Madica invests $800,000 in four African startups to spur growth
Techpoint Africa | Delight Sunny - Feb 12, 2025
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  • Madica has invested $800,000 in four African startups, each receiving $200,000.
  • The investment program includes a personalized curriculum and hands-on mentorship.
  • Mentorship includes notable figures like Yoeal Haile, co-founder of Sava.
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Madica's investment initiative is a significant step towards empowering African startups, particularly in the healthcare and technology sectors. The focus on mentorship and gender diversity is commendable, but the long-term impact will depend on the sustainability of these startups post-investment.
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