Nigeria's former tech minister Omobola Johnson is now a venture capitalist

Omobola Johnson, Nigeria’s former Minister of Communication Technology and incoming Partner at venture capital firm TLcom Capital

London-based venture capital firm, TLcom, has appointed Omobola Johnson, Nigeria’s former minister of communications and technology, as lead partner as it kicks off its West African operations.

The venture firm, which opened its first Africa office in Nairobi two years ago, is looking to raise up to $100 million for investment in African start-ups through its TLcom TIDE (Technology and Innovation for Developing Economies) Africa Fund.

The focus of the investments, which could range from $500,000 to $10 million, will be on e-commerce, energy, health and education technology startups which have a potential for fast growth.

Read more: Nigeria’s former tech minister is now a venture capitalist – Quartz

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