Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom

Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/03/03/africa-roundup-tlcom-closes-71m-fund-jumo-raises-55m-aws-partners-with-safaricom/

VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startup over the next 18 months.

The group —  with offices in London, Lagos, and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series B, according to TLcom Managing Partner Maurizio Caio.