarships for International Students - Fully Funded! Copyright 2022 Zawya. Since the beginning of 2022, the US, Asian, and European money markets have been on a decline. Business Grants for African Entrepreneurs 2024 If you are an entrepreneur looking for local investors, please contact directly our local partners. The company said its internet calling app has connected 2.3 million people worldwide so far this year, and attained 167% growth in customers and 130% in revenues. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. . African Scholarships for Undergraduates Insights from two Black tech founders in Philly on raising capital from VC's, even when the percentage of money going to Black founders is so low. FloatGhana Founded by Jesse Ghansah and Barima Effah, Float, formerly known as Swipe, was launched in June 2021 as a cash management and credit provider fintech company for Africa's fast-growth companies. Minly Egypt's Minly has created a quirky offering for the MENA region, allowing users to buy personalised video messages and shoutouts from their favourite celebrities. The technology aims to address the growing impact of single-use plastics on the health of both local communities and the environment, while also providing a sustainable source of energy and job creation to address energy poverty and power micro-economies in underserved communities throughout Southern Africa and the world. 20 Business Grants for African Entrepreneurs and Startups As the global venture capital market slows, Africa charts its own course, Africas startup market is bucking the global slowdown. There were notable milestones outside the top 10, like in Sudan where payments platform Bloom became the countrys first startup to participate in the Y Combinator accelerator program, subsequently raising $6.5 million seed money in a round co-led by payments giant Visa. Previously we were angel funded between 2018 and 2022, notes Jeffrey Barbee, co-founder and chief executive of ScarabTech. Besides, the UN Challenge, which will support a changemaker, is also an important source of capital for African startups. The GSA is Africas largest independent start-up ecosystem competition and an exclusive mechanism for the GIIG Africa Develop to locate, fund, and scale Africas most innovative entrepreneurs with SDG-aligned clean energy solutions. Commonwealth Shared Scholarship 2024 Prospectus Most notable in the report is the evidence of the brilliant mindset, energy, and tech capability of the many great founders who are leading the African blockchain revolution in a manner that is exemplary to the rest of the world. Opportunities for Africans 2024 Financial institution dedicated to boosting the contribution of the private sector to the sustainable #development goals. Scholarships for Developing Countries 2025 Swedish Scholarships for African Students to help it expand across East Africa. Foreign investors have been dominant contributors to Africas numbers since 2015. Developing Countries Scholarships For early-stage startups running out of money, having raised and spent several million dollars in the past couple of years, access to follow-on capital required to transition to the next growth phase is crucial. Scholarship for Developing Countries 2023 The report's headline findings: - Companies raised $91m in Q1 of 2022, a staggering 1,668% YoY increase from Q1 of the previous year; - When comparing Q1 2021 vs Q1 2022, venture funding for African blockchain startups far outpaces the growth seen in general African venture funding - 1,668% vs 149% - showing 11 times the level of growth on a YoY basis; - Africa is the fastest adopting crypto . Commonwealth Shared Scholarships 2025 These projects, and other in the field, are validating our business model and technology in its intended operating environment, a crucial step before we scale the business to start making an impact in the fight against plastic waste. Commonwealth Scholarship Malaysia Catalyst is a multi-stakeholder initiative that aims to increase the capital reserve available for promising African entrepreneurs in the growth phase, and to support the start-up ecosystem, including hubs and the business angel networks. Flat6Labs, an Egyptian accelerator, comes in at sixth place among Africas top investors. Objectif : renforcer la rsilience climatique des petits exploitants agricoles en #Afrique de lEst et de lOuest https://www.proparco.fr/fr/actualites/en-afrique-subsaharienne-le-fonds-araf-renforce-la-resilience-climatique-des-petits, Proparco et @EcobankSenegal collaborent pour soutenir l'accs au financement des #PME sngalaises , grce 2 garanties de portefeuille ARIZ et #EURIZ Ce projet s'inscrit dans l'initiative #ChooseAfrica mise en uvre par le Groupe @AFD_Francehttps://urlz.fr/jOhN, 2023 Copyright Choose Africa | Legal information | Website by l'Autre Tribu, committed to support African digital start-ups by 2022, Capacity building for hubs, incubators and accelerators, Financing for digital start-ups in the seed phase, Choose Africa Resilience: our response to the economic crisis triggered by Covid-19, Legafrik, legal and fiscal platform in Abidjan, Amitruck, digital platform for logistics in Kenya, Coliba, a waste treatment start-up in Abidjan, In Douala, Ejara, shows the opporrtunities of cryptocurrency, https://www.accion.org/how-we-work/invest/accion-venture-lab, Nigeria, Cameroon, Cte d'Ivoire, Egypt, Kenya, Algeria, Madagascar, Morocco, Senegal, Uganda, South