While this diversification may be seen as a strategic way to hedge risks, experts say this could inadvertently undermine the confidence in local founders and ecosystems.
Here’s a curated list of recently launched Africa-focused venture capital funds, with a focus on those established between January 2023 and September 2024:
The ASEP exchange program in China is part of the Algerian Startup Learning Expedition Program, implemented by Algeria Venture, an initiative of the Ministry of Knowledge Economy, Startups, and Micro-enterprises.
Many local VC firms across Francophone Africa, also, mostly focus on early-stage investments, providing crucial seed and growth funding to startups, although...
Remittances from the Zimbabwean diaspora reached $1.9 billion between January and September 2024, a 16.5% increase compared to the same period in 2023.
“The AAA rating allows us to forge stronger ties with Asian markets, enabling investments that drive economic development, job creation, and prosperity in Africa.”
Alya’s platform allows consumers to split purchases into two, three, or four interest-free instalments, providing an alternative to traditional credit.