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LoftyInc Capital Secures $43 Million for Africa’s Emerging Tech Startups
Tech In Africa - Mar 17, 2025
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.
Micro, Small, and Medium Enterprises Development Agency (MSMEDA)Anava Fund of FundsFMO (Dutch Entrepreneurial Development Bank)LoftyInc Capital ManagementInternational Finance Corporation (IFC)
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