Ahmed Haftari doubles Algerian Startup Fund endowment to $20 million

Several leading Algerian banks are participating in the fundraising aiming to invest in national start-ups.

03/03/2022 at 13h25, by Africa Business+

According to Africa Business+ sources, the Algerian Startup Fund (ASF), the public investment capital company headed since September by Ahmed Haftari, is set to announce a doubling of its fund. The fund invests in young start-ups, of which 850 have been identified to date.

Recommended articles

Consumer goods

08/06/2022 at 16h08, by Africa Business+

Van Campen Liem and Mbrabet Law Firm assist Appetito on Series B funding

The Egyptian e-commerce retail start-up is finalising a major fundraising round with African venture...

New technologies

15/12/2021 at 19h14, by Africa Business+

Fawry founder Mohammed Okasha completes funding round for DisrupTech Ventures

The founder of Fawry is about to close his first fund dedicated to start-ups.

Logistics

24/09/2021 at 17h29, by Africa Business+

Sendy CEO Meshack Alloys opens Abidjan office to tackle West African market

The Kenyan logistics startup already backed by Toyota Tsusho Corporation is investing in the region...

New technologies

10/09/2021 at 06h11, by Africa Business+

Why DPI is putting cash back into Egyptian fintech MNT Halan

As one of the key players in MNT Halan’s $120 million fundraising, UK-based fund manager DPI is riding...

New technologies

09/12/2019 at 19h56, by Aurelie Benoit

Tidjane Dème (Partech Africa): “we want to keep developing at a strong pace in 2020”

With a portfolio of €125m ($138m), the investment platform for tech and digital startups in Africa plans...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com