LoftyInc Capital Reaches USD5.5m First Close for Africa Tech Fund

Source(s): TechCrunch

LoftyInc Capital Management reached a USD5.5m first close for LoftyInc Afropreneurs Fund 3. The vehicle, which has an initial target size of USD10m, will make investments in Africa, with a particular focus on the hyper-growth tech ecosystems in Nigeria, Egypt and Francophone Africa. Read more