Three African startups secure $200,000 each as Madica announces first African investments
- Madica has invested in three African startups: Kola Market, GoBEBA, and NewForm Foods.
- The selected startups will receive up to $200,000 and join Madica's investment programme.
- Madica aims to support underrepresented founders and integrate them into the global startup ecosystem.
The Madica investment programme is a positive initiative that addresses the challenges faced by African startups. By providing funding, technology assistance, and mentorship, Madica aims to support underrepresented founders and help them scale their operations. This will contribute to the growth of the African startup ecosystem and promote innovation and wealth creation across the continent.
