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Founders Factory Africa raises R2.1-billion to assist technology start-up founders across Africa.

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GUEST - Bongani Sithole - Founders Factory Africa CEO

Founders Factory Africa has secured an additional $113 million in funding to scale its model to better serve founders across the African tech ecosystem. The additional support from the Mastercard Foundation and Johnson & Johnson Impact Ventures, an impact fund within the Johnson & Johnson Foundation, follows on from previous investments into Founders Factory Africa by Standard Bank, Small Foundation and Netcare.

The support will enable Founders Factory Africa to scale its model and better serve technology-led start-ups and founders across the African continent.

14 Aug 2023 5PM English South Africa Business News · Investing

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