Taxonomy

Madica

[WeeTracker.com] Africa’s Tech Startup Scene Contends With Lingering Gender Gaps

The lack of gender diversity both within startup teams and funding rounds in Africa’s startup ecosystem remains an issue that doesn’t seem to be going away, a new report suggests, highlighting the continued struggles of women-led businesses in finding their feet in the face of gender bias. Originally posted on...

[Disrupt Africa] New report lays bare lack of gender diversity in African tech startup ecosystem

Disrupt Africa has released the first ever publication focused on gender equality in the African tech startup landscape, in partnership with Africa-focused pre-seed investment programmes Madica, with the results demonstrating the lack of gender diversity both within startup teams and funding rounds on the continent. By Tom Jackson Originally posted...

[Unlocking Africa] From Idea to Impact

Investing in Africa's Most Promising Mission-Driven Startups with Emmanuel Adegboye Episode #58 with Emmanuel Adegboye, who is the Head of Madica, which is an Africa-focused pre-seed investment program empowering underrepresented and underfunded mission-driven founders on the continent. The sector-agnostic platform, affiliated with Flourish Ventures, aims to empower entrepreneurs with the...

[TechCabal] Madica Ventures wants to bridge the financial gap in Africa’s technology ecosystem

By Muktar Oladunmade Funding in Africa’s tech industry has its favourite destinations. The Big 4—Nigeria, South Africa, Egypt, and Kenya—accounted for more than 70% of the $5.2 billion raised by startups in Africa last year, according to Partech’s 2021 report. The remaining 50 countries on the continent raised $1.4 billion, a...

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

Originally posted on TechCrunch By Annie Njanja 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...

Flourish Ventures Launches Africa-Focused Pre-Seed Investment Platform Madica

New investment program targets up to 30 underrepresented entrepreneurs in underserved sectors and geographies across Africa SAN FRANCISCO, Calif., October 24, 2022 – Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, today announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology...