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Madica Backs Five African Startups

Madica Invests $200,000 Each in Five African Startups, Entering Algeria and Cameroon

Unverified — auto-generated summary, not yet reviewedStartups, VC & FundingSep 16, 2026

Madica has invested $200,000 each in five African startups and has extended its geographic reach to Algeria and Cameroon. No Ghanaian startup has been confirmed among the recipients, though the fund's Africa-wide early-stage mandate keeps Ghana-based founders within potential scope.

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