Africa: Dakar Network Angels Begins Startup Investments in Francophone Africa

The Dakar Network Angels network launched this month, making its first investment in francophone Africa to cleantech venture Coliba. The Ivorian startup--that uses a mobile app to coordinate waste recycling--will receive mentorship and a minimum of $25K in seed funds.

The deal is part of Dakar Network Angels' mission of convening experts and capital to bridge the resource gap for startups in French speaking Africa--or 24 of the continent's 54 countries.

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