AfDB Invests €7.5M in Breega Seed Fund
AfDB invests €7.5M in Breega Seed Fund to boost Africa's startup ecosystem. The fund targets early-stage tech ventures.
Ibrahim Hassan
East Africa Bureau Chief
The African Development Bank (AfDB) Group has approved a €7.5 million investment in the Breega Africa Seed I Fund. This investment marks a strategic push to strengthen Africa’s early-stage startup ecosystem and unlock innovation-driven growth across the continent. The new funding targets early-stage tech ventures across key African markets, with a strong focus on innovation, jobs, and climate resilience.
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This article was researched and compiled by the PulseAfrica editorial team using information from international news sources including Reuters, BBC Africa, Al Jazeera, AFP, and local African media outlets. PulseAfrica is committed to accurate, balanced and independent journalism covering all 54 African nations in three languages.
