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business

Local venture capital fund formation is on the rise in Africa, led by Nigeria

techcrunch.com/2018/1...

submitted over 6 years ago by lexacon

 Local venture capital fund formation is on the rise in Africa, led by Nigeria

submitted over 6 years ago by lexacon

 Local venture capital fund formation is on the rise in Africa, led by Nigeria
  • 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.
Read more on techcrunch.com
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