$40m in the account

by | Jun 24, 2017

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Photo credit: Jonathunder via cc


The year 2015 saw the entry of London-based VC firm, TLcom Capital into Lagos, Nigeria and the appointment of Nigeria’s former Minister of Communication Technology, Omobola Johnson as regional General Partner.

Two years after, the firm has finally announced a $40 million seed fund targeted at African startups. “What took them so long?”, you may ask. Apparently, they’ve been building a database of 900 ‘investable companies’ and now they’re ready to put their money where their mouth is. Get more details

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