https://techcrunch.com/2021/01/25/early-stage-african-vc-firm-microtraction-reports-portfolio-boom-despite-the-weight-of-covid-19/ > In a year marred by the coronavirus pandemic, it seems that early-stage startups on the African continent are continuing to see some notable growth, both in terms of their business and from investors looking to back them.  > Microtraction, an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio.