According to CoinDesk, Cardano founder Ken Kodama said that Cardano developer Emurgo will invest more than $200 million in the next three years to support the development of the Cardano ecosystem. Funding for the investment comes from Emurgo's own funds and will be provided to projects building directly on Cardano as well as projects migrating from other networks. Ken Kodama also said that Emurgo plans to set aside $100 million for investments in Africa, a key growth driver in the region is lending and lending crypto services used in everyday life.