Methys Consulting Pty Ltd
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Methys Consulting (PTY) LTD as the entity that created and is operating AfricArena. FMO’s support will focus on AfricArena and its mission to bring together tech start-ups, corporations, and investors (i.e. angel investors, venture capitalist (VCs), and other institutional investors) to foster co-investment and collaboration that can move the economies and people of the continent forward.
What is our funding objective?
To partner with AfricArena, as a key venture capital (VC) ecosystem builder for Africa, on their flagship events across the continent, particularly the Unconferences, plus support them on two programs related to the convenings, AfricArise and the Digital Collective Africa, that help ventures in scaling and drives collaboration on key issues to advance the nascent VC industry across Africa.
Why do we fund this investment?
To help AfricArena in its ongoing efforts to build the Africa early-stage venture capital (VC) industry and strengthen the entrepreneurial ecosystem in Africa while providing FMO to engage in meaningful conversation with fellow investors, founders and other key stakeholders in the tech startup VC ecosystem in Africa.
- Website customer/investment
- https://www.africarena.com/
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 9/28/2023
- Effective date
- 8/1/2023
- Total FMO financing
- EUR 0.08 MLN
- Funding
- FMO NV