TLcom Capital News

Omobola Johnson, Senior Partner, TLcom and Nigeria's former Minister of Communication Technology. Credit: ITU

VC firm TLcom rakes in $40 million for new Africa fund

London and Nairobi-based venture firm TLcom Capital has raised $40 million for its new Africa fund. The target is $100 million. TIDE Africa Fund will focus on tech startups in Sub-Saharan Africa.

World Bank launches program, XL Africa, to support Africa’s top tech entrepreneurs. Credit: infodev.org

World Bank launches program, XL Africa, to support Africa's top tech entrepreneurs

With support from prominent African investment groups, XL Africa will help 20 selected startups attract early stage capital of between $250,000 and $1.5 million.

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

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

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.