North African entrepreneurs have until this Sunday (20 October) to apply for the Middle East and North Africa (MENA) focused Wamda X grant-based fellowship programme. Through the programme, Wamda aims to work with fellows to build businesses by providing them with grants and access to its network. The programme will also offer participants access to continuous follow-on financing through Wamda Capital. Wamda states on its website that on completion of the programme, Wamda Capital will have the right to invest $100 000 in follow-on capital in exchange for 10% equity. Programme participants will also be provided with working space in Dubai as well as more than $10 000 worth of software and support services.

Source: The North Africa Journal October 17, 2019 09:11 UTC