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2022: Connecting Africa’s ecosystem enablers to strengthen its innovation economy
Funding African Startups through Catalytic Africa
Funder: Agence Française de Développement (AFD)
Partners: AfriLabs, African Business Angel Network (ABAN)
The objectives of the fund include;
Catalytic Africa is a matching fund by the African Business Angels Network (ABAN) and AfriLabs that aims to strengthen African startups, innovation hubs, and angel investors while delivering impact results to institutional funders. We co-invest with angel investors in innovative startups with matching funds in the form of a grant. Founded in 2021 at the AfriLabs Annual Gathering in Abuja, Nigeria, the programme raises funds from institutional partners to add to a pool. This pool serves as a matching or co-investment fund to encourage investment in viable startups.
Increasing the investment made by angel investors in African start-ups
Fund African startups with innovative digital solutions & measurable impact
Strengthen African angel networks and innovation hubs
Presenting reliable ecosystem data, insights, and impact reporting for all stakeholders
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