Fintech : Uncovered Fund and Monex Ventures launched the Uncovered Monex Africa Investment Partnership (UMAIP)

Uncovered Fund and Monex Ventures have launched the Uncovered Monex Africa Investment Partnership (UMAIP), a $20 million fund to support early-stage startups in Africa and the Middle East. Initial checks range from $100K to $500K, with follow-ups up to $2M, targeting fintech, mobility, sustainability, agritech, logistics, and e-commerce. A major step to strengthen Africa’s innovation ecosystem and attract global investors.