New Investments
Orange Ventures and Digital Africa Join Forces to Invest in African Startups
Orange Ventures, the investment arm of Orange Group, and Digital Africa, a pan-African organization fostering digital entrepreneurship, have announced a new co-investment initiative for startups emerging from the “Orange Digital Centres” network.
Orange Digital Centres act as hubs for innovation across 17 African and Middle Eastern countries, as well as eight European nations.
These centers offer a comprehensive ecosystem of free programs, encompassing digital training for youth, startup incubation and acceleration services, and crucial support for project leaders.
This holistic approach aims to empower entrepreneurs and fuel regional innovation.
Digital Africa already manages the Fuzé investment facility, specifically targeting early-stage startups in French-speaking African countries.
Digital Africa already manages the Fuzé investment facility, specifically targeting early-stage startups in French-speaking African countries.
Fuzé offers equity funding opportunities of up to EUR 50,000 to promising ventures.
The partnership agreement, signed at Vivatech by Fayçal Adlouni, Managing Partner of Orange Ventures, and Grégoire de Padirac, CEO of Digital Africa, signifies a commitment to accelerate support for African startups nurtured within the Orange Digital Centre network.
“The Orange Group is fully dedicated to cultivating the next generation of tech leaders across Africa and the Middle East,” stated Adlouni.
The partnership agreement, signed at Vivatech by Fayçal Adlouni, Managing Partner of Orange Ventures, and Grégoire de Padirac, CEO of Digital Africa, signifies a commitment to accelerate support for African startups nurtured within the Orange Digital Centre network.
“The Orange Group is fully dedicated to cultivating the next generation of tech leaders across Africa and the Middle East,” stated Adlouni.
“This collaboration between Orange Middle East and Africa, Orange Ventures, and Digital Africa allows us to strategically combine resources and create a thriving environment for startups to flourish in these regions.”
Aspiring startups interested in this new initiative are encouraged to explore the websites of Orange Ventures, Orange Digital Centre, and Digital Africa.
Aspiring startups interested in this new initiative are encouraged to explore the websites of Orange Ventures, Orange Digital Centre, and Digital Africa.
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