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Venture company raises Sh8bn for Africa tech startups

A trader counting money. FILE PHOTO | NMG

By  Charles Mwaniki

Business Reporter

Nation Media Group

Venture Capital firm TLcom has raised Sh8 billion ($70 million) in new capital for onward investment in startups in the region.

The firm, which has offices in Nairobi, Lagos and London, has made investments in a number of Kenyan startups including Twiga Foods, Ajua and Kobo360.

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