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.
It is these gaps that continue to inspire the development of new programs like Madica by US-based venture capital firm Flourish…