TLcom founder and MP Maurizio Caio: “Half of the money invested will be in companies already funded, for follow-up.”
Africa Business+ spoke to the head of one of Africa’s leading tech funds.
17/02/2022 at 17h46, by Africa Business+
TLcom is one of the most active tech managers in Africa, with offices in Lagos and Nairobi. The fund, called Tide Africa, launched in 2017 with a capital of $71 million, has invested in some strong companies in the sector: Andela, Twiga Foods and Kobo360. A second vehicle, this time targeting a final closing of $150 million, was raised earlier this year. Maurizio Caio, former head of the EMEA tech practice at Bain, founded TLcom Capital in 1999. Here he talks about his new vehicle and its investment terms.
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