Analysis & Features

Flat6Labs unveils $95 million fund to nurture early-stage tech startups in Africa

Headquartered in Egypt, the Africa Seed Fund (ASF) will focus on three main investment territories in Africa: North Africa, West Africa, and East Africa. Flat6Labs will be extending its reach into several new territories including Nigeria, Ghana, Kenya, Morocco, and Senegal, amongst others. The fund will invest in more than 160 early-stage startups over the next five years that operate in the technology sector in Africa, with a focus on impactful sectors that accelerate digital inclusion through the use of information technologies and industries which contribute to addressing social and environmental challenges, such as HealthTech, FinTech, EdTech, GreenTech, AgriTech, ClimateTech, and other sectors. [c]

Analysis & Features

Microsoft ADC announces Season 4 of university students’ coding contest 

This year, GOL participants will be working to develop possible technology solutions that can address different health challenges, including how to improve healthcare service provision in their localities or other parts of the world. The program runs as a 5-week hackathon with teams captained by Microsoft Learn Student Ambassadors crafting the innovations while receiving technical training from Microsoft’s professionals. [c]