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🌍 Seedstars Africa Ventures Secures $30M Backing from EIB Global to Boost Early-Stage Startups in Africa 🚀

🌍 Seedstars Africa Ventures Secures $30M Backing from EIB Global to Boost Early-Stage Startups in Africa 🚀

#startup
#venture capital
#investments
#funding
#startups accelerator
Seedstars Africa Ventures receives a game-changing $30 million commitment from EIB Global, marking a pivotal moment for its Pan-African venture capital fund. This injection of capital aims to bridge funding gaps, support startups beyond accelerator programs, and foster innovation across Africa's diverse entrepreneurial landscape.

Seedstars Africa Ventures secures a significant $30 million capital commitment from EIB Global, becoming a key milestone for its Pan-African venture capital fund. This follows an $8 million investment from anchor investor LBO France. With a goal to close at $80-100 million, the fund will empower seed to Series B startups, addressing critical funding gaps in regions beyond the prominent four (Egypt, Kenya, Nigeria, and South Africa). The VC firm, in collaboration with Seedstars Group, plans to provide hands-on support, making this venture a beacon for early-stage startups in Africa. 🌱💼 


#AfricanStartups #VentureCapital #InnovationBoost


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