Kenyan and Nigerian SMEs, startups hit as US pulls $51 million in funding
- USADF has supported over 1,000 businesses across 22 African countries.
- The funding cut includes $48,406 for a WhatsApp marketing chatbot for small businesses in Kenya.
- $84,059 has been cut from a wellness incubator project in Nigeria.
Techpoint Africa - Apr 8, 2025
$51m USADF funding cut to African startups reignites calls for self-reliance
The U.S. Africa Development Foundation (USADF) has cut $51 million in funding, significantly affecti
The funding cuts by USADF and USAID highlight a troubling trend that could stifle innovation and growth in African startups, particularly those led by women and operating in rural areas. This situation calls for a reevaluation of funding strategies to ensure that local initiatives are not overly reliant on external support, especially in light of political changes in the US.
