Local venture capital fund formation is on the rise in Africa, led by Nigeria
submitted about 7 years ago by lexacon
submitted about 7 years ago by lexacon
- The article discusses the increasing presence of African-run investment funds in Africa's venture capital landscape, with a focus on data from Crunchbase.
- The study identified 51 viable Africa-focused VC funds globally, with a significant number of them being headquartered in Africa and managed by Africans, showcasing a growing trend towards local involvement in the continent's tech ecosystem.
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