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Activity around African venture capital firms raising funds continues to increase as we head towards the end of the year. In the latest development, Abuja- and Lagos-based Ventures Platform is today announcing the first close of its $40 million pan-African fund. The fund, founded by one of Nigeria’s most active early-stage investors, Kola Aina, has […] ....
Nigeria, others to benefit as Google invests N410bn in Africa's digital transformation dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
The Future Africa Collective Presents an Opportunity to Invest in High Growth African Startups techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.
Share this article Last April, Future Africa put out a call for aspiring investors to pool funds into a co-investment community funding African innovation. By December, the firm had 160 members, reviewed over 600 funding proposals, and invested more than $1million in 16 startups. Itâs an encouraging output for the Nigeria-based firm that invests between $25k and $250k in startups at pre-seed and seed stages. One particular milestone from their first full year of operations catches attention. In a letter reviewing their 2020 performance, Future Africa founder and CEO Iyin Aboyeji said they returned $3.7 million to some of the firmâs first limited partners. ....