Thursday
March 5
2026

African Development Bank Approves €6.5 Million Investment in Saviu II to Back Francophone African Tech Start-Ups

The African Development Bank Group’s Board of Directors has approved a €6.5 million investment in the Saviu II venture capital fund as part of ongoing efforts to expand financing for early-stage technology companies in Africa.

Source: Empower Africa (link opens in a new window)

Categories
Investing
Tags
business development, development finance, scale, startups