Bunmi Akinyemiju News

Seed funding for African tech startups is really taking off

Venture capital funding for African tech startups is really taking off - here's why

It is well established that VC investing globally is on the rise, but there is increasing evidence that more of this money is landing in Africa too, as the continent is now deemed a less risky place for investors to put their cash.

Convergence Partners invests $20M in Nigerian fintech firm Venture Garden Nigeria (VGN)

Convergence Partners invests $20M in Nigerian fintech firm Venture Garden Nigeria (VGN)

Convergence Partners today announced an investment of $20m by the Convergence Partners Communications Infrastructure Fund (CPCIF) for a strategic, minority stake in Venture Garden Nigeria (VGN), a diversified fintech company with significant operations in Nigeria.