Dubai - Mubasher: Abu Dhabi’s global tech ecosystem, Hub71, launched an expansive partnership with GetFundedAfrica, a tech-enabled marketplace that matches startups, investors (VCs & Angels), corporations, and government, to support the growth of tech startups.
The new cross-border programme aims to provide a soft landing for Hub71 startups seeking to expand into Africa, and for startups in the continent seeking to penetrate the UAE and the Middle East region from Abu Dhabi, according to a recent press release.
Startups will receive local company setup assistance to licensing and bank account opening and will gain support from both Hub71 and GetFundedAfrica with introductions to potential customers and investors.
“This new partnership facilitates cross-border investments, enables access to competitive and highly skilled talent, and brings new opportunities in untapped markets that are at the advent of technological transformation,” said Acting CEO of Hub71, Badr Al-Olama.
CEO & Co-Founder of GetFundedAfrica, Debo Omololu, commented: “The partnership with Hub71 helps African companies become global players leveraging a global ecosystem developed in Abu Dhabi. On the same note, UAE based companies are able to access opportunities in Africa through a transparent cross-border ecosystem developed by GetFundedAfrica. Partnerships like this pave the way for long-term growth in our mutual economies.”
Noteworthy to mention, the partnership was announced during GITEX Global 2022 in Dubai.
