Yango Ventures launches to back African startups with $20M fund
- Yango Ventures launches a $20 million fund to support startups across sub-Saharan Africa and other regions.
- The fund aims to provide funding, mentorship, and access to a vast network for startups to scale.
- Yango Ventures plans to run networking events and mentorship programs to equip future entrepreneurs.
The initiatives by Yango Ventures and the NDPC reflect a growing recognition of the importance of supporting startups and protecting data privacy in Africa. However, the impact of social media on teenagers raises critical concerns that need to be addressed by both parents and tech companies. A balanced approach is necessary to harness the benefits of technology while mitigating its negative effects.
