Zedcrest Capital, a firm known for its debt and equity capital markets investments but who recently started dabbling into venture investments, has launched a $10 million fund for pre-Series A stage startups in Africa. The program is led by the association I&P Entrepreneurs et Dveloppement, which supports African entrepreneurs. They have real potential in terms of job creation and impacts on Africas development. The inaugural African Blockchain Report, published by CV VC in collaboration with Standard Bank, highlights that obstacles to global transformations seem surmountable when seeing Africa's urgent actions to utilise blockchain becoming the norm. AFD works with 4 partners that are experts in supporting and financing digital innovation in Africa: the consortium made up of the African Business Angels Network (ABAN) and AfriLabs, the Greentec Capital Africa Foundation, the association Entrepreneurs & Dveloppement, which draws on the capacities of the Investisseurs & Partenaires group, and the Mercy Corps Europe Suguba consortium. Scholarship for Ethiopians "Africas difficulties are compounded by the pandemic that has disrupted revenues, foreign direct investment, development assistance, remittances, trade, and tourism, and not forgetting the effects of war. The talk of the town is that African startups are feeling the pressure of the global market downturn and venture capital slowdown as these international investors pull out term sheets and cut back the number of rounds previously earmarked for the region. 2024 Business Grants Y Combinator, a US-based seed-stage accelerator, is a household name in Africas startup space. Foreign investors have been dominant contributors to Africas numbers since 2015. Once the company has its start-up funding, it will start growing fast and attracting customers. The funded start-ups benefit from capacity building via external technical assistance. Opportunity Desk India Market consolidation and development (geographical expansion and product diversification). ScarabTech, which was founded in 2018, specialises in the development of small-scale and extremely efficient plastic-to-energy devices known as Beetles. These machines, which were created utilising specific software algorithms and design, heat plastic waste, creating a vapour that is then caught and reconstituted into carbon-neutral fuel that can power generators and engines. If successful, seed funding for African startups can yield a decent return. (EUR 15,000 in cash funding) By OFA - septembre 7, 2022 Application Deadline: November 12, 2022 ASIP is a program launched by Telecel Group as part of CSR activities. Seed Funding for African Startups 2024 Currently focusing on cricket, Podeum is building an online community . Pre-seed funding is designed to help a startup get off the ground and typically comes from the founder of the startup and any close friends, family members, and supporters. Grants for Startups in Kenya 2025 Startups raised $4.6 billion in 2021 itself a record year. Cameroon, Chad, Democratic Republic of Congo, Cte d'Ivoire/ Ivory Coast, Benin, Burkina Faso, Gabon, Gambia, Ghana, Guinea, Liberia, Mali, Nigeria, Senegal, Sierra Leone, Togo, Niger, Dijbouti, Ethiopia, Kenya, Mauritius, Rwanda, Somalia, Somaliland, Tanzania, Uganda, Burundi, Malawi, Madagascar, South Africa, Zambia, Zimbabwe, Angola, Mozambique, Lesotho, Algeria, Egypt, Morocco, Sudan, Tunisia, Congo, Agence d'encadrement et de dveloppement des PME, Association Entrepreneurs & Dveloppement, Sngal, Cte d'Ivoire/ Ivory Coast, Madagascar, Burkina Faso, Niger, Cameroon, Ghana. Business Grants for African Entrepreneurs 2025 The continent's tech economy is its stronghold Concluding the launch of the African Blockchain Report, Ian Putter, head of the Blockchain CoE&CA Training Office at Standard Bank Group, the largest African bank by assets, said: Africa matters. Capital is being invested despite the waters of conventional deal-funnels being muddy - caused by a lack of available data for potential funders - especially international ones. We invested more into Talk360 based on its strong progress in the South African market to date, as well as its potential in the rest of Africa. Advance Africa Scholarships 2023 This has already bolstered resilience as a road map to how and why the world needs to embrace blockchain as a transformative technology. With its Digital Africa seed fund, AFD is supporting four programs to assist and finance digital start-ups right from the start of their activity. (adsbygoogle=window.adsbygoogle||[]).push({}); Scholarship 2023/24 In the third quarter of 2022, funding declined by 55 per cent year-on-year. Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding, Africa-focused fintech Zazuu raises $2M to scale its cross-border payment marketplace, MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast. Start-up support structures (incubators, accelerators and hubs) to build their capacities and become more professional. These grants are applicable to not just already existing business owners alone but individuals with innovative business ideas. With backing from the likes of Magic Fund, Acuity Ventures, Launch Africa Ventures Ventures, and Plug and Play, we're certain the startup has news to offer in 2022. While it is a fact that African nations are among the fastest crypto adopters globally, the CV VC report moves past crypto. Startup Grants 2024 Commonwealth Scholarship Application Portal AFD Group is convinced that start-ups play an essential role in developing innovative solutions that meet the needs of developing and emerging countries. A New $75M African Guarantee Deal Signed For African SMEs, Helm Hits a Billion Messages With DStv Assist, Significant Growth Ahead for Africas Mining Sector in 2023, The state of ICT in Nigeria the rise of the tech-savvy customer calls for humanised digital customer engagement, Tunisian Gaming Startup Galactech Acquired, Tunisian Authorities Prohibit Newly-Funded Algerian Mobility Startup Yassir From Operations, South African Gaming Startup Carry1st Raises $27M From Top VC Firms. The Importance of Brand Reputation Management, Navigating the Future of Online Retail: A Look at the Latest Developments in E-Commerce, Ideas For Managing and Reducing Business Risk. Cameroon, Chad, Democratic Republic of Congo, Cte d'Ivoire/ Ivory Coast, Benin, Burkina Faso, Gabon, Gambia, Ghana, Guinea, Liberia, Mali, Nigeria, Senegal, Sierra Leone, Togo, Niger, Dijbouti, Ethiopia, Kenya, Mauritius, Rwanda, Somalia, Somaliland, Tanzania, Uganda, Burundi, Malawi, Madagascar, South Africa, Zambia, Zimbabwe, Angola, Mozambique, Lesotho, Algeria, Egypt, Morocco, Sudan, Tunisia, Congo, Agence d'encadrement et de dveloppement des PME, Association Entrepreneurs & Dveloppement, Sngal, Cte d'Ivoire/ Ivory Coast, Madagascar, Burkina Faso, Niger, Cameroon, Ghana. Grant Opportunities for Entrepreneurs 2025 Fully Funded Masters Scholarships for Developing Countries Scholarship Postions The firm also closed its third fund at $14.3 million last year, so it will likely close even more deals in 2023. World Bank Short Courses for Developing Countries Seed Funding for African Startups 2023 Nigerian startup GetEquity launched in 2021 with pre-seed backing from GreenHouse Capital. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc. They are awarded to entrepreneurs who can demonstrate growth and provide jobs. Business Grants for African Entrepreneurs 2023 Call for Proposals in Kenya for Nutritious Foods Grants, Cartier Women Grants and Support for Female Entrepreneurs Worldwide, CFYE Funding and Grants to Create Employment for Young Egyptian Women, Closing Digital Divide Grants for Education Training and World of Work, Commonwealth Youth Awards for Excellence in Development Work, COVID-19 Biomedical Waste Treatment Innovation Challenge in India, Covid 19 Financial Assistance for Entrepreneurs in India, Creating Hope in Conflict Funding for Water and Sanitation and Health, DFID Grants for Agri-tech and Food Chain Innovations in Africa, DFID IMPACT Grants for Sub-Saharan Africa and South Asia, Draper Richards Kaplan Foundation Grants for Entrepreneurs and NGOs, Egypt-South Africa Call for Grant Proposals in Disruptive Technologies, E-WASH Innovation Grant Fund in Nigeria for Improved WASH Services, Feminist Review Trust Fund Grants for Women Projects, FICA Public Art Grants to Support Art Projects in India, FPAI-Villgro Innovation Challenge in India, Funding Call for Startups Tackling Covid-19, Funding for Small and Medium Scale Renewable Energy Projects in Africa, Funding Opportunities for Women in Agribusiness, Future Bora Youth Grants in Kenya for Youth Focused Organizations, Global Media Competition to Expose Tobacco Industry Manipulation, Go Global Africa Grants for New Entrepreneurs, Grants for Art and Activism Against Repression During Covid-19 