TLDR:
- Orange Ventures and Digital Africa partner to invest in African startups.
- Joint initiative will provide funding and support to startups in the Orange Digital Centers network.
Orange Ventures and Digital Africa have signed a partnership agreement to strengthen and accelerate support for African startups from the Orange Digital Centers (ODC). This initiative, led by Fayçal Adlouni, Managing Partner of Orange Ventures, and Grégoire de Padirac, CEO of Digital Africa, aims to facilitate financing and support for startups in the ODC network. Through the Fuzé scheme, both parties can double the funds committed and jointly evaluate and finance applications.
The Orange Digital Center, deployed in multiple countries, offers free programs for digital training, startup incubation, and acceleration, as well as investment in project leaders. The partnership has already resulted in funding for five startups in sectors like Healthtech, Fintech, and Agritech in countries like Cameroon and Senegal. This joint support scheme reflects the commitment of both organizations to nurture the growth of startups in Africa.
Representatives from Orange, OMEA, and Digital Africa expressed their enthusiasm for this collaboration, with Managing Partner Fayçal Adlouni stating the Orange Group’s commitment to supporting tech champions in Africa and the Middle East. Asma Ennaifer, Executive Director of CSR, Communications and the Orange Digital Center program for Orange Middle East and Africa, emphasized the role of Orange Digital Centers in fostering innovation and supporting African startups.
CEO of Digital Africa, Grégoire de Padirac, shared his excitement about the partnership, highlighting the comprehensive range of financing and support services available to African entrepreneurs. Startups interested in this opportunity can visit the Orange Ventures, Orange Digital Center, and Digital Africa websites for more information.
