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Originally published by Tech Arena
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tech
September 15, 2026
2d ago

Madica Invests in Five African Startups as it Enters Algeria and Cameroon

Madica Invests in Five African Startups as it Enters Algeria and Cameroon

Madica invests up to $200,000 in five African startups, entering Algeria and Cameroon while expanding its support for founders across the continent...

✨ Key Highlights

Madica has announced five new investments in African startups, expanding its portfolio into Algeria and Cameroon for the first time.

  • Each startup will receive up to $200,000 in funding as part of an 18-month investment programme.
  • The investments include startups in human resources technology, fintech, semiconductors, and the circular economy.
  • This expansion signifies Madica's commitment to supporting founders in markets historically overlooked by venture capital.

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