Ahmed Haftari doubles Algerian Startup Fund endowment to $20 million

Ahmed Haftari doubles Algerian Startup Fund endowment to $20 million

Several leading Algerian banks are participating in the fundraising aiming to invest in national start-ups.

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            ▪ Ahmed Haftari doubles Algerian Startup Fund endowment to $20 million

▪ Several leading Algerian banks are participating in the fundraising aiming to invest in national start-ups.

https://www.africabusinessplus.com/en/811276/algerian-startup-fund-doubles-endowment-to-20-million-to-invest-in-national-start-ups/

According to Africa Business+ sources, the Algerian Startup Fund (ASF), the public investment capital company headed since September by Ahmed Haftari, is set to announce a doubling of its fund. The fund invests in young start-ups, of which 850 have been identified to date.

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