https://techcrunch.com/2024/04/24/madica-pre-seed-program/

Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial three deals.

Madica disclosed the plans to TechCrunch indicating accelerated investing in the coming year as it eyes up to 30 startups by the end of its three-year program, which started mid last year, after launch late 2022.