May 31

Constant Ventures Is Raising $100 Million VC Fund for Investment Into Tech Startups Across West Africa

By Yinka Okeowo 

Constant Ventures, a part of the Constant Group is raising a $100 million venture capital fund to invest across a range of technology start-ups with a focus on financial inclusion, education and healthcare.

Investee companies will initially be located across Nigeria and Ghana, with the fund set to target the wider West Africa region.

Recent advances in digital information technology provide an opportunity to both build and scale solutions to everyday challenges faced by millions of Africans – in particular, the aggregation of fragmented value chains, the formalisation of large sectors of the continent’s economy and the provision of much-needed access to financial services for both consumers and businesses.

Source: TechEconomyNG (link opens in a new window)

Education, Finance, Health Care, Investing
financial inclusion, impact investing, startups