A lack of seed investments continues to prove a challenge in Africa’s venture capital space, despite increasing signs of improvement in recent years. In 2019 and 2020, only 7% of all capital went into seed companies, a figure which grew a year later to about...
June 15, 2022
Pan-African venture capital fund Launch Africa Ventures has closed its $36.3 million fund, which it used primarily for investments in B2B and business-to-business-to-consumer startups. According to an announcement on its website Tuesday (June 14), the Mauritius-based company has helped 108 startups in 21 African countries, including Kuda, a neobank based in Nigeria, and Kenyan B2B […]
