Skype founder among investors raising R3.8 billion for tech startups in Africa

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Skype founder among investors raising R3.8 billion for tech startups in Africa
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The investments will largely be focused on startups in South Africa, Nigeria, Ghana, Kenya and Egypt.

an Africa-focused venture capital firm, received the backing of more than 30 unicorn founders and institutions to raise $205 million for new tech investments on the continent.

Investments will largely be focused on startups in South Africa, Nigeria, Ghana, Kenya and Egypt, she said.“We would like to build out a portfolio of about twenty investments in the beacon economies of Africa.” Norrsken22 said it’s seeking to invest in the growth in tech businesses expected in Africa, that is fueled by investment in digital infrastructure and smartphone adoption on the continent, said Kolbe.

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