Seedstars Africa Ventures has partnered with French private equity firm LBO France as part of the latter’s new African strategy. Seedstars is a global emerging market accelerator active in 25 African countries. The fund focuses on financing innovative companies operating in sub-Saharan Africa in seed and series A rounds.

The $100 million fund is closing its third investment, growing its footprint from education and connectivity to agriculture. It leverages its footprint across th...