EIB Joins Seedstars Africa VC Fund with $30m Investment

EIB Global invests $30m in Seedstars Africa Ventures to support African startups

EIB Global, a specialized arm of the European Investment Bank (EIB), has made a $30 million equity investment in Seedstars Africa Ventures I, a venture capital fund focused on providing risk capital to innovative businesses and startups across Africa. This investment aims to support and promote innovation and digitalization in the continent, which is crucial for developing strong and sustainable economies.