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The Nexus
BUSINESSMay 22 · 13:19 UTCSEMAFORAlexander Onukwue

Africa Finance Corporation commits $100M to digital growth

The Africa Finance Corporation is committing $100 million to venture capital firms backing African technology companies. This investment comes as African startups raised $3.2 billion in 2025, a 40% increase year-over-year, amid calls for increased African investment following a pullback in overseas funding due to US interest rate rises.

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