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Calls for applications

Madica investment program 2026 for African startups

29 October 2026 15 vues
Madica
Africa
Entrepreneurship & Innovation

About

Madica offers an investment and support programme for African pre-seed startups. It pays particular attention to businesses with less access to funding, including those led by women or local founders, as well as those based outside the main technology hubs.

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About Madica investment program

Madica is a 12-18 month structured investment program for African startups – especially those that receive a disproportionately small share of venture funding, such as those led by women or by local founders or those that operate outside well-established tech hubs.

We will invest up to $200,000 in participating companies at the beginning of their journey so they can hire the right team and focus on building the business. We will complement this with programmatic support including access to hands-on mentorship by exceptional founders and operators, training and coaching on company building by industry specialists, and targeted interactions with prospective investors to ensure that the continuum of later-stage capital is available as companies grow. 

Applications to the program are open all year round and startups can apply to join whenever they are ready.

Investment and support Madica investment program

  • Up to 200 000 dollars invested at the start of the programme in exchange for an equity stake in the company.
  • Mentoring, leadership coaching and workshops tailored to each startup’s needs.
  • Peer learning and access to the networks of Madica and Flourish Ventures.
  • The opportunity to take part in up to four immersion trips, each lasting one week.
  • Access to tools, training and credits, including from AWS, Carta and Salesforce.
  • Connections with investors and accelerators at the end of the programme.

Startups sought Madica investment program

  • Operate in Africa and be led by local founders committed full-time.
  • Have at least a minimum viable product, ideally with initial paying customers.
  • Have raised little or no institutional capital.
  • Operate in any sector, including artificial intelligence or Web3.

Madica prioritises founders who do not plan to raise funds during the programme and for whom an investment of 200 000 dollars would have a significant impact on their objectives.

Duration and structure of Madica investment program

The general overview states a duration of 12 to 18 months, while the FAQ specifies 18 months of support per company. The programme does not operate in cohorts: the journey is tailored to each startup’s needs and timeline.

Applications of Madica investment program

Applications are open all year round. Startups can apply when they are ready through Madica’s website.

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