African venture capital firm TLcom Capital has raised $70 million for the first closing of its $150 million Africa-focused technology fund. The new fund should allow TLcom to expand its activities to fast-growing, technology-focused African startups, and strengthen its presence in East and West Africa. The deal saw Allianz participate through AfricaGrow, its joint venture…...
Trending
- Tunisia: Ennakl Automobiles to pay a dividend of 30 million dinars for the year 2025
- Egypt: BP announces a new natural gas discovery in the Eastern Mediterranean
- CEMAC: Gabon, Cameroon, and Congo account for 80% of debt on the regional market
- DRC: $57.4 million raised on Treasury bonds, sustained growth in the foreign exchange market
- East Africa: Remittances threatened by tensions in the Middle East, warns the World Bank
- Ivory Coast: Zenith Bank opens a subsidiary in Abidjan
- Djibouti: Ismaïl Omar Guelleh re-elected for a sixth term with 97.81% of the vote
- Royal Air Maroc receives a new long-haul Boeing 787-8 Dreamliner aircraft
TLcom Capital completes first closing of its $150 million pan-African technology fund
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com