LoftyInc Capital Secures $43 Million for Africa’s Emerging Tech Startups
LoftyInc Capital Management announced the first close of its LoftyInc Alpha Fund, securing $43 million. The fund focuses on fostering growth in Africa's emerging tech startups, particularly in Nigeria, Egypt, Kenya, and Francophone Africa.
How ANAVA fund of funds sparked a startup investment wave in Tunisia
Startup Tunisia was initiated in 2015 to support young companies and foster a startup ecosystem in Tunisia. The Startup Act, launched in April 2019, has labeled about 1,200 companies as startups, indicating a significant increase in activity.
