Posted by: APO | 19 April 2022

Multinational: African Development Bank earmarks €10 million equity investment to drive technologies in the wake of Covid-19

The Board of Directors of the African Development Bank (www.AfDB.org) has approved an equity investment of €9.8 million to support venture capital investments in African start-ups, from seed to growth stages. Of the equity investment, €7 million will be sourced from the African Development Bank’s own resources; the additional €2.8 million represents funds provided by the European Union (EU)… Read more on https://afdb.africa-newsroom.com/press/multinational-african-development-bank-earmarks-euro10-million-equity-investment-to-drive-technologies-in-the-wake-of-covid19?lang=en


Categories

%d bloggers like this: