EIB Global invests in Seedstars Africa Ventures I to support innovative start-ups across Africa techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.
Seedstars Africa Ventures has received a $30 million capital commitment from EIB Global, an arm of the European Investment Bank, which becomes the first major institutional investment for its first Pan-African venture capital fund. The new commitment follows a $8 million investment from the fund’s anchor investor French private equity firm LBO France. The VC firm’s partners Maxime Bouan, Tamim El Zein and Bruce Nsereko Lule (who joined the duo in 2022) partnered with Seedstars Group, an emerging markets accelerator, to tap its infrastructure and market access in Africa.
MIL-OSI Europe: EIB Global announces new investment in Seedstars Africa Ventures I, a venture capital fund for African innovative entrepreneurs foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
EU invests $30m in African digital technology aid fund engineeringnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engineeringnews.co.za Daily Mail and Mail on Sunday newspapers.