Breaking the silence

Is The Time Finally Right For African Regtech Startups?

By  |  April 26, 2021

There hasn't been much funding for African regtech startups. There isn't much press either because sectors that aren't getting the attention of investors are typically quiet. Now, however, there's a new spur for not only regtechs but also govtechs operating in the continent.

Global Voice Group—a global provider of ICT and regulatory technologies for governments and regulatory bodies—announced this month that it's open to backing African tech startups with up to USD 300 K, with the average investment size between USD 30 K and USD 100 K.

Though GVG is on the lookout for African startups with obvious synergies with its core business, it has opened a special curtain for regtechs and govtechs to walk through and get funded—mostly likely making it the first ever funding initiative that significantly considers the potential of such early-stage firms in Africa.

GVG has its main offices in Spain and South Africa but operates in 7 other African countries. The company collects and ana...

Journalism is broken in Africa


Help us build a narrative on African Business, Startups, Tech and Economy
Join us today to empower great story telling, one story at a time

Monthly Membership

$10

(billed monthly)

Access To 1 Month WT Membership

Access To Premium Newsletters For 1 Month

1 Month Access To WT's Content Archive

Access To WT's Conferences & Events

Access To All WT's Research Reports On Africa

Access To Podcasts, Video Content & Recordings

Subscribe Now
Popular

Annual Membership

$60

(billed annually)

Access To 12-Month WT Membership

Access To WT's Conferences & Events

Access To All WT's Research Reports On Africa

Access To Podcasts, Video Content & Recordings

Access To All Premium Newsletters

Unlimited Access To WT's Content Archive

Subscribe Now

Pay Per Article

Unlimited access to this article with one time payment.

Subscribe Now

If you are a Corporate or a Student, please reach out to us for subscription at [email protected]