# Agence Française de Développement

Type: organization

Source: GetYourBrief — https://getyourbrief.com/entity/agence-franaise-de-dveloppement
Canonical HTML page: https://getyourbrief.com/entity/agence-franaise-de-dveloppement

## Timeline

- **2026-06**: DICE Fund of Funds activated — Bank of Industry signs agreement appointing Kuramo Capital Management as manager; federal government commits $85.3 million, with Kuramo to raise matching private capital, bringing total fund size to at least $170.6 million.
- **2026-06**: DICE Fund of Funds activated — Bank of Industry signs agreement appointing Kuramo Capital Management as manager; federal government commits $85.3 million, with Kuramo to raise matching private capital, bringing total fund size to at least $170.6 million.
- **2026-06**: DICE Fund of Funds activated — Bank of Industry signs agreement appointing Kuramo Capital Management as manager; federal government commits $85.3 million, with Kuramo to raise matching private capital, bringing total fund size to at least $170.6 million.
- **2025-11**: First direct government VC investment — iDICE Programme invests in Ventures Platform’s VP Pan-African Fund II, which closes at $64 million with international co-investors.
- **2025-11**: First direct government VC investment — iDICE Programme invests in Ventures Platform’s VP Pan-African Fund II, which closes at $64 million with international co-investors.
- **2025-11**: First direct government VC investment — iDICE Programme invests in Ventures Platform’s VP Pan-African Fund II, which closes at $64 million with international co-investors.

## Recent coverage (3 stories, network-wide)

### Nigeria’s $170.6M DICE Fund Aims to Bring VC to All 36 States
2026-07-01 03:22:32 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2

The new fund-of-funds, managed by Kuramo Capital, will invest in local VC firms to support tech and creative startups across Nigeria. It follows a $64 million investment in Ventures Platform’s Pan-African Fund in 2025, signaling the government’s deepening commitment to the startup ecosystem.
Full story: https://getstartupbrief.com/story/nigerias-170-6m-dice-fund-vc-all-states

### $170.6M iDICE Fund Targets Nigeria’s SaaS and Digital Economy
2026-07-01 03:22:23 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2

Nigeria’s new $170.6 million fund of funds will fuel SaaS and cloud-native businesses as part of the country’s iDICE programme. The fund, managed by Kuramo Capital, couples government backing with private capital to expand Nigeria’s digital ecosystem infrastructure.
Full story: https://getsaasbrief.com/story/170-6m-idice-fund-saas-digital-economy

### Nigeria Launches $170.6M Public-Private Fund to Boost Startup Investment
2026-07-01 03:22:12 · Sector: finance · Sentiment: Positive · Impact: 7/10 · Sources: 2

The Nigerian government has committed $85.3 million through its iDICE Programme, matched by $85.3 million in private capital managed by Kuramo Capital, to create a $170.6 million fund-of-funds for tech and creative startups. This marks one of Africa's largest government-backed venture investment vehicles and aims to catalyze broader private-sector participation.
Full story: https://getfinancebrief.com/story/nigeria-170-6m-fund-boost-startup-investment

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.