Press Releases and announcements

Seedstars World Partners with FACRA to find the Best Startup in Angola

28th June 2016, Luanda

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is returning to Angola on July 27th. In line with its mission to place the spotlight on entrepreneurs from emerging markets, Seedstars World is travelling to more than 65 countries globally and 20+ in Africa this year to identify the best seed-stage entrepreneurs and provide them with an opportunity to win up to USD 1 million and network with investors and mentors from around the world. read more...

FACRA Announces Presence at 32nd International Fair of Luanda (FILDA)

20th July 2015, Luanda

The Angolan government-backed venture capital fund, FACRA, today announced its participation at the International Fair of Luanda to be held July 21–26 in Angola. The presence of FACRA will underscore its efforts to provide funding opportunities for Angolan MSMEs and international businesses looking to expand in Angola. read more...

“The future for innovation looks very promising” - Africa Today Magazine 119

January 2015

Created in 2012, the Angolan Venture Capital Fund (FACRA) is aiming to invest in Angola’s MSME s (micro, small and medium-sized companies) for both the creation and development of innovative business ideas. Teodoro Poulson, head of the investment committee and spokesman for the fund, provides details of the government’s allocation of 250 MILLION DOLLARS that will help finance projects intended to diversify the economy and promote the ‘Made in Angola’ brand. read more...

FACRA announces Angola’s first investment fair

23rd January 2015, Luanda

The Angolan government-backed venture capital fund, FACRA, will hold its first investment fair in Luanda in the first quarter of 2015, as part of its efforts to provide funding opportunities for Angolan MSMEs or international businesses looking to expand in Angola. The announcement was made during the investment forum, FACRA Day, held yesterday in Luanda. read more...

Angolan Venture Capital Fund FACRA to organise investment forum in Luanda

19th January 2015, Luanda

The event “FACRA Day” aims to guide entrepreneurs and enterprises to develop and expand their businesses successfully. read more...

Fundo Activo de Capital de Risco Angolan (FACRA) Welcomes UK Trade

Delegation to Angola, October 2014

Fundo Activo de Capital de Risco Angolano (FACRA), the Angolan Government-backed venture capital fund, the British Embassy in Luanda and the Scottish Development Mission, today announced the organization of a weeklong series of introductory meetings between a UK trade delegation and Angolan SMEs. read more...