AfDB Invests €6.5M in Saviu II to Boost African Tech Start-Ups
By Ayomide Otitoju The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II fund to support technology start-ups during their seed stage and first institutional fundraising, with a focus on French-speaking Central and West Africa. Under the plan, AfDB will commit €4.5 million as equity and €2 million as…
