September 15

$100 Million Innovation Fund to Fuel African Tech Investments

The Global Innovation Initiative Group (GIIG), an investment vehicle for early-stage tech start-ups, has established a new fund to invest in early-stage tech innovation start-ups across Africa.

The GIIG Africa Fund is a Curaçao-based private investment initiative that will invest annually in the winners’ pool of start-up participants from the African region of the Global Start-up Awards (GSA), an independent start-up ecosystem competition.

Through its multi-platform venture-builders, GIIG says it seeks to develop the largest relationship infrastructure of mission-aligned African innovation stakeholders to accelerate the co-creation of disruptive African solutions.

Photo courtesy of Angelo Moleele.

Source: ITWeb (link opens in a new window)

innovation, startups