Monday
March 15
2021

Fund Worth $25-Million Launches for Early-Stage African Tech Startups

By 

Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund. 

The investment funding secured has been led by The International Finance Corporation (IFC), a member of the World Bank Group with participation from the Women Entrepreneurs Finance Initiative (WeFi), Tim Draper of Draper Associates, Visa Forsten, co-founder of Supercell and Senegal-based Venture studios UMA also participated.

Source: VentureBurn (link opens in a new window)

Categories
Investing, Technology
Tags
agtech, education, fintech, investing, startups, tech, technology