Gen F to invest $250,000 in African startups

Gen F, an initiative facilitated by Founders Factory is set to invest $250,000 in startups from Africa through its Entrepreneur in Residence program.

The program will also provide the founders of these startups with a budget for experimentation and access to expert guidance.

Founders will also be included in an ‘Entrepreneur In Residence Venture Design Studio’ that combines venture studio and VC models to deliver investment and hands-on support to early-stage founders dedicated to devising solutions for local challenges.