Thursday, July 3, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

Unicorn Group to fund African Tech Ecosystem with $300 Million

Tech Gist Africa by Tech Gist Africa
07/05/2019
in Africa, Africa News, News
0 0
1
Unicorn Group to fund African Tech Ecosystem with $300 Million

Photocredit: technext.com

0
SHARES
Share on FacebookShare on Twitter

Unicorn Group— an investment company that targets innovative ideas, start-ups and early stage companies in the technology and technology-enabled sectors across Africa, has set aside $300 million funds for startups in the tech ecosystem that are providing disruptive innovative solutions to Africa’s top challenges.

The company revealed its plan to fund the African Tech Ecosystem during the first edition of TechMoney recently held in Lagos Nigeria. TechMoney is an event organized by Unicorn Group which focuses on ground-breaking ideas, startups, and early-stage companies in the African tech ecosystem.


See also: Two Kenyan Startups Wins $100,000 Cisco Global Problem Solver Challenge


According to Kola Abiola, Unicorn Group Chairman, digitalization offers innovation and finance across Africa. He further elaborated that the TechMoney and innovation summit was a means to aid tech talent and start-ups secure investment and also become bankable.

In his words, “With a Nigerian youth population of 72 percent, median age of 18.4 and an urban population estimated at 51.9 percent with similar percentages continent-wide, this initiative will provide much-needed hope by creating world-class solutions to African problems.”

Unicorn Group is notable for providing education, training, mentorship, infrastructure, and long-term capital to entrepreneurs. They do this so as to enable entrepreneurs to build sustainable and competitive companies that will contribute to the economic growth of Africa.

 

More on TechGist Africa:

  • Econet Shuts down Video Streaming Service Kwesè Play
  • Rwanda’s SafeMotos Rebrands to CanGo and Launches in Congo
  • Liquid Telecom brings the first Fibre Connectivity to South Sudan
  • See How Playfre Plans to Help African Artists Monetize their Work
  • Nigerian Kangpe Opens On-Site Clinic in Lagos with Plans to Expand
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Apple WWDC 2025
Events

Apple Unveils iOS 26, macOS Tahoe, and AI Innovations at WWDC 2025

by Tech Gist Africa
06/15/2025
0

Apple kicked off its annual Worldwide Developers Conference (WWDC) with a series of announcements highlighting significant advancements in software design...

Read more
Zero Carbon Charge South Africa

Zero Carbon Charge, a South African startup secures US$5.6 Million investment

06/15/2025
Kera Senegal

KERA, a Senegalese E-Health Startup Secures $10 Million Funding

06/15/2025
Nile South Africa

Nile, a South African Agri-Tech Startup Secures $11.3 Million in a funding round

06/15/2025
DHL Group

DHL Group to Invest $575 Million in Healthcare and Logistics Expansion Across Africa and the Middle East

06/15/2025
Next Post
Celebrating Forbes African 30 Under 30 Tech Heroes 1

Celebrating Forbes African 30 Under 30 Tech Heroes 1

Unicorn Group to fund African Tech Ecosystem with $300 Million, Econet Shuts down Video Streaming Service Kwesè Play and More

Unicorn Group to fund African Tech Ecosystem with $300 Million, Econet Shuts down Video Streaming Service Kwesè Play and More

Africa Tech News Roundup

Africa Tech News Roundup

Comments 1

  1. Pingback: Unicorn Group to fund African Tech Ecosystem with $300 Million – AfricaIEG.com
No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.