Innovation hub support organisation AfriLabs has launched the AfriLabs Connect Deal Room (ACDR), aimed at addressing the critical challenges of identifying, funding and accessing investible startups in Africa. AfriLabs is a network organisation that is committed to driving innovation and entrepreneurship on the continent by bringing together technology hubs, startups, investors, and other key stakeholders in the ecosystem. It has over 430 members. During its 2023 Annual Gathering event, AfriLabs announced the ACDR, which aims to streamline financing for innovative startups across diverse sectors in Africa while providing investment funds access to a pan-African pipeline of investible and de-risked startups.
SOURCE: DISRUPT AFRICA
