Early-stage startups located in the 20 underserved African countries supported by the fund (excluding Nigeria, Kenya, South Africa, and Egypt).

How much funding is available per startup?

The fund commits to providing up to $2 million for each qualifying startup.

What is the total size of this fund?

The Digital Africa Seed Fund has $57 million available for investment.

Digital Africa Seed Fund: $2M for Startups

Q: Which sectors are prioritized?

The fund focuses on AI, FinTech, E-health, Climate Tech, Space, and Digital Infrastructure, though it remains sector-agnostic.

Similar Opportunities

Closing Soon

Government Body

Karnataka Government First Initiative

By Startup Karnataka

Karnataka, India

Funding

Up to ₹25.0L

Deadline

Ends today

Closing Soon

Government Body

Government First Initiative

By Department of Electronics, Information Technology and Biotechnology, Government of Karnataka

Karnataka, India

Funding

Up to ₹25.0L

Deadline

Ends today

Closing Soon

Government Body

Next Frontier Robotics

By SPRIND – The Funding Agency for Research and Innovation

participants from across Europe.

Funding

Up to €7.2M

Deadline

Ends today

Digital Africa Seed Fund (DASF)

Digital Africa and Proparco offer up to $3M seed funding for early-stage startups in 20 underserved African nations to bridge the financing gap in AI, FinT

Not Specified

Deadline

N/A

Time

Target Stage

IdeationValidationMVP Development

ORGANIZED BY

Digital Africa & Proparco (AFD Group)

ORGANIZATION TYPE

Government Body

LOCATION

Africa

WHO CAN APPLY

Startups

FUNDING

Up to $3.0M

EQUITY

Optional

About This Opportunity

The Digital Africa Seed Fund (DASF) is a $57 million initiative by Digital Africa and Proparco (AFD Group) designed to bridge the seed-stage funding gap in Africa. This program targets early-stage startups seeking seed investments to build a financing continuum from pre-seed to Series A. Key focus areas include AI, FinTech, E-health, Climate Tech, Space, and Digital Infrastructure. Unlike major markets, DASF extends its reach beyond the Big Four African countries (Nigeria, Kenya, South Africa, and Egypt) to support 20 underserved African countries. With up to $3 million per startup, the fund aims to power the next generation of innovation. The sector-agnostic approach allows emerging ventures in critical technologies to secure VC-style investment or convertible debt, ensuring capital reaches where it is needed most.

Similar Opportunities

More Opportunities

Digital Africa Seed Fund (DASF)

Digital Africa Seed Fund (DASF)

Summary

About This Opportunity

Support & Benefits

Eligibility & Requirements

Application Process

Support & Contact

Frequently Asked Questions

Who can apply?

How much funding is available per startup?

Which sectors are prioritized?

What is the total size of this fund?

Ready to take the next step?

Similar Opportunities

More Opportunities

Digital Africa Seed Fund (DASF)

Digital Africa Seed Fund (DASF)

Summary

About This Opportunity

Support & Benefits

Eligibility & Requirements

Application Process

Support & Contact

Frequently Asked Questions

Who can apply?Expand or collapse

Who can apply?

How much funding is available per startup?Expand or collapse

How much funding is available per startup?

Which sectors are prioritized?Expand or collapse

Which sectors are prioritized?

What is the total size of this fund?Expand or collapse

What is the total size of this fund?

Ready to take the next step?