Crisis, Grants for New Entrepreneurs and NGOs Working in Poverty Alleviation, Grants for Off-Grid Energy Development Entrepreneurship in Malawi, Grants in Nigeria for Digital Jobs and Skilled Craft Work for Youth, GroFin Grants and Funding for Small and Growing Businesses in Africa, GrowthAfrica Accelerator Grants for Entrepreneurs in Africa, High Growth Coaching and Grants for Women Businesses in Nigeria, High Impact Entrepreneurship Grants for Kenya and Rwanda Graduates, Initiative Africa Business Grants and Funding in Ethiopia, Injini EdTech Changemakers in Africa Grants, Innovate for Life Program for Kenyan and Ethiopian Innovators, Internews Information Saves Lives Rapid Response Fund, Internet Freedom Fund Grants Available Worldwide, Invest2Impact Competition for Women Business Grants in East Africa, Islamic Research and Training Institute Smart Economy Grants, ITC She Trades Initiatives Financing for Women Entrepreneurs, JICA Business Funding for African Startups and Businesses, Journalism and Media Innovation Reporting Grants in Africa, LeadTech Grants for African Female Entrepreneur, Loans and Grants for Small and Big Business, MICF Business Grants in Malawi for Economic Resilience and Recovery, MICF Grants for Tourism Sector Recovery in Malawi, Microsoft Funding for Projects That Empower Disabled People, Mozilla Fellowship Program for Tech and Society, Netherlands Call for Support and Grants for COVID-19 in Africa, Nidhi Prayas Grants for Agriculture and Allied Sectors in India, NYDA Grants for Youths and Young Entrepreneurs in South Africa, ORRAA Ocean Resilience Innovation Challenge, Qatar Foundation Call for Applications for Wise Accelerator Program, Renewable Energy and Agriculture Grants for Youth Innovators in Asia, Relief Funds to Help African Entrepreneurs and SMEs, REvolutionaries Steve Sawyer Memorial Award for Africa, RSWR Seed Grants for Small Grassroots Organizations in Kenya, RUFORUM Young African Entrepreneurs Competition, SANTAM Grants for Women Entrepreneurs in South Africa, School Enterprise Challenge International Business Project for Schools, Small Grants for Young Leaders in Southeast Asia, Small Grants in Ghana to Support Women-led Enterprises, Social Change Through Arts Grants in Pakistan and India, Southeast Asian Agribusiness Entrepreneurs New Zealand Sponsored Visit, South Africa Academy for Women Entrepreneurs Funding and Training, Sundara Seed Grants for Female Entrepreneurs and NGOs in WASH, Swedish Institute She Entrepreneurs Grants, Swiss Africa Business Innovation Funding for African Entrepreneurs, Tata Social Enterprise Challenge Grants in India, Training and Grants for Kenyan Women Entrepreneurs, UN Call for Proposals and Grants in Uganda to Mitigate COVID-19 Impact, UNDP Ghana Grants and Accelerator Lab COVID-19 Innovation Challenge, UNDP Grants for Waste Management and Environment Protection in Nigeria, UNICEF Innovation Fund for Profit Technology Startups, USADF Offers Funding for the Support of Local Businesses in Benin, USADF Call for Proposals and Grant Financing for Uganda Projects, USAID Biodiversity for Resilience Grants in Uganda, USAID Nigeria COVID-19 Food Security Challenge, US Embassy in South Africa Grants for Empowering Girls in STEM, Vodacom Grants for Early and Growth Stage Technology Startups, WE Empower Business Competition for Women Entrepreneurs, Women Leadership Accelerator to Advance Women in Digital Journalism, Western Union Seed Funding for Young Entrepreneurs, World Justice Project Grants for Advancing the Rule of Law, WWF-India Call for Proposals for Small Grants in Innovation Program, WRI Ross Center Prize for Transformative Urban Climate Projects, YALI West Africa Emerging Leaders Program for Business, Youth Action Lab Grants for Youth at Grassroots Level, Young Caribbean Water Entrepreneurs Shark Tank Competition, Yunus and Youth Fellowships for Social Entrepreneurs, Over 4500 Current Fully Funded Scholarships for International Students, Over 4500 Current Fully Funded Scholarships for International Students 2023. In 2022, it was the seventh-most active investor in Africas startup ecosystem with 20 deals. Many will also remember 2022 as the year of, Ventures Platform has made over 60 investments since its launch in 2016. Since 2011, LoftyInc has invested made over 160 deals on the continent, including many stand-out names like Flutterwave and Andela. 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