Breega Unveils $75 Million Fund Targeting African Startups
Tech In Africa | Grace Ashiru - Jul 15, 2024
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- Breega has launched its inaugural African fund, aiming to establish itself as the top early-stage investor in African entrepreneurs.
- The $75 million fund will be directed towards ventures in South Africa, Egypt, Nigeria, Kenya, and several French-speaking African countries.
- Breega plans to focus on critical sectors such as agri-tech, ed-tech, e-health, fintech, insurtech, prop-tech, and logistics.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The launch of Breega's African fund is a positive development for the continent's entrepreneurial ecosystem. With a focus on critical sectors and a substantial investment amount, Breega aims to bridge the financing gap and support high-impact and sustainable solutions in Africa.
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