Madica secures $6 million to invest in up to 30 African startups

T2Covered by 1 source · first reported by MENA/Israel: Wamda / Times of Israel at 27 Oct, 12:34 UTC

Africa-focused pre-seed investment programme Madica has secured an additional $6 million commitment from Flourish Ventures to extend its investment pilot by three years, targeting 25–30 more early-stage startups across the continent. Launched in 2022 and led by Emmanuel Adegboye, Madica is a…