Uncovered Fund, Monex Ventures partner for $20 million African VC fund
TechCabal - Aug 27, 2025
Uncovered Fund and Monex have launched the UMAIP to invest $20 million in African and Middle Eastern startups. The fund will initially invest between $100,000 and $500,000 in 30 companies, reserving half for follow-on rounds.
Condia Insider: Inside Japan’s “love story” with African tech
Bendada.com - Aug 25, 2025
Japan announced a new $20 million venture fund aimed at supporting early-stage African startups. Tokyo pledged $30 billion in public and private investment for Africa in 2022.
Nigeria To Launch $40M Startup Fund to Boost Tech Ecosystem
Tech Labari - Mar 23, 2025
The Nigerian government is rolling out a $40 million fund to support early-stage tech startups. Half of the fund is contributed by the Japan International Cooperation Agency, with matching funds from the Nigeria Sovereign Investment Authority.
Nigeria secures $40M Startup Seed Fund backed by Japan to boost tech innovation
Techpoint Africa - Mar 17, 2025
The Nigerian government is launching a $40 million fund for early-stage technology startups. Half of the fund will be provided by the Japan International Cooperation Agency (JICA).