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Africa in June: Ethiopia’s polls, Japanese fundraising, ‘Afrofuturistic’ art

By The Africa Report
Posted on Friday, 28 May 2021 18:09

Ethiopia's Prime Minister Abiy Ahmed attends the launch of a mobile phone-based financial service named Telebirr mobile money service, in Addis Ababa, Ethiopia May 11, 2021. REUTERS/Tiksa Negeri

The month of June is set to be a busy one for the continent - from Ethiopian national elections, to Japanese financiers fundraising for African start-ups.

Finance

$15m

Often under the radar, Japanese financiers are getting in at the very early stages of fundraising for African start-ups. The Uncovered Fund is in the midst of raising finance for new investments and hopes to attract $15m by June to invest in $50,000-$500,000 tranches for promising business ventures in e-commerce, logistics and other fields.

Conference of African finance ministers