PANews reported on February 6 that blockchain developer StarkWare launched a $4 million venture capital fund to accelerate blockchain innovation in Africa. The fund aims to provide African entrepreneurs and builders with everything they need to create blockchain-based startups in Africa. These include:

• Financial support: Grants up to $150,000, with more advanced teams receiving larger investments (typically up to $500,000)
• Infrastructure to meet all its needs, either directly on Starknet or as a Starknet appchain/L3s
• Guidance and technical expertise to help them succeed