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TLcom Capital closes Ksh.20B fund to back early-stage African start-ups https://t.co/pW6ZDpNgW9
African tech investor TLcom Capital raised $154M for a new fund, attracting US and Europe investment; Africa-focused VCs have raised $655M since November 2023 (@aanuadeoye / Financial Times) https://t.co/zxJBuBckoy 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/4Fy2d93CGY
TLcom Capital closes second fund at $154M to back early-stage startups across Africa: https://t.co/B622veCQj9 by TechCrunch #infosec #cybersecurity #technology #news
TLcom Capital has successfully closed its second fund at $154 million, aimed at supporting early-stage startups across Africa. This achievement has attracted significant interest from investors in the US and Europe, highlighting the growing appeal of the African tech industry. The fund's closure marks a significant milestone, as Africa-focused venture capital firms have collectively raised $655 million since November 2023. Additionally, the fund plans to expand its operations into Egypt, further broadening its impact on the continent's burgeoning tech sector.
