BPI France, Sawari Ventures, and Flat6Labs Strengthen Entrepreneurial Ties

During the FrancoTech exhibition in Paris, Bpifrance, Sawari Ventures, and Flat6Labs signed a memorandum of understanding. This agreement aims to reinforce connections between Africa, Europe, and the Middle East, enhancing support for Francophone and African entrepreneurs across the three continents.

The memorandum highlights innovation as a core priority. Sawari Ventures, known for investing in growth-stage African tech companies, recently expanded to Dakar. Flat6Labs, an active seed and early-stage fund manager in the MENA region, operates in seven countries, supporting over 400 investments.

This collaboration seeks to improve market access and financing for innovative companies in France and Africa. It also aims to foster commercial and technological partnerships across continents, accelerating co-investment between European and African venture capital firms.