These specialized Africa VC funds are welcoming co-investors

These specialized Africa VC funds are welcoming co-investors

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/19/these-specialized-africa-vc-funds-are-welcoming-co-investors/

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region.

Africa’s startup scene is performance-light — one major IPO and a handful of exits — but there could be greater returns for investors who get in early. For funds from Silicon Valley to Tokyo, building a portfolio and experience on the continent with those who already have expertise could be the best start.