Africa Startup Push Gets $63M and AI Platform
22 On Sloane wants to solve the challenge of fragmented capital, markets and support for African businesses.

22 On Sloane, an African startup support organisation, has secured $63 million to build an AI platform aimed at connecting startups across the continent. The initiative targets the fragmentation of capital, markets and business support that African ventures face.
Filed Under
What did you make of this
Sign in to react and save stories. Reading is always free.
Be the first to comment
Sign in to join the conversation. Reading is always free.
Related Reports & Analysis

Africa's startups raise $438m in August, eye global expansion
African startups attracted $438m in funding in August, but one $250m deal accounted for more than half the total. The month highlights both the growing international appeal of African technology companies and the continuing depth problem in

Africa Brings Deals to Washington; Now the Money Must Move
The inaugural Africa Business Investment Summit saw a target of $500m of structured commitments, a royal keynote and an unusually candid accounting of why capital still hesitates.

AfDB, Korea's NIA Deepen AI and Digital Partnership
[African Development Bank (AfDB)] The African Development Bank and the Korean National Information Society Agency (NIA) signed a letter of intent on Wednesday, laying the groundwork for an expanded partnership to promote artificial intellig

Amodei wants to slow AI frontier as Africa still tries to reach it
Anthropic CEO Dario Amodei is pushing to halt AI development long enough for safety research and governance to catch up
