Madica Makes Debut Investments In Algeria And Cameroon, Backing Five Startups”
Madica, a pre-seed investment programme for African startups, has invested in five companies — Talenteo (Algeria), Paysika (Cameroon), ChipMango (Nigeria), Delta Oil (Egypt) and Bekia (Egypt) — each receiving up to $200,000 and joining an 18-month support programme.
