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Why AFC backed Future Africa and LightRock with $40 million
Begna Gebreyes, the head of AFC’s technology division, shares how the $19 billion institution is investing $100 million in African VC.
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techcabal.com
AFC commits $40 million to Future Africa, Lightrock Africa funds
AFC has invested $40 million in Future Africa and LightRock Africa II. Another $60 million is queued for African tech VC fund managers.
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iol.co.za
Africa Finance Corporation launches $100m tech fund to back continent’s digital future
Africa Finance Corporation announces a US$100 million commitment to accelerate investment in Africa-focused technology fund managers, aiming to enhance local participation in the…
