Author: Ewang Johnson

Madica, a structured pre-seed investment programme for African startups, today announced $6M in additional capital from Flourish Ventures to extend its investment pilot by three years. Building on lessons learned and early signs of traction across its portfolio, Madica will back 25-30 additional companies and deepen its company-building support for exceptional founders who are underserved…

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India, the United Arab Emirates (UAE), and several African countries have forged a strong dynamic  with one another over several decades, both bilaterally—highlighted by announcements such as the India–UAE Comprehensive Economic Partnership Agreement (CEPA)[a] and the recently signed UAE CEPAs with African nations, including Kenya[b] and Mauritius[c]—and through cooperation within multilateral platforms including BRICS and…

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The US has blacklisted a prominent Chinese venture capital firm founded by former Microsoft AI scientist Lu Qi, penalising the fund for financing a startup tied to the theft of proprietary artificial intelligence (AI) secrets from Google, Bloomberg has reported. The US Department of State announced sweeping enforcement measures against Shanghai Zhisuan Technology Company, an…

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