Leading development partners GIZ Egypt, FMO, and AfricaGrow have announced the launch of the second edition of the “VC Grow” programme for new VCs. The platform for new VCs started with a first edition in 2022, trained 20 funds, accelerated four emerging funds, and ended with the 2022 Egypt VC Summit that brought international and regional investors to Cairo last June. “The VC Grow programme develops a new generation of fund managers that will build the ecosystem in the region and beyond. As AfricaGrow, we continue to be part of this initiative supporting first-time VC managers with innovative approaches to address today’s social and environmental challenges,” said Anna Niedergesaess, E&S manager at DEG Impact. Fund managers can apply to the programme here before May 1.

Source: The North Africa Journal April 05, 2023 07:01 UTC