Businessman Ashish Thakkar plans $250m Africa fund – Bloomberg
Planned $250 million fund to back African technology companies.
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Tech accelerator Startupbootcamp, businessman Ashish Thakkar, and Blend Financial Services have teamed up with the aim of launching a $250 million fund aimed at African technology companies, Bloomberg reports.
Thakkar shared that the fund is expected to make its first investments in three to six months, targeting key markets such as South Africa, Nigeria, Kenya, Côte d'Ivoire, and Egypt.
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