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...
The fund will target startups from seed through Series B rounds, focusing on online-to-offline (O2O) platforms, B2B SaaS solutions, and fintech ventures.
The fund will target startups from seed through Series B rounds, focusing on online-to-offline (O2O) platforms, B2B SaaS solutions, and fintech ventures.
For these companies — names like Chipper Cash, LemFi, Flutterwave, and TapTap Send — a 5% tax on remittances out of the U.S. would have fundamentally altered their business models.