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Google sets up $50M fund to invest in African startups – TechCrunch

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Google sets up $50M fund to invest in African startups – TechCrunch

Image Credits: Google However, unlike both initiatives, the newly announced $50 million Africa Investment Fund will see Google take equity in high-growth African startups in exchange for varying check sizes. “Think of it as Google bringing venture capital into the continent,” said Gajria. Per the fund's investment thesis, the managing director said the Africa Investment Fund doesn't have any preference for specific sectors or countries.

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Google sets up $50M fund to invest in African startups – TechCrunch

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Google sets up $50M fund to invest in African startups – TechCrunch

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