Partech Cements Commitment to African Tech with $300M Fund and Lagos Launch
Tech In Africa | Sylvia Duruson - Feb 19, 2024
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  • Partech secured $300 million for its second Africa-focused fund, Partech Africa II.
  • Partech opened a new office in Lagos, Nigeria's startup hub.
  • The fund drew support from over 40 international investors, including development finance institutions.
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Partech's successful fundraising and expansion in Lagos demonstrate the growing interest in Africa's tech sector. The firm's commitment to the region, along with its diverse investor base and focus on key sectors, positions it well to support the next wave of African startups. The positive sentiment and confidence in Partech's strategy indicate a promising future for African innovation.
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