Nigerian billionaire Tony Elumelu invests undisclosed amount in Silicon Valley mobile startup Wonderloop


Tony Elumelu, one of Africa’s wealthiest magnates, who recently launched a $100 million program to support entrepreneurship in Africa, is understood to have put an undisclosed sum into Silicon Valley-based mobile startup Wonderloop.

Prior to this, Wonderloop had raised $500,000 in seed funding and received $100,000 from Innovation Norway.

Read more: Wonderloop Attracts Investment From One Of Africa’s Wealthiest Magnates | TechCrunch.