{"id":528,"date":"2025-04-08T21:26:50","date_gmt":"2025-04-08T20:26:50","guid":{"rendered":"https:\/\/techstream.africa\/?p=528"},"modified":"2025-04-08T21:26:50","modified_gmt":"2025-04-08T20:26:50","slug":"us-slashes-51m-in-african-startup-funding-hits-nigeria-kenya-hard","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=528","title":{"rendered":"US Slashes $51M in African Startup Funding, Hits Nigeria &amp; Kenya Hard"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"92\" height=\"92\" src=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4685-1.png\" alt=\"\" class=\"wp-image-224\"\/><\/figure>\n\n\n\n<p class=\"p1\">The U.S. African Development Foundation (USADF) has cut $51 million in funding meant for African SMEs and startups across 22 countries, including Nigeria and Kenya\u2014the program\u2019s largest beneficiaries. The move, led by the Department of Government Efficiency (DOGE), a Trump-era agency now headed by Elon Musk, affects hundreds of small businesses, especially those in agriculture and wellness sectors.<\/p>\n\n\n\n<p class=\"p1\">Notable casualties include a WhatsApp marketing chatbot in Kenya and a wellness incubator in Nigeria. With over 211 Nigerian and 186 Kenyan startups previously supported, the abrupt cuts could collapse key rural and women-led initiatives that rely on USADF\u2019s direct, non-dilutive funding.<\/p>\n\n\n\n<p class=\"p1\">The broader implication? African entrepreneurs may need to rethink their dependence on foreign aid as U.S. political shifts continue to ripple through the startup ecosystem.<\/p>\n\n\n\n<p class=\"p1\">Read more here: <a href=\"https:\/\/techcabal.com\/2025\/04\/08\/kenyan-nigerai-usadf-funding-51\/\"> https:\/\/techcabal.com\/2025\/04\/08\/kenyan-nigerai-usadf-funding-51\/TechCabal <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. African Development Foundation (USADF) has cut $51 million in funding meant for African SMEs and startups across 22 countries, including Nigeria and Kenya\u2014the program\u2019s largest beneficiaries. The move, led by the Department of Government Efficiency (DOGE), a Trump-era agency now headed by Elon Musk, affects hundreds of small businesses, especially those in agriculture&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-528","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=528"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/528\/revisions"}],"predecessor-version":[{"id":529,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/528\/revisions\/529"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}