The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
“We’ve built a differentiated model that has consistently delivered growth and profitability despite limited access to capital and tough macro conditions."
Kevin Dillon, co-founder of Africa Bridge Fund and whose growth equity firm Atlantic Bridge has invested in 110 deep technology companies, contributes from Cape Town, South Africa.
MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
Since its 2022 launch, the company — owned by Chinese conglomerate PDD Holdings — has rapidly expanded into 90+ markets, luring shoppers with $5 wireless earbuds, $10 sneakers, and $3 T-shirts.
The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.
