Founders Factory Africa Rebrands as 54 Collective
IT News Africa | Mamsi Nkosi - Aug 08, 2024
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- Founders Factory Africa (FFA) has rebranded as 54 Collective, focusing on promoting disruptive technology companies in Africa.
- 54 Collective aims to invest in 105 businesses over the next five years and provide specialized support through its Venture Success Platform.
- The company aims to have a 50% female-founded portfolio by mid-2024.
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The rebranding of Founders Factory Africa to 54 Collective reflects the company's commitment to promoting growth and impact across Africa. Their focus on supporting entrepreneurs in all 54 African countries and their goal of having a 50% female-founded portfolio by mid-2024 shows their dedication to inclusivity and addressing the continent's challenges. The Venture Success Platform and their investment strategy demonstrate their comprehensive approach to empowering founders and driving generational progress.
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