The decision could have wider implications for how regulators approach competition issues, particularly in sectors dominated by multinational corporations.
Their investments demonstrate that established African tech firms can drive meaningful impact, not only by providing financial support but also by offering mentorship, market access, and strategic partnerships to startups.
Despite the proliferation of fintech, e-commerce, and logistics platforms across Africa, a lack of formal addresses remains a blind spot in infrastructure.
The fund will also support ecosystem development, from policy engagement and evidence generation to cross-sector convening, in order to accelerate market adoption.
