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Global VC Flourish launches Madica, an Africa-focused program to back pre-seed stage startups [TechCrunch]

Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. And while venture capital and founder support programs within the continent are growing, a lot still remains to be done to meet the financing, technology and social capital needs of the especially marginalized groups like women founders.