Total 6 Posts
With Africa’s offline retail market estimated at $1 Trillion, Nigerian startup, TradeDepot, plans to use the investment it received to expand into other African cities and launch a suite of financial products and credit facilities to support its retailers.
The West has an unconscious bias against technology in Afrika.
Yoco is set to use the $16 million it received in investment to grow the business and hire FinTech related staff.
Partech Africa, a venture capital company launched in January 2018 to focus on investing in Afrika's technology startups, has made its first investment into an Afrikan startup. This comes after the venture capital firm announced it led the $3 million Series A funding round into Nigeria's TradeDepot. At the time
Tidjane Dème and Cyril Collon on Partech Africa's investment ethos and what type of startups they will be investing in
On 18 January 2018, a new venture capital fund, Partech Africa, was launched to invest in early-stage Afrikan startups. Created by global VC firm, Partech Ventures, the Partech Africa fund will be looking to invest a minimum of approximately $600,000 and up to about $6 million per initial ticket.
A new VC fund, Partech Africa, has been launched to invest in early-stage growth businesses in Afrika. The fund has been created by global VC firm, Partech Ventures and it will be looking to invest a minimum of approximately $600,000 and up to about $6 million per initial ticket.