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Early-Stage Tech Investor Founders Factory Africa Raises $114M To Invest 'Across The African Tech Ecosystem'

Investments are continuing to pour in for African tech entrepreneurs. TechCrunch reports that Founders Factory Africa (FFA), an early-stage investment firm, has raised $114 million “to scale its model to better serve founders across the African tech ecosystem.” The funding for the South Africa-based accelerator was led by Mastercard Foundation and Johnson & Johnson.

Aug 16, 2023