AfDB approves €10m investment funding for African tech start-ups

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 94%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of €9.8 million to support venture capital

investments in African start-ups, from seed to growth stages.

The Innovation Fund focuses on financial inclusion , retail and logistics platforms targeting online/mobile consumers, healthcare technologies, pay-as-you-go ecosystem and off-grid energy technologies.More recently, the Innovation Fund has expanded its focus to include start-ups that are harnessing new digital opportunities created as a result of the Covid-19 pandemic, or with high potential to help fight the coronavirus.

Other investors include German KfW/Allianz GI’s AfricaGrow, public investment bank BPI and development finance institution Proparco, both of France, and Swiss impact investor Obviam.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 1. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

AfDB earmarks €10 million equity investment to drive Africa tech startupsThe investment will help Cathay-AfricInvest Innovation Fund meet its target of securing €110m to invest in over 20 early-stage ventures...
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »

AfDB earmarks €10 million equity investment to drive Africa tech startupsThe investment will help Cathay-AfricInvest Innovation Fund meet its target of securing €110m to invest in over 20 early-stage ventures...
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »

African start up, the Owlet is passionate about fixing a major market problem | TheCableThe startup culture in Nigeria is booming. In every corner, there is a young mind pondering how to provide payment solutions, disrupt one industry, or solve one major problem within PROMOTED: African start up, the Owlet is passionate about fixing a major market problem | TheCable You can DM about my Herbal mixture,it cure Diabetes in less than 2 weeks,u will be able to eat any kinds of food,don't allow Diabetes to send ur love one to their early grave,I'm legit,my Herbal mixture is 100% effective with no side effects,it is not bitter,u are next to be free
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »