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Originally published by Tech Arenatech
September 15, 2026
2d ago
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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