TLcom Capital secures $10.5 million from AfDB for second Tide Africa fund
Venture capital firm, TLcom Capital, led and founded by Maurizio Caio, is targeting a $150 million final closing of its Tide Africa Fund II, primarily dedicated to pre-seed and seed-stage African startups.
17/02/2023 at 17h32, by Africa Business+
The African Development Bank (AfDB) will inject $10.5 million into this second-generation fund, covering sub-Saharan Africa, starting with Nigeria, Kenya, South Africa and Egypt. Countries that are more advanced in terms of technology offering greater growth opportunities.
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