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Wits University obtains $300,000 research funding for studies on Digital Transformation.

Budget

Venture capital funding has faced challenges and setbacks this year, contributing to a less-than-ideal environment for investment.

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The EU raises its humanitarian assistance for Gaza by an additional €25 million.

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Black business owners have been given $25,000 grants to help expand their enterprises.

Zoom

The co-founders of Skype and Flutterwave support a $205 million tech fund for Africa.

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In July 2023, African startups secured funding totaling $123.4 million.

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The National Museum of the American Latino, part of the Smithsonian Institution, has been awarded a $10 million grant from Lilly Endowment Inc.

Sahara Impact Fund Fellowship Programme

Paul Nnaluo and Andrew Mpashi, along with eight others, receive a $50,000 grant from Sahara Group.

Turkey

Tunisian fintech company My Easy Transfer secures $423,000 in funding.

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In its tenth cohort, 100X. Venture Capitals(VC) has made investments totaling $2.3 million in 15 startups.

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