$51m USADF funding cut to African startups reignites calls for self-reliance
USADF announced a $51 million funding cut impacting SMEs and startups in sub-Saharan Africa. Kenya and Nigeria are the largest beneficiaries affected by these funding cuts.
Yango Group launches $20 Million Venture Fund to empower African startups
Yango Ventures has launched a $20 million fund targeting early-stage startups from seed to Series B stages. The African startup ecosystem faced a downturn with investments dropping by over 50% in 2023.
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 Group Launches $20M Venture Fund for Startups Across MENAP, Africa, and Latin America
Yango Group launched a $20 million corporate venture fund named Yango Ventures. The fund will focus on seed to Series B investments in high-growth markets.
