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Catalyst Fund Raises USD 3.5 Mn Investment From FSD Africa
Catalyst Fund Raises USD 3.5 Mn Investment From FSD Africa

Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has secured a USD 3.5 Mn investment from specialist development agency FSD Africa to anchor its presence in Africa, and scale its work as a leading accelerator and pre-seed impact fund for emerging market entrepreneurs. 

Catalyst Fund supports inclusive tech innovators in emerging markets offering inclusive solutions for underserved and climate-vulnerable communities. FSD Africa is a specialist development agency working to help make finance work for Africa’s future. 

With FSD Africa’s backing, Catalyst Fund will invest and offer hands-on venture-building support to high-impact startups that improve the resilience of underserved and climate-vulnerable communities, with a goal to support 40 pre-seed impact ventures in Africa. The accelerator also seeks to build strong innovation ecosystems by activating investors, capacity-building networks, and corporate innovators to unlock capital, attract talent and share knowledge about fintech solutions tailored to those communities’ needs.