VC Partech raises Sh30bn for Africa investments

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IFC Regional Director for Eastern Africa Jumoke Jagun-Dokunmu. FILE PHOTO | NMG

Venture capital fund Partech Africa has raised €230 million (Sh30.8 billion) for investing in technology companies in the continent including Kenya, Nigeria and South Africa.

The capital was raised from major institutional investors including Proparco, DEG, Dutch Development Bank (FMO), the International Finance Corporation (IFC) and British International Investment.

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