Africa, Mauritius, Tunisia, Ghana, Chad, Ethiopia, Mozambique, Democratic Republic of Congo, Liberia, Botswana, Namibia, Gabon, Malawi, Gambia, Benin, Mali, Burkina Faso, Republic of Congo, South Africa, Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Comoros, Congo, Democratic Republic of Congo, Cte d'Ivoire, Djibouti, Egypt, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Equatorial Guinea, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Morocco, Mauritius, Mauritania, Mozambique, Namibia, Niger, Nigeria, Uganda, Rwanda, So Tom and -Prince, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, South Sudan, Swaziland, Tanzania, Chad, Togo, Tunisia, Zambia, Zimbabwe. Subsidiary of @AFD_France/@AFD_en, @annesophieave @ChiefBenson2 @AFD_France With #ChooseAfrica, @AFD_France Group makes all its tools available to African start-ups, microenterprises and MSMEs to finance and assist them at the various stages of their development, particularly through local partners supported by the Group, more on: https://choose-africa.com/en/, La Directrice du dpartement Pilotage du Rseau de @Proparco, Myriam Brigui, prsente l'initiative #ChooseAfrica de soutien aux #startup et PME en #Afrique : "Depuis 2018, ce sont 120 M de financements qui ont t engags au bnfice des start-up/TPE/PME tunisiennes ", #COP27 : sur le fonds ARAF d'@Acumen que nous soutenons, via la facilit FISEA+ du Groupe @AFD_France qui fait partie de #ChooseAfrica. Grants for Entrepreneurs 2024 Some African startups have attracted interest from Silicon Valley venture capital firms. Short Term Training Scholarship for Developing Countries 2024 Opportunities for Nigerians The body of the text is provided on an as is and as available basis and has not been edited in any way. The continent's tech economy is its stronghold Concluding the launch of the African Blockchain Report, Ian Putter, head of the Blockchain CoE&CA Training Office at Standard Bank Group, the largest African bank by assets, said: Africa matters. African Union Scholarships 2024 Kenya: Call for Applications for Startup Funding We are also very proud to give an assessment of the regulatory landscape and a magnetic introduction to some of the greatest blockchain minds on the continent." Africa offers lucrative investment opportunities The African continent is emerging as a vibrant technology investment location. In the third quarter of 2022, funding declined by 55 per cent year-on-year. So if a startup has a short runway, you need someone who can give you money and will not take five months to make a decision, added Amzat referencing his funds capacity to fill in this need. But its also pertinent to know where this liquidity is coming from. In the same month, it made history as the first Rwandan startup to get into the Techstars Toronto Accelerator Program. They are awarded to entrepreneurs who can demonstrate growth and provide jobs. Following a preselection process, entrepreneurs will have access to operational experts who will help them prepare a 6 to 12-month action plan for their development. 2021 Innovating Justice Challenge: 10,000 Non-equity Seed Funding. scholarships for Developing Countries in Africa Launched in 2021 by Favour Ori, the Rwandan fintech is facilitating sending and receiving money globally from Africa. A Google for Startups initiative giving access to funding to Black-founded startups in Africa. ScarabTech, which was founded in 2018, specialises in the development of small-scale and extremely efficient plastic-to-energy devices known as Beetles. These machines, which were created utilising specific software algorithms and design, heat plastic waste, creating a vapour that is then caught and reconstituted into carbon-neutral fuel that can power generators and engines. Podeum was founded in 2022 by Ayush Prashant, Dhananjay Mishra, Mayank Sharma, and Parthsarthi. The Silicon Valley-based VC firm entered the African market in 2020 by opening an office in Johannesburg. Scholarship for Developing Countries 2025 Notably, Nigerian startups accounted for one-third of Googles beneficiaries in 2022. From the ashes, however emerged Tripesa, which is building infrastructure and logistics to help companies . Undergraduate Scholarships for African Students 2024 It's more than a 250% increase from last year's . A pre-seed startup investment round precedes Seed and Series A rounds, and may follow funding from an angel round or a period of bootstrapping with your . While it is a fact that African nations are among the fastest crypto adopters globally, the CV VC report moves past crypto. Undergraduate Scholarships for African Students 2025 ScarabTech, a cleantech start-up, is planning many commercial projects in Africa, Asia, and Australia as a result of a seed funding round from GIIG Africa Fund, a "profit and purpose" fund. Grant Opportunities for Entrepreneurs 2023 Required fields are marked *. AFD supports structures that encourage innovation and entrepreneurship, such as incubators, accelerators and hubs. Opportunity Desk 2025 Last year, the global economy struggled. Founded in 2017, this startup raised $1.1 million in seed funding. Free Grant Money For Anything in Africa. Current Scholarships 2023/2024 - Fully Funded, Full Undergraduate Scholarships 2023/2024, Fully Funded Masters Scholarships 2023/24. Grants for Startups in Kenya 2025 Opportunity Desk | the One Stop Place for Global Opportunities! This support mainly targets start-ups financed by AFD Group via PROPARCO & FISEA and addresses the following issues: Consult the list below to see the local partner incubators and find out more about the services available (financing, mentoring, training, etc.). They receive a EUR 20,000 award and a year of support to continue and implement their project. AFD supports incubators, hubs and accelerators that promote innovation and entrepreneurship. Many will also remember 2022 as the year of, Ventures Platform has made over 60 investments since its launch in 2016. This funding is crucial to African startup growth, and it will boost the economic growth of Africa. Seed Funding for African Startups 2023 They have real potential in terms of job creation and impacts on Africas development. Loans and Grants for Small and Big Business 2025 Commonwealth Scholarship 2024 Startups raised $4.6 billion in 2021 itself a record year. Last year, Disrupt Africa revealed that 564 tech startups raised over $2 billion in 2021. 2024 Opportunities for Africans Start-up support structures (incubators, accelerators and hubs) to build their capacities and become more professional. Business Grants in Kenya 2024 Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Reddit (Opens in new window). The Mauritius-based VC closed 60 deals in 2022, averaging more than one deal every week. The Importance of Brand Reputation Management, Navigating the Future of Online Retail: A Look at the Latest Developments in E-Commerce, Ideas For Managing and Reducing Business Risk. Opportunity Desk Scholarship 2025 Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. Objectif : renforcer la rsilience climatique des petits exploitants agricoles en #Afrique de lEst et de lOuest https://www.proparco.fr/fr/actualites/en-afrique-subsaharienne-le-fonds-araf-renforce-la-resilience-climatique-des-petits, Proparco et @EcobankSenegal collaborent pour soutenir l'accs au financement des #PME sngalaises , grce 2 garanties de portefeuille ARIZ et #EURIZ Ce projet s'inscrit dans l'initiative #ChooseAfrica mise en uvre par le Groupe @AFD_Francehttps://urlz.fr/jOhN, 2023 Copyright Choose Africa | Legal information | Website by l'Autre Tribu, committed to supporting African start-ups by 2022, in partnership with local partners, Choose Africa Resilience: our response to the economic crisis triggered by Covid-19, Digital Africa initiative, AFD assists the most vulnerable digital start-ups, AFIDBA (AFD for Inclusive & Digital Business in Africa), https://www.accion.org/how-we-work/invest/accion-venture-lab, Nigeria, Cameroon, Cte d'Ivoire, Egypt, Kenya, Algeria, Madagascar, Morocco, Senegal, Uganda, South Africa, Mauritius, Tunisia, Ghana, Chad, Ethiopia, Mozambique, Democratic Republic of Congo, Liberia, Botswana, Namibia, Gabon, Malawi, Gambia, Benin, Mali, Burkina Faso, Republic of Congo, South Africa, Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Comoros, Congo, Democratic Republic of Congo, Cte d'Ivoire, Djibouti, Egypt, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Equatorial Guinea, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Morocco, Mauritius, Mauritania, Mozambique, Namibia, Niger, Nigeria, Uganda, Rwanda, So Tom and -Prince, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, South Sudan, Swaziland, Tanzania, Chad, Togo, Tunisia, Zambia, Zimbabwe. Last year, top investors such as Tiger Global, SoftBank and Sequoia Capital put several million dollars into African startups, especially unicorns, in what was a boost to the continents local ecosystem. They enjoy large market opportunities and boast high growth rates . In 2022, it was the seventh-most active investor in Africas startup ecosystem with 20 deals. Digital Africa funds Under this initiative, Agence Franaise de Dveloppement (AFD) is making the EUR 15m Digital Africa seed fund available to innovative African start-ups. Grants for African Entrepreneurs 2025 2024 Business Grants A large portion of this seed funding was invested in fintech startups. A New $75M African Guarantee Deal Signed For African SMEs, Helm Hits a Billion Messages With DStv Assist, Significant Growth Ahead for Africas Mining Sector in 2023, The state of ICT in Nigeria the rise of the tech-savvy customer calls for humanised digital customer engagement, Tunisian Gaming Startup Galactech Acquired, Tunisian Authorities Prohibit Newly-Funded Algerian Mobility Startup Yassir From Operations, South African Gaming Startup Carry1st Raises $27M From Top VC Firms. Save my name, email, and website in this browser for the next time I comment. Flat6labs invests in startups in the Middle East and North Africa Region and has active seed funds in Egypt and a sister fund in Tunisia. The biggest tech hubs kept their strong leads with Nigeria and Kenya each topping a billion dollars in funding. Loans and Grants for Small and Big Business 2023 Most investors are not writing checks right now. Commonwealth Shared Scholarships 2023 December 13, 2022. South Africas Talk360 raises $4M to build single payment platform for Africa. AUC Venture Lab 5. entrepreneurial solutions partners (esp), in partnership with the u.s. african development foundation (usadf) and close collaboration with ecobank, has launched the african resilience initiative for entrepreneurs (arie) - a pan-african initiative to provide financial and technical assistance to 300 entrepreneurs (approximately 70% of whom will be